On 9 November 2020, the FCA issued its response to the HM Treasury announcement of its intention to take equivalence decisions in respect of the EEA states across a number of financial services areas.

The FCA’s response provides further information for firms on those equivalence decisions where the FCA is the lead regulator being:

• EMIR (Article 13) – Intragroup transactions exemption.
• EMIR (Article 2A) – Regulated markets.
• Short Selling Regulation (SSR) (Article 17) – Market making exemption.
• Credit Rating Agencies Regulation (CRAR) (Article 5) – Certification.
• Benchmarks Regulation (BMR) (Article 30).