UK prepares derivative regs for no-deal Brexit

By Dan Alderson

The UK Treasury is seeking to amend onshored European Market Infrastructure Regulation (EMIR) legislation as it battles to avoid the risk that the country will leave the European Union without an effective regulatory framework for over-the-counter derivatives, central clearing counterparties and trade repositories in the event of a no-deal Brexit

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TAGS: CDS Europe Regulation Synthetic/SRT