UK EMIR: Are you Brexit ready?
Are you Brexit ready?
REGIS-TR UK is fully operational and ready to meet your UK EMIR reporting needs.
Points to note:
- All UK account openings must be complete by 11 December 2020 to guarantee that the onboarding process is finalised in time for Brexit. If you have not already opened an account with REGIS-TR UK, it is important that you do so without further delay. Contact your Relationship Manager or email us at email@example.com
- All existing clients must inform REGIS-TR of any changes to accounts or users by the same date of 11 December 2020. In the absence of any communicated changes, REGIS-TR will assume the account details remain as they are, and clients will be charged accordingly from 1 January 2021.
- In order to facilitate the transfer of open trades to REGIS-TR UK, all clients will be required to submit a Data Transfer Request which will be provided in due course and should be returned no later than 11 December 2020. Please note that REGIS-TR will be automatically breaking the delegation for all clients on 31 December 2020, where data transfer is required.
- Before the Reporting Start Date, REGIS-TR will issue an updated technical guide along with a communication containing any new information regarding the migration process and technical details.
As always, the team at REGIS-TR are ready to provide full support in the run-up to Brexit. Pay attention to incoming communications with support and instructions, and do not hesitate to reach out to your dedicated Relationship Manager should you have further queries.