The European Securities and Markets Authority (ESMA) is issuing this statement in relation to the impact on ESMA’s databases of a no-deal Brexit with the United Kingdom (UK) leaving the European Union (EU) on 29 March 2019 at 0000 CET/2300 GMT without a withdrawal agreement. In consequence, the UK Financial Conduct Authority (FCA) will stop sending data to ESMA and will no longer have access to ESMA’s IT applications and databases. Starting from 30 March 2019 no new UK-related data will be received and processed by ESMA nor published on the ESMA website.
This statement informs stakeholders on ESMA’s approach to all ESMA IT applications and databases in case of a no-deal scenario and focuses in particular on the MiFID II/MiFIR transparency calculations performed by the various ESMA databases (Financial Instruments Reference Database (FIRDS), (Financial Instruments Transparency System (FITRS), double volume cap mechanism data (DVC system)) as well as the annual ancillary activity
…