Repository of Regulatory Initiatives for Brexit Preparedness
Repository of Regulatory Initiatives for Brexit Preparedness
Information for Specific Market Segments - Post Trade – CCPs, Trade Repositories, CSDs and Derivatives
European Commission
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Exemption of the Bank of England from the pre- and post-trade transparency requirements (MiFIR) 30 January 2019
https://ec.europa.eu/info/publications/exemption-bank-england-pre-and-post-trade-transparency-requirements-mifir_en -
Report on the exemption for the Bank of England and the United Kingdom Debt Management Office under the Market Abuse Regulation 30 January 2019
https://ec.europa.eu/info/files/report-exemption-bank-england-and-united-kingdom-debt-management-office-under-market-abuse-regulation_en -
Report on the exemption for the Central Bank of The United Kingdom ('Bank of England') under the Markets in Financial Instruments Regulation 30 January 2019
https://ec.europa.eu/info/files/report-exemption-central-bank-united-kingdom-bank-england-under-markets-financial-instruments-regulation_en -
Withdrawal of the United Kingdom and EU rules in the field of Post-Trade Financial Services 8 February 2018
https://ec.europa.eu/info/sites/info/files/file_import/post_trade_services_en_0.pdf -
Withdrawal of The United Kingdom and EU Rules in The Field of Markets in Financial Instrument 8 February 2018
https://ec.europa.eu/info/sites/info/files/file_import/financial_instruments_en.pdf -
Equivalence decision UK CCPs19 December 2018
https://ec.europa.eu/info/files/equivalence-decision-uk-ccps-c-2018-9139_en -
Equivalence decision UK CSDs 19 December 2018
https://ec.europa.eu/info/files/equivalence-decision-uk-csds-c-2018-9138_en -
Regulatory technical standards (clearing) – COM(2018)9122 19 December 2018
https://ec.europa.eu/info/sites/info/files/regulatory-technical-standards-clearing-com-2018-9122_en.pdf -
Regulatory technical standards (margins) – COM(2018)9118 19 December 2018
https://ec.europa.eu/info/sites/info/files/regulatory-technical-standards-margins-com-2018-9118_en.pdf
ESMA
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ESMA to recognise Euroclear Uk & Ireland Limited (Eui) After Brexit Transition Period 11 December 2021
https://www.esma.europa.eu/press-news/esma-news/esma-recognise-euroclear-uk-ireland-limited-eui-after-brexit-transition-period -
ESAS change in the status of simple, transparent and standardised (sts) securitisation transactions at the end of the UK transition period 7 December 2021
https://www.esma.europa.eu/press-news/esma-news/esas-highlight-change-in-status-simple-transparent-and-standardised-sts -
ESMA Public Statement on the Derivatives Trading Obligation (DTO) 25 November 2021
https://www.esma.europa.eu/sites/default/files/library/70-155-8842_esma_statement_on_dto_final.pdf -
ESMA updates Brexit statements for the end of uk transition period I) on issues affecting EMIR and SFTR reporting (ii) the use of UK data in ESMA databases and performance of MiFID II calculations (iii) on ESMA’s Data Operational Plan 9 November 2020
https://www.esma.europa.eu/press-news/esma-news/esma-updates-brexit-statements-end-uk-transition-period -
ESMA to recognise three UK CCPS from 1 January 2021
https://www.esma.europa.eu/press-news/esma-news/esma-recognise-three-uk-ccps-1-january-2021 -
ESMA extends recognition decisions for 3 UK CCPS in the event of a no-deal Brexit
https://www.esma.europa.eu/sites/default/files/library/esma71-99-1269_esma_updates_its_recognition_of_uk_ccps_and_csd.pdf -
Impact of no-deal Brexit on the application of MiFID II/MiFIR and the Benchmark Regulation (BMR)
https://www.esma.europa.eu/system/files_force/library/esma70-155-8500_statement_brexit_mifid_remaining_issues_oct2019.pdf?download=1 -
ESMA has adopted new recognition decisions in the event of a no-deal Brexit on 12 April for the three UK CCPs and the UK CSD 5 April 2019
https://www.esma.europa.eu/sites/default/files/library/esma71-99-1142_esma_updates_its_recognition_of_uk_ccps_and_csd.pdf -
ESMA registers UNAVISTA TRADECHO B.V. as trade repository 25 March 2019
https://www.esma.europa.eu/press-news/esma-news/esma-registers-unavista-tradecho-bv-trade-repository -
Impact of Brexit on MiFID II/MiFIR and the Benchmark Regulation (BMR) – C(6) carve-out, trading obligation for derivatives, ESMA opinions on third-country trading venues for the purpose of post-trade transparency and position limits, post-trade transparency for OTC transactions, BMR ESMA register of administrators and 3rd country benchmarks 8 March 2019
https://www.esma.europa.eu/sites/default/files/library/esma70-155-7253_public_statement_mifidii_bmr_provisions_under_a_no_deal_brexit.pdf -
ESMA to recognise three UK CCPs in the event of a no-deal Brexit 18 February 2019
https://www.esma.europa.eu/sites/default/files/library/esma71-99-1114_esma_to_recognise_three_uk_ccps_in_the_event_of_a_no-deal_brexit.pdf -
ESMA agrees no-deal Brexit MOUs with the Bank of England for recognition of UK CCPs and the UK CSD 4 February 2019
https://www.esma.europa.eu/sites/default/files/library/esma71-99-1107_esma_agrees_no-deal_brexit_mous_with_the_bank_of_england_for_recognition_of_uk_ccps_and_the_uk_csd_0.pdf -
ESMA clarifies the reporting and handling of derivatives data in case of no-deal Brexit 1 February 2019
https://www.esma.europa.eu/sites/default/files/library/esma70-151-1997_statement_brexit_emir_data.pdf -
ESMA statement on issues affecting reporting, recordkeeping, reconciliation, data access, portability and aggregation of derivatives under article 9 EMIR in the case of UK withdrawal from the EU without a transitional agreement 1 February 2019
https://www.esma.europa.eu/system/files_force/library/esma70-151-1997_statement_brexit_emir_data.pdf?download=1 -
ESMA and EU securities regulators agree no-deal Brexit MOUs with FCA 1 February 2019
https://www.esma.europa.eu/press-news/esma-news/esma-and-eu-securities-regulators-agree-no-deal-brexit-mous-fca -
ESMA statement recognition of UK CCPs and CSD in no-deal Brexit 19 December 2018
https://www.esma.europa.eu/system/files_force/library/esma70-151-2032_esma_statement_recognition_of_uk_ccps_and_csd_in_no_deal_brexit.pdf?download=1 -
ESMA is ready to review UK CCPs’ and CSDs’ recognition applications for a no-deal Brexit scenario 19 December 2018
https://www.esma.europa.eu/sites/default/files/library/esma70-151-2032_esma_statement_recognition_of_uk_ccps_and_csd_in_no_deal_brexit.pdf -
ESAS propose to amend bilateral margin requirements to assist Brexit preparations for OTC derivative contracts 29 November 2018
https://www.esma.europa.eu/press-news/esma-news/esas-propose-amend-bilateral-margin-requirements-assist-brexit-preparations-otc -
Managing risks of a no-deal Brexit in the area of central clearing 23 November 2018
https://www.esma.europa.eu/system/files_force/library/esma70-151-1948_managing_risks_of_a_no-deal_brexit_in_the_area_of_central_clearing.pdf?download=1 -
ESMA asks clients of credit rating agencies and trade repositories to prepare for a no-deal Brexit 9 November 2018
https://www.esma.europa.eu/sites/default/files/library/esma80-187-149_public_statement_brexit_cras_trs.pdf -
ESMA proposes a regulatory change to support the Brexit preparations of counterparties to uncleared OTC derivatives 8 November 2018
https://www.esma.europa.eu/sites/default/files/library/esma70-151-1854_final_report_on_the_co_regarding_novated_trades_to_the_eu.pdf
FCA
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Use of the Temporary Transitional Power to modify the UK’s derivatives trading obligation 31 December 2021
https://www.fca.org.uk/news/statements/temporary-transitional-power-derivatives-trading-obligation -
Statement on MiFID trade reporting and position limit obligations 3 October 2020
https://www.fca.org.uk/news/statements/statement-mifid-trade-reporting-and-position-limit-obligations -
CP18/28: Brexit: proposed changes to the Handbook and Binding Technical Standards – first consultation 25 July 2019
https://www.fca.org.uk/publications/policy-statements/ps19-5-brexit-policy-statement -
Statement on various MiFID obligations and benchmarks regulation if the UK leaves the EU without an implementation period 13 May 2019
https://www.fca.org.uk/news/statements/statement-various-mifid-obligations-and-benchmarks-regulation-if-uk-leaves-eu-without-implementation -
FCA statement on the reporting of derivatives under the UK EMIR regime in a no-deal scenario 11 May 2019
https://www.fca.org.uk/news/statements/fca-statement-reporting-derivatives-under-uk-emir-regime-no-deal-scenario -
Trade repositories 6 March 2019
https://www.fca.org.uk/firms/trade-repositories -
Requirements for UK trade repositories and reporting counterparties 1 February 2019
https://www.fca.org.uk/news/statements/requirements-uk-trade-repositories-and-reporting-counterparties -
The financial services contracts regime 1 February 2019
https://www.fca.org.uk/news/statements/financial-services-contracts-regime -
Temporary permission and variation under the EEA Passport Rights (Amendment, etc., and Transitional Provisions) (EU Exit) Regulations 2018: notification before exit day 9 November 2018
https://www.fca.org.uk/publication/handbook/temporary-permission-notification-direction.pdf -
CP18/28: Brexit: proposed changes to the Handbook and Binding Technical Standards – first consultation 28 February 2019
https://www.fca.org.uk/publications/consultation-papers/cp18-28-brexit-proposed-changes-handbook-bts-first-consultation
Bank of England
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UK withdrawal from the EU: Changes to FMI rules and onshored Binding Technical Standards 28 February 2019
https://www.bankofengland.co.uk/paper/2018/uk-withdrawal-from-the-eu-changes-to-fmi-rules-and-onshored-binding-technical-standards -
Interim list of third-country CSDs that will provide CSD services in the UK using the transitional provisions of the Central Securities Depositories (Amendment) (EU Exit) Regulations 2018 if the UK leaves the EU with no implementation period 28 February 2019
https://www.bankofengland.co.uk/-/media/boe/files/financial-stability/financial-market-infrastructure-supervision/interim-list-of-third-country-csd.pdf?la=en&hash=3C6C36895859AD0869E651B849B09967F4CE3F1C -
Interim list of EEA systems whose operators have indicated their intention for such systems to receive settlement finality protection in the UK pursuant to the draft Temporary Designation Regime (TDR) of the Draft Financial Markets and Insolvency (Amendment and Transitional Provision) (EU Exit) Regulations 2019 if the UK leaves the EU with no implementation period 28 February 2019
https://www.bankofengland.co.uk/-/media/boe/files/financial-stability/financial-market-infrastructure-supervision/interim-list-of-eea-systems.pdf?la=en&hash=FE6435210318889854965FFD57C26F4A207E0F55 -
Transitional Provision) (EU Exit) Regulations 2018 if the UK leaves the EU with no implementation period 28 February 2019
https://www.bankofengland.co.uk/-/media/boe/files/financial-stability/financial-market-infrastructure-supervision/interim-list-of-third-country-ccp.pdf?la=en&hash=5476B539773D6E5F667DFDC238B982F93C515C6F -
Information on the effect of the UK’s withdrawal from the EU on FMI supervision 18 February 2019
https://www.bankofengland.co.uk/eu-withdrawal/information-on-the-effect-of-the-uks-withdrawal-from-the-eu-on-fmi-supervision -
CCPs’ preparations for the UK’s withdrawal from the European Union: update following March 2018 European Council 28 March 2018
https://www.bankofengland.co.uk/letter/2018/ccps-preparation-for-the-uk-withdrawal-from-the-eu-update-march-2018 -
Update to central counterparties (CCPs) 25 October 2018
https://www.bankofengland.co.uk/letter/2018/update-to-ccps -
Practical guidance for applications for recognition and entry into the Temporary Recognition Regime
https://www.bankofengland.co.uk/-/media/boe/files/eu-withdrawal/practical-guidance-for-applications-for-recognition-and-entry-into-temporary-recognition-regime.pdf?la=en&hash=F5929716EC865A13C34A227BD3B5D6F7E473D13Fe -
Interim list of third-country CCPs that will offer clearing services and activities in the UK under the Temporary Recognition Regime (TRR) of the Central Counterparties (Amendments, etc., and
Letter to central securities depositories (CSDs) 25 October 2018
https://www.bankofengland.co.uk/letter/2018/letter-to-csds -
Follow-up letter to EU systems designated under the Settlement Finality Directive 6 November 2018
https://www.bankofengland.co.uk/letter/2018/follow-up-letter-to-eu-systems-designed-under-the-settlement-finality-directive -
Letter to EU systems designated under the Settlement Finality Directive 24 July 2018
https://www.bankofengland.co.uk/letter/2018/letter-to-eu-systems-designated-under-the-settlement-finality-directive -
The Bank of England’s approach to the authorisation and supervision of international banks, insurers and central counterparties 20 December 2017
https://www.bankofengland.co.uk/news/2017/december/approach-to-authorisation-and-supervision-of-international-banks-insurers-central-counterparties
UK Treasury & Government
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HM Treasury equivalence decisions for the EEA States – 9 November 2020
https://www.gov.uk/government/publications/hm-treasury-equivalence-decisions-for-the-eea-states-9-november-2020 -
2018 No. EXITING THE EUROPEAN UNION FINANCIAL SERVICES – The Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2018
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/750328/Over-the-Counter_Derivatives_Draft_SI.PDF -
Draft Central Securities Depositories (Amendment) (EU Exit) Regulations 2018: explanatory information
https://www.gov.uk/government/publications/draft-central-securities-depositories-amendment-eu-exit-regulations-2018/draft-central-securities-depositories-amendment-eu-exit-regulations-2018-explanatory-information -
Draft Financial Markets and Insolvency (Amendment and Transitional Provision) (EU Exit) Regulations 2018 31 October 2018
https://www.gov.uk/government/publications/draft-financial-markets-and-insolvency-amendment-and-transitional-provision-eu-exit-regulations-2018