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Kirston Winters MD, MarkitSERV at IHS Markit

2021: Brexit, no equivalence and the day of the SEF

The transitional period ended on 31 December with no relief for European Union (EU) firms on the derivatives trading obligation (DTO) from the European Commission (EC) and only limited adjustments from the United Kingdom (UK). This left many firms with conflicting and incompatible DTOs in the EU and the UK without equivalence (albeit based on iden...

21 January 2021 /regulation /wholesale MiFID