1. Public Policy
  2. Europe
  3. The Impact of a Cliff-edge Brexit on OTC Derivatives

The Impact of a Cliff-edge Brexit on OTC Derivatives

Public Policy
Europe July 31, 2020
< 1  min.read

ISDA, the Italian Financial Markets Intermediaries Association (Associazione Intermediari Mercati Finanziari, or ASSOSIM), the Danish Securities Dealers Association (Børsmæglerforening Danmark), the European Banking Federation and the Swedish Securities Dealers Association (Svenska Fondhandlareföreningen) have published a paper in response to concerns about the impact on EU and UK firms and their EU and UK clients resulting from the end of Brexit transition period in December.

The paper sets out other reasons why the end of the transition period has the potential to create a disruptive ‘cliff-edge’ change in the EU regulatory requirements that apply to the over-the-counter derivatives business in a way that may adversely affect EU or UK firms and their EU and UK clients and counterparties.

Click on the attached PDF to read the full paper.

Tags:

Documents (1) for The Impact of a Cliff-edge Brexit on OTC Derivatives

Latest

2026 FX Definitions: Act Now

On November 22, 2027, the 2026 FX Definitions will come into effect. From that point, these definitions will become the market standard for all cleared and new non-cleared FX derivatives, and the Swift messaging service will halt its support of...