LNB News 02/12/2024
Document Information
Issue Date: 02 December 2024
Published Date: 02 December 2024
Jurisdiction(s): England, Northern Ireland, Scotland and Wales
The Financial Conduct Authority (FCA) has published an updated direction modifying the UK's derivatives trading obligation (DTO). It is effective from 31 December 2024. The direction will continue to allow firms subject to the UK DTO, trading with, or on behalf of, EU clients subject to the EU DTO, to transact or execute those trades on EU venues, providing they meet certain conditions. The direction is accompanied by an explanatory note.
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