Article summary
The Financial Conduct Authority (FCA) has updated its EMIR webpage to provide information on the process for existing intra-group exemptions from margin between UK and third-country group entities. The FCA has also issued requirements and directions under Regulations 8(4) and (7) of the Financial Services and Markets Act 2000 (Over the Counter Derivatives, etc) Regulations 2013, SI 2013/504 (the requirements and directions).
To continue reading this news article, as well as thousands of others like it, sign in with LexisNexis or register for a free trial