“In the interest of stable markets and business continuity it is paramount for us that we meet our UK clients’ needs and ensure a smooth transition for all of our clients. To that end, we will provide close guidance, and will make sure clients can meet their testing requirements. That’s why we decided in a timely manner, well before the UK leaves the European Union, to set up a trade repository in the UK. Working across multiple jurisdictions is familiar territory for us, because REGIS-TR is the only trade repository with approval for both the European Market Infrastructure Regulation (EMIR) and the Swiss markets regulation FinfraG,” said Elena Carnicero, CEO, REGIS-TR.

The UK trade repository is expected to be operational in the coming weeks pending approval by the national regulator. Trade repositories already based in London need to establish a TR in EU 27 to continue to service their EU clients, post-BREXIT, subject to approval from the European Securities and Markets Authority (ESMA).


About REGIS-TR

REGIS-TR is the leading European trade repository offering reporting services covering all the major European trade repository obligations. In accordance with legislation promoting market transparency, the detail of the trades reported is aggregated to present a composite view of current positions for the benefit of regulatory authorities and market participants. REGIS-TR is open to financial and non-financial companies and institutions.

www.regis-tr.com