ESMA updates statements on the impact of Brexit on MiFID II/MiFIR and the Benchmarks Regulation
02 October 2020
Updates to: The Impact of Brexit on MiFID II/MiFIR, The Impact of Brexit on the BMR
The
European Securities and Markets Authority (ESMA), the EU’s securities
markets regulator, has updated two statements on its approach to the
application of key provisions of MiFID II/MiFIR and the Benchmark
Regulation (BMR).
Today’s statements update previous ones issued in March 2019 and October 2019
reflecting ESMA’s approach, should the UK have left the EU under a
no-deal Brexit. However, as the Withdrawal Agreement entered into force
on 1 February 2020, and the UK entered a transition period that will end
on 31 December 2020, these statements needed to be revised.
© ESMA
