Weekly highlights—10 January 2019

Weekly highlights—10 January 2019

Brexit

 

Commission Decision determining equivalence of UK regulatory framework for central securities depositaries published in Official Journal

Commission Implementing Decision (EU) 2018/2030 of 19 December 2018 determining, for a limited period of time, that the regulatory framework applicable to central securities depositories (CSDs) of the United Kingdom of Great Britain and Northern Ireland is equivalent in accordance with the Central Securities Depositaries Regulation (EU) No 909/2014 (CSDR) of the European Parliament and of the Council published in the Official Journal. Pursuant to the Decision, the regulatory framework applicable to UK CSDs will be considered equivalent under the CSDR for two years following the UK’s withdrawal from the EU.

Commission Decision determining equivalence of UK regulatory framework for central counterparties under EMIR published in Official Journal

Commission Implementing Decision (EU) 2018/2031 of 19 December 2018 determining, for a limited period of time, that the regulatory framework applicable to central counterparties (CCPs) in the United Kingdom of Great Britain and Northern Ireland is equivalent, in accordance with the European Market Infrastructure Regulation (EU) No 648/2012 (EMIR) of the European Parliament and of the Council was published in the Official Journal. Pursuant to the Decision, the regulatory framework applicable to UK CCPs will be considered equivalent under EMIR for one year following the UK’s withdrawal from the EU.

Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018

SI 2018/1403: This enactment is made in exercise of legislative powers under the European Communities Act 1972 and the European Union (Withdrawal) Act 2018 in preparation for Brexit. This enactment amends key pieces of UK domestic law and EU tertiary legislation in relation to markets in financial instruments arising from the withdrawal of the UK from the EU, to ensure that the legislation continues to operate effectively at the

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