Onshore: Difference between revisions
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* [[Offshore]] | * [[Offshore]] | ||
* [[Regulation]] | * [[Regulation]] | ||
* [[Retained EU law]] | |||
* [[Statutory instrument]] | * [[Statutory instrument]] | ||
* [[UK EMIR]] | * [[UK EMIR]] | ||
Revision as of 08:09, 26 March 2022
1. Currency assets - adjective.
The siting of a currency asset in the country of which the currency is the domestic currency.
Contrasted with 'offshore'.
2. Regulation & law - European Union - Brexit - verb.
To transfer the provisions of relevant EU regulations and law, into domestic regulation and law.
For example, the European Market Infrastructure Regulation (EMIR).
- Onshoring EMIR to the UK
- "The European Market Infrastructure Regulation (EMIR) has been onshored into UK legislation via a number of statutory instruments (SIs) and Binding Technical Standards (BTS).
- A list of UK EMIR onshoring legislation can be found on the UK EMIR library page...
- The onshored UK EMIR REFIT also brings into UK legislation amendments to UK EMIR that make the regime more proportionate for certain firms."
- UK EMIR - Financial Conduct Authority
- Onshored EMIR updated
- "[The Financial Services Act 2021] contains technical updates amending the onshored version of EMIR to improve access to clearing services, especially for smaller firms."
- Allen & Overy - 2021.
