Sector Regulation Sector Regulation

Financial groups call for Brexit relief extension for derivatives-contract transfers

By Fiona Maxwell
  • 28 Aug 2020 07:41
  • 28 Aug 2020 07:41
Two influential financial industry groups have urged Brussels to extend the relief granted to certain derivatives contracts that need to be changed because of the UK's withdrawal from the EU.

UK firms using derivatives that need to transfer contracts were granted a temporary post-Brexit exemption from EU requirements to clear derivatives or to

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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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