Joint Statement
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Joint trade associations letter requesting DTO equivalence
BRUSSELS – December 10, The EBF and seven other trades associations (the Association for Financial Markets in Europe, the Alternative Investment Management Association, the International Swaps and Derivatives Association, Electronic Debt Markets Association Europe, the European Venues and Intermediaries’ Association, FIA and the asset management group of the Securities Industry and Financial Markets Association) sent a letter requesting that the European Commission recognize the equivalence of UK trading venues for the purposes of the derivatives trading obligation before the end of the Brexit transition period. Otherwise, the long-term consequences for use of market infrastructure are uncertain.
Contact:
Jacopo Borgognone, Policy Adviser, Financing Growth j.borgognone@ebf.eu