BREXIT -

FCA’s instructions on use of its Financial Instruments Transparency System -

On 10 October, the FCA published instructions on its Financial Instruments Transparency System (FITRS).

The system has been built to replace ESMA's equivalent system as part of the FCA’s Brexit planning. The instructions provide: (i) details on the files containing UK-only transparency calculation results that the FCA

will publish; and (ii) instructions on how to access these files. The instructions will be relevant to market participants that need to make use of the UK transparency calculation results in compliance with UK MiFIR.