Banking & Finance news—Brexit toolkit
Banking & Finance news—Brexit toolkit

The following Banking & Finance guidance note provides comprehensive and up to date legal information covering:

  • Banking & Finance news—Brexit toolkit
  • Banking & Finance Brexit News

Banking & Finance Brexit News

Banking & Finance has published news on a range of issues concerning the implications of Brexit, as set out in the table below.

Date News / News Analysis Brief description of News / News Analysis
7 October 2019 ESMA updates database and calculations planning for possible No deal Brexit—LNB News 07/10/2019 66 The European Securities and Markets Authority (ESMA) has updated its measures and guidance on the possibility of a No deal Brexit scenario on 31 October 2019.
4 October 2019 ISDA CEO highlights dangers of separate EU and UK derivatives trading obligations post-Brexit—LNB News 04/10/2019 38 The International Swaps and Derivatives Association (ISDA) has published an article by its chief executive officer, Scott O'Malia, on the risks of a disruption in trading activity and split in liquidity if the UK leaves the EU without a deal and no equivalence determinations are made in relation to the derivatives trading obligation (DTO) under MiFIR and UK onshored legislation. O’Malia says that close regulatory co-ordination and a pragmatic, timely and predictable approach to cross-border trading has the potential to address or at least partially mitigate these risks.
3 October 2019 How would the securitisation market react to a No deal Brexit? Jeremiah Wagner, partner at Latham &