Onshore

From ACT Wiki
Revision as of 03:19, 25 June 2021 by imported>Doug Williamson (Add definition. Source: Linked pages)
Jump to navigationJump to search

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).


UK 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.


See also