Trading equivalence judgments uncertain

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By Jasper Cox
14 Dec 2020

The lack of clarity over whether the UK and the EU will clinch a trade deal before the end of the year also makes it harder for those in financial markets to know whether equivalence decisions will be granted for the trading obligations for derivatives (DTO) and shares (STO).

Ahead of the December 31 expiration of the Brexit transition period, the negotiations between the two sides over the trade agreement is what is sucking up most of the attention. However, if such a deal is made, it is thought to be unlikely to deliver much for financial ...

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