ESMA Preparations for a No-Deal Brexit
Published 15 October 2019
Category: Financial Regulation
On 7 October 2019, ESMA issued updated statements in relation to its approach to the application of some key MiFID/MiFIR II provisions in case of a no deal Brexit and in terms of its use of UK data and MiFID II calculations.
Look further into the updated approach here.
Next step: The final timing and conditions of Brexit are still uncertain, and we will keep a close eye on whether ESMA will adjust the approach announced on 7 October 2019.
Tags: Brexit
Other updates
European Parliament approves provisional agreement on the Omnibus package
The Omnibus I simplification package introduces amendments to the Corporate Sustainability Due Diligence Directive (“CSDDD”) and the Corporate Sustainability Reporting Directive (“CSRD”).
CSDDDCSRDSustainabilityThe Danish FSA publishes observations on sustainability reports
The Danish Financial Supervisory Authority (the “Danish FSA”) published a report evaluating the sustainability reports of 21 financial companies in connection with their annual reports for 2024.
CSRDSustainabilityThe Danish FSAEU political agreement on strengthened FDI screening framework
The initiative forms part of the EU’s wider economic security agenda and seeks to reduce fragmentation between national screening regimes while strengthening the protection of security and public order.
Cross-BorderDanish RegulationIPEV publishes 2025 Valuation Guidelines
The IPEV Board has published the 2025 edition of the International Private Equity and Venture Capital Valuation Guidelines, which supersede the 2022 edition.
ValuationThe Danish FSA has aligned its practices with the ESMA guidelines on funds’ names
The Danish FSA has announced that it will adjust its supervisory practices on fund names to align with European guidelines.
SustainabilityThe Danish FSAThe Danish Financial Supervisory Authority has published a new Q&A about the inclusion of leverage in the calculation of assets under management
The Q&A is issued to address uncertainties regarding the inclusion of leverage.
AIFMDDanish RegulationESMAThe Danish FSA