Use of UK data in ESMA databases and performance of MiFID II calculations following the end of the UK transition period on 31 December 2020
The European Securities and Markets Authority (ESMA) is issuing this public statement to inform the public of ESMA’s approach for the various ESMA databases and IT-systems, including the transparency calculations, after the end of the UK transition period on 31 December 2020.
This statement builds on earlier statements on the publication of databases and IT-systems published on 5 February 2019, including the update on 28 March 2019, and on 7 October 2019 informing the public of ESMA’s approach for the various databases and IT-systems in case of a no deal Brexit.
With the end of the transition period on 31 December 2020, 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, as EU law will no longer apply to, and in the UK. Starting from 1…