Law360, London (October 28, 2020, 11:48 AM GMT) — Europe’s markets watchdog has said that Britain’s trading venues qualify for relief from onerous reporting rules after the Brexit regulatory transition period ends, a decision that will encourage the bloc’s investment banks to continue dealing in derivatives in the U.K.
The European Securities and Markets Authority said on Tuesday that financial exchanges established in Britain, such as Bloomberg Trading and TP ICAP, meet a set of criteria, which means they will not be required from the start of January to publicly disclose transactions completed through them.
The bloc’s Markets in Financial Instruments Regulation, known as MiFIR, means that transactions concluded by EU investment…
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!