Five major asscociations have published a paper in response to concerns about the impact on EU and UK firms and their EU and UK clients resulting from the end of Brexit transition period in December.
ISDA, the Italian Financial Markets Intermediaries Association (Associazione Intermediari Mercati Finanziari, or ASSOSIM), the Danish Securities Dealers Association (Børsmæglerforening Danmark), the European Banking Federation and the Swedish Securities Dealers Association (Svenska Fondhandlareföreningen) have published a paper in response to concerns about the impact on EU and UK firms and their EU and UK clients resulting from the end of Brexit transition period in December.
The
paper sets out other reasons why the end of the transition period has
the potential to create a disruptive ‘cliff-edge’ change in the EU
regulatory requirements that apply to the over-the-counter derivatives
business in a way that may adversely affect EU or UK firms and their EU
and UK clients and counterparties.
Click on the PDF below to read the full paper.
for The Impact of a Cliff-edge Brexit on OTC Derivatives
Brexit Cliff-edge Issues(pdf)
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ISDA
© ISDA - International Swaps and Derivatives Association
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