ESMA withdraws the registrations of four UK-based trade repositories
Following the UK’s exit from the EU ESMA has retracted the registrations of six credit rating agencies and four trade repositories.
Following the UK’s exit from the EU ESMA has retracted the registrations of six credit rating agencies and four trade repositories.
DTCC gained approval back in 2013, along with counterparts Regis-TR, UnaVista, CME and ICE.
REGIS-TR is awaiting regulatory approval to establish a trade repository in the UK to continue serving clients post-Brexit.
Amundi also raised concerns about potential conflicts of interest created from the trade repository fee scheme.