On July 14, the European Commission (the Commission) adopted several implementing and delegated acts relating to central counterparties (CCPs) established in third countries (TCs) under the so-called “EMIR 2.2” revisions to the European Market Infrastructure Regulation (the Delegated Acts).
Continue Reading European Commission Adopts EMIR 2.2 Provisional Delegated Acts

On July 14, the European Commission (the Commission) published an updated version of its notice to stakeholders on the consequences of the United Kingdom’s (UK) withdrawal from the European Union (EU) (Brexit) on the EU’s rules in the field of post-trade financial services (the Notice).
Continue Reading European Commission Publishes Updated Brexit Notice to Stakeholders on Post-Trade

On June 19, Delegated Regulation (EU) 2020/855 (the Delegated Regulation) was published in the Official Journal of the EU. The Delegated Regulation amends the list of high-risk third countries with strategic anti-money laundering (AML) and counter-terrorist financing (CTF) deficiencies produced under the Fourth Money Laundering Directive (MLD4).
Continue Reading AML: Delegated Regulation on High-Risk Third Countries under MLD4 Published in the Official Journal of the EU

On July 9, the European Securities and Markets Authority (ESMA) published a consultation (the Consultation) regarding draft guidelines (the Guidelines) on the calculation of positions by trade repositories (TRs) under the Securities Financing Transactions Regulation (SFTR).
Continue Reading ESMA Consults on Guidelines for Calculating Positions under SFTR

On July 9, the European Commission (the Commission) published a communication to help national authorities, businesses and citizens prepare for the changes that will arise at the end of the Brexit transition period on December 31 (the Communication).
Continue Reading European Commission Publishes Communication on the Post-Brexit Transition Period

Katten hosts a weekly, 15-minute fireside chat podcast series on notable UK and European developments from the prior week’s Corporate & Financial Weekly Digest. This week, Neil Robson, Nathaniel Lalone and Carolyn Jackson explain the implications of a number of recent UK Government announcements regarding its proposals to make certain financial services regulatory