31-Dec-2020 BREXIT Done
End of UK-EU transition period. Amazing really.
End of UK-EU transition period. Amazing really.
The Financial Stability Board (FSB) recommends that regulators implement the CPMI-IOSCO Unique Transaction Identifier (UTI) Technical Guidance to take effect no later than December 31, 2020.
Application of the mandatory systematic internaliser (SI) regime for derivatives under MiFID II / MiFIR, i.e. pre-trade transparency requirements and supply of the Financial Instruments Reference Data System (FIRDS) on derivatives subject to the mandatory SI regime based on ESMA calculations (to be published on of August 1, 2020).
1st Sept 2020 Initial margin pushed out 12 months to Sept-2021. Initial margin requirements apply under US PR, US CFTC, EU, Japanese, Hong Kong (HKMA & SFC) and Korean margin rules to Phase 5 entities