The exit of Britain from the EU

LCH and UK CCPs Swerve a No-Deal Disaster (For Now)

Relieved CCP Man

LCH faced with issuing a 'notice of retirement' for its UK clearing services will benefit from the European Commission granting a temporary equivalence status to UK CCPs.

How The Brexit Stole Thanksgiving!

Brexit adds to the burden

Brexit adds to the burden

Aka – Not another bloody Brexit article

Aka – A look at the Consultation Paper on changes to the FCA handbook

UK withdrawal from the EU: Changes to PRA Rulebook and onshored Binding Technical Standards

Consultation Paper 26/18

Update to firms on the Bank’s regulatory approach, and firm preparations, for EU withdrawal

Letter to CEOs of PRA-regulated firms from Sam Woods (PRA CEO and Deputy Governor for Prudential Regulation)

Industry Groups Set Out Impact of Hard Brexit on Derivatives

ISDA, the Association of German Banks (Bundesverband deutscher Banken), the Italian Financial Markets Intermediaries Association (Associazione Intermediari Mercati Finanziari), the Banking and Payments Federation Ireland (BPFI), the Danish Securities Dealers Association (Børsmæglerforening Danmark), the Dutch Banking Association (Nederlandse Vereniging van Banken) and the Swedish Securities Dealers Association (Svenska Fondhandlareföreningen) have jointly published a paper that warns of the disruptive impact of a ‘hard’ Brexit on derivatives markets.

European banks mull leaving UK derivatives market | CCP Notice to Close Out Coming?

Rising concern among executives about access to clearing houses after Brexit

Bill: Epic consequences for UK CCPs in late November or early December if there is no Brexit deal enabling clearing into the UK. Worth a read.

Brexit white paper and what it means for financial services

24 AUGUST 2018

Two big UK banks shift some euro clearing from London to Frankfurt

Without giving away the story in the FT - it seems that the Eurex scheme to provide incentives to clear Swaps in Frankfurt is beginning to bear fruit. Subscription needed, follow the link below.

Shift gives Germany’s Deutsche Börse larger foothold in the euro clearing market

ISDA Brexit FAQs

These FAQs address the possible UK position post-Brexit, i.e. after the conclusion of the exit process under Article 50 of the Lisbon Treaty.