UK will have a limited exemption from the clearing obligation to facilitate novations.
UK will have a limited exemption from the clearing obligation to facilitate novations.
BrokerTec is also working on an SFTR product.
Reciprocal equivalence decisions on UK and EU regimes are needed as early as possible.
Deutsche Börse is also looking for acquisitions.
The market maker has applied to be authorised as an investment firm and SI.
The UK regulator urged the engagement of EU counterparts to put MoUs in place.
Pending UK legislation will allow overseas CCPs and CSDs to operate in the UK after Brexit.
The scheme will cover repo and OTC foreign exchange from next year.
Brexit requires UK asset managers to look beyond Europe.
