The Impact of a No-Deal Brexit on the Cleared Derivatives Industry | FIA Analysis
The purpose of the white paper is to promote a better understanding of the impact of Brexit on cleared derivatives in the event that no agreement is reached between the UK and EU27 prior to 29 March 2019. The paper also considers ways in which policymakers and participants in the cleared derivatives industry could seek to mitigate the impacts of a no-deal scenario during a transition period.
FIA President and CEO Walt Lukken said: “Although FIA members continue to execute their Brexit contingency plans, there are key steps that can immediately be taken by policymakers and regulators, as well as market participants, in order to minimise disruption, avoid fragmentation and maintain access to global markets.”
Full article on the FIA website here: https://fia.org/articles/fia-publishes-white-paper-impact-no-deal-brexit-cleared-derivatives-industry with their PDF attached at the bottom.