
FCA statement on the reporting of derivatives under the UK EMIR regime in a no-deal scenario
In 2019, the Financial Conduct Authority (FCA) issued a comprehensive statement detailing the reporting requirements for derivatives under the UK EMIR regime in the event of a no-deal Brexit. This guidance was essential because, upon leaving the EU, the UK transitioned from the EU EMIR framework to a domestic "UK EMIR" version.
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