UK and EU seek to quell post-Brexit derivatives hiatus fears, but race is on

By Dan Alderson

The UK has ramped up efforts to avoid a cliff edge and minimise hiatus risk for over-the-counter derivatives after Brexit, with the UK Treasury publishing draft regulations to amend onshored European Market Infrastructure Regulation. But, with the 30 March exit looming large, lawyers warn that transitional uncertainty will continue to rattle the market until the plans find European Union accord

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TAGS: Europe Synthetic/SRT