On 30 April 2020, HM Treasury published a web page stating that at the end of the transitional period it would bring forward legislation similar to The Trade Repositories (Amendment and Transitional Provision) (EU Exit) Regulations 2018. Such legislation would help enable trade repositories to register with the FCA or apply in advance to operate in the UK immediately following the end of the transitional period, in relation to functions established by the UK Securities Financing Transactions Regulation. Further information on registration will follow from the FCA in due course