Onshore: Difference between revisions
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1. ''Currency assets - adjective.'' | |||
The siting of a currency asset in the country of which the currency is the domestic currency. | The siting of a currency asset in the country of which the currency is the domestic currency. | ||
Contrasted with 'offshore'. | 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). | |||
:<span style="color:#4B0082">'''''Onshoring EMIR to the UK'''''</span> | |||
:"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'' | |||
:<span style="color:#4B0082">'''''Onshored EMIR updated'''''</span> | |||
:"[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 == | == See also == | ||
* [[Binding Technical Standard]] | |||
* [[Brexit]] | |||
* [[Clearing]] | |||
* [[European Union]] | |||
* [[Financial Conduct Authority]] | |||
* [[Financial Services Act 2021]] | |||
* [[Law]] | |||
* [[Legislation]] | |||
* [[Offshore]] | * [[Offshore]] | ||
* [[Regulation]] | |||
* [[Reshore]] | |||
* [[Retained EU law]] | |||
* [[Statutory instrument]] | |||
* [[UK EMIR]] | |||
* [[UK EMIR REFIT]] | |||
* [[UK Securities Financing Transactions Regulation]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Latest revision as of 15:43, 14 June 2023
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.
