UK EMIR Updates Announced

May 2, 2023

On 24 February 2023, the FCA & The Bank of England published the following documents in relation to changes to the derivatives reporting framework under UK EMIR;

1) A Policy Statement (PS 23/2)
2) Technical Standards
3) New rules for Trade Repositories (TRs)

The new regulation will go live on 30th Sep 2024 (i.e. 5 months after the EU EMIR reporting update).

Control Now will be completing a deep dive session on this regulatory change in the months to come, register your interest here and we will keep you updated.

Control Now Ltd (2017), is a provider of Transaction Reporting software tools to empower market participants to perform oversight of their Regulatory Reporting Processes. Control Now Ltd accepts no liability for any loss or damage caused by use of or reliance on this information or any other information published by Control Now Ltd. Recipients of this information must perform their own due diligence to confirm the information is accurate and relevant for their business scenario. Control Now Ltd reserves its right to re-publish the information.