Tag

Brexit Archives - Indus Valley Partners

How Brexit Impacts UCITS Reporting

By | Blog, Regulatory Reporting (Raptor) | No Comments
Since their introduction in 1985, reporting guidelines for Undertakings for the Collective Investment in Transferable Securities (UCITS) have undergone several reforms to support the European Securities and Markets Authority’s (ESMA) objective to create a common regulatory and enforcement culture for the EU. But the changes made as a result of Brexit are not only supervisory but operational and administrative.

Read More

How Brexit Affects AIFMD Reporting

By | Blog, Regulatory Reporting (Raptor) | No Comments
In a post-Brexit world, the UK now has third country status for the European Economic Area (EEA) and the passports rights held by UK firms in the EU for conducting financial activities are no longer valid. The same is true for EU firms holding passport rights in UK for similar activities. This has a direct impact on how firms are marketed under the AIFMD regime.

Read More

Brexit Update: TPR and TMPR for a post-transition period

By | Blog, Regulatory Reporting (Raptor) | No Comments
With the end of the Brexit transition period on December 31, 2020, EU law no longer applies in the UK. For many financial services businesses, this new reality will pose significant challenges. It will affect how funds are marketed by EU fund managers in the UK, who will lose all passporting rights. This means EEA-based firms can no longer passport into the UK and EEA-based investment funds can no longer be marketed under a passport in the UK.

Read More

How Brexit Affects EMIR Firms

By | Blog, Regulatory Reporting (Raptor) | No Comments
Now that Brexit is complete, EMIR firms registered in the EU need to comply with jurisdictional requirements established by the European Securities and Markets Authority (ESMA), while EMIR firms registered in the UK must comply with jurisdictional requirements established by individual trade repositories (TRs), which will provide trade, position, collateral, and valuation reports to the Financial Conduct Authority (FCA).

Read More