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.
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