Regulatory divergence

Category: Regulation


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Brexit complicates ESMA RTS compliance

The controversy surrounding the application of the EU’s regulatory technical standards (RTS) to securitisation disclosure requirements persists, while the UK’s imminent departure from EU regulations and consequent potential divergence from the bloc’s rules further complicates the situation.

The RTS was published in the official journal of the EU earlier this month and will enter into force on 23 September 2020.

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