Brexit

News Feed

28 Feb 2019 — Financial Conduct Authority Feed

The Financial Conduct Authority (FCA) has published near-final rules and guidance that will apply in the event the UK leaves the EU without an implementation period.  As most of the changes proposed will be made under powers given to the FCA under the EU (Withdrawal) Act, they are subject to approval by the Treasury. 

27 Feb 2019 — JDX Consulting Feed

27 FEBRUARY 2019
BY MICHAEL ROBERTSON

With little over a month until the UK is scheduled to leave the European Union, JDX continues to monitor some of the key challenges which could impact financial services companies in the event of a ‘no-deal’ Brexit.

Many firms will have assessed their readiness for Brexit on the basis of having a transitionary period after 29 March, but we now have to strongly consider a cliff-edge outcome where the UK effectively crashes out of the EU with no formal agreements in place around key areas such as financial services.

30 Nov 2018 — Chris Niccolls Feed

22 Nov 2018 — RegTek.Solutions Feed

Brexit adds to the burden

Aka – Not another bloody Brexit article

Aka – A look at the Consultation Paper on changes to the FCA handbook

25 Oct 2018 — The Bank of England Feed

Consultation Paper 26/18

25 Oct 2018 — The Bank of England Feed

Letter to CEOs of PRA-regulated firms from Sam Woods (PRA CEO and Deputy Governor for Prudential Regulation)

09 Oct 2018 — ISDA Feed

ISDA, the Association of German Banks (Bundesverband deutscher Banken), the Italian Financial Markets Intermediaries Association (Associazione Intermediari Mercati Finanziari), the Banking and Payments Federation Ireland (BPFI), the Danish Securities Dealers Association (Børsmæglerforening Danmark), the Dutch Banking Association (Nederlandse Vereniging van Banken) and the Swedish Securities Dealers Association (Svenska Fondhandlareföreningen) have jointly published a paper that warns of the disruptive impact of a ‘hard’ Brexit on derivatives markets.

30 Sep 2018 — Financial Times | Clearing and Settlement Feed

Rising concern among executives about access to clearing houses after Brexit


Bill: Epic consequences for UK CCPs in late November or early December if there is no Brexit deal enabling clearing into the UK. Worth a read.

24 Aug 2018 — JDX Consulting Feed

24 AUGUST 2018
BY LUCA MATTINSON

12 Jun 2018 — Financial Times | Clearing and Settlement Feed

Without giving away the story in the FT - it seems that the Eurex scheme to provide incentives to clear Swaps in Frankfurt is beginning to bear fruit. Subscription needed, follow the link below.

Shift gives Germany’s Deutsche Börse larger foothold in the euro clearing market

10 Apr 2018 — ISDA Feed

These FAQs address the possible UK position post-Brexit, i.e. after the conclusion of the exit process under Article 50 of the Lisbon Treaty.

08 Jan 2018 — ISDA Feed

It’s one of the more complex, technical issues related to Brexit, but it’s one that has focused the minds of derivatives professionals since the 2016 referendum result: what does the UK’s exit from the European Union (EU) mean for use of the English law ISDA Master Agreement?