Legal News

FCA provides information on process for existing intra-group margin exemptions under EMIR

Published on: 30 October 2020
Published by LNB News

LNB News 30/10/2020

Document Information

Issue Date: 30 October 2020

Published Date: 30 October 2020

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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).

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