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People and MarketsRegulation

First test of Brexit divergence could be failed trade rule

Brexit_PA_575x375_6Feb2020

A first sign of whether the UK will choose to diverge from EU financial regulation after Brexit could come when mandatory buy-in rules enter into force. This is because the European Securities and Markets Authority (ESMA) has proposed postponing the rules that govern what happens when a securities trade fails until February 2021, after the Brexit transition period ends.

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