Brexit and the Share and Derivatives Trading Obligations - Still at Square One!

The European Commission is in the process of reviewing – and where necessary updating – the over 100 sector-specific stakeholder preparedness notices it published during the Article 50 negotiations with the United Kingdom (here). These include its notices relating to banking and payment services, markets in financial instruments, post-trade financial services, credit rating agencies and asset management (the "Notices"). The share and derivatives trading obligations are considered in the notices on markets in financial instruments (the “MIFID Notice”).

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