After Brexit, is it Time for BREMIR?
Posted: Sat Jun 25, 2016 8:29 pm
A few UK clients have asked me in recent months whether, in the event of Brexit, they could forget about the reporting requirements of MiFID and EMIR and live in unregulated bliss. The answer of course was no, and now that the Leave side has prevailed in the UK referendum, it is worth a more serious review of likely reporting requirements in the future (with apologies to non-UK readers whose obligations will of course be unchanged).
The first thing to consider is that the formal conclusion of exit negotiations is likely to take at least two years and all EU rules ... (read more)