Three key dates for the clearing of derivatives in the post-Brexit world are coming up in June next year, which market participants say could be a recipe for disaster
Market feedback on HMT’s call for input on the regime is still being reviewed, but sources maintain that tax changes will be central to any meaningful reform
The regulator will use tools to ensure the orderly functioning of markets, financial stability and investor protection, though sources pointed to a lack of measures for digital assets
The new regime aims to separate prudential requirements for banks and investment firms, but market participants denounce excessive complexity and a ‘copy-and-pasting’ of CRR/CRD rules
