United Kingdom (and EU regulation)

FCA technical communication on operation of UK MiFIR transparency regime following no-deal Brexit

By Simon Lovegrove (UK) on March 20, 2019 Posted in Brexit, United Kingdom

On 19 March 2019, the FCA published a technical communication on the operation of the MiFIR transparency regime post-Brexit, sitting alongside its supervisory statement on the same topic (our blog on this is here). The technical communication sets out technical details on:

the contents of the FCA Financial Instrument Transparency System which is due to go live on 1 April 2019 in the event of a no deal on 29 March 2019;
the file format and search capability for FCA Financial Instrument Transparency System; and
the daily delta file timing for FCA Financial Instrument Transparency System and the FCA’s approach to missing data.