Onshore

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

• Brexit
• Clearing
• European Union
• Law
• Offshore
• Regulation
• UK EMIR