ESMA is ready to review UK CCPs’ and CSDs’ recognition ... To ensure continued access to UK CCPs for EU clearing members and trading venues, ESMA aims to adopt the recognition decisions well ahead Brexit date. Similarly to the equivalence decision, they will take effect on the date following Brexit date, under a no-deal Brexit scenario. Recognition of the UK CSD ESMA welcomes no-deal Brexit central clearing equivalence ... Nov 23, 2018 · The European Commission has said it will adopt temporary equivalence to ensure no disruption to central clearing in the case of no-deal Brexit. “The aim is to ensure continued access to UK CCPs for EU clearing members and trading venues as of 30 March 2019, should all the conditions in EMIR, including any conditions set out in the
Contracts traded on third country venues FINAL 22 Feb 2017 clear in MiFID II that if a contract is traded on a “trading venue”, it cannot be an OTC contract. Equally, for the reasons set out above, if the contract is traded on a third country venue, it cannot be traded on a “trading venue”. In our view, and following the treatment of “trading venue” contracts, contracts traded on a …
5 Sep 2019 MiFIR provides that shares and derivatives for which liquidity is sufficient, should be traded on venues located either in the EU, or in “equivalent”
IBA - Brexit: Swiss case shows UK-EU equivalence not ... Sep 25, 2019 · In the event of Brexit, the UK would need to pursue an equivalence relationship for the City of London with the EU. The EU-Swiss dispute was a result of the failure to agree on a framework agreement by the EU’s deadline. Switzerland retaliated by barring the trading of Swiss-listed companies’ shares on EU platforms. Industry Groups Lobby The European Commission On UK ... Mar 13, 2019 · Noting that UK trading venues will meet the criteria for equivalence under EMIR and MiFIR, the industry groups urge the EC to adopt an equivalence decision either in time for exit day or as rapidly as possible thereafter. The content of this article is intended to provide a … The London Stock Exchange is thriving despite Brexit
Joint Trade Associations Letter on the Equivalence of UK Trading Venues. Tags: Brexit, European Commission. March 1, 2019. On February 28, ISDA sent a 25 Sep 2019 This means EU investment firms can trade shares on Swiss trading venues only if the European Commission recognises the equivalence of the 26 Mar 2019 Under MiFID II/MiFIR, European firms may only undertake trading of EU-traded shares on European venues or third country venues that have traders to trade shares of a company listed in any of the EU member countries on a stock market within the EU or an equivalent third country trading venue. 10 Jun 2019 However to date, the EU Commission has not issued an equivalence decision on UK trading venues. This means that after exit day investment