Tuesday 16 May 2017 // Etc Venues Monument // 8 Eastcheap // London // EC3M 1AE
As the UK prepares to invoke Article 50 and start the two-year countdown to Brexit, the questions about the effect of the UK’s withdrawal from the European Union continue to grow. FIA’s event, 'Brexit in a Day', will highlight the key areas of concern for listed and cleared derivatives including the impact on market infrastructures, participants and users, both in the UK and in the EU. Here are some of the topics this one-day event will cover:
What does Brexit mean for equivalence – will the UK become a third country with the same requirements as other non-EU jurisdictions? What does this mean for exchanges and CCPs which have already been approved by European regulators such as ESMA? Should EMIR and MiFID II govern equivalence determinations regarding the UK or is a bespoke arrangement more appropriate?
What are the core issues regarding clearing of euro-denominated products?
What will the impact be on EU firms trading with UK counterparties and how can disruption be minimised?
How will FCA seek to replicate existing European regulations to facilitate a smooth transition?
What are the consequences for UK law?
What changes may be required in client documentation?