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The U.S. regulator and its U.K. counterparts recently announced a working legal framework to provide continuity for derivatives after Brexit.
As the United Kingdom faces the March 29 deadline for Brexit, the CFTC and the Bank of England along with the Prudential Regulation Authority (BoE), and the Financial Conduct Authority (FCA) are providing clarification on the regulatory framework governing derivatives processing and clearing between the U.K. and U.S. if and when the UK completes its...
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