Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Brexit definition

What does Brexit mean? Brexit is the practical shorthand in legal drafting and advice for the United Kingdom’s withdrawal from the European Union and the legal, regulatory and trading changes flowing from it. It covers the UK’s cessation of EU membership on exit day (31 January 2020) and the cessation of the EEA Agreement’s application, the end of the implementation/transition period on IP completion day (31 December 2020), and the commencement, expiry or variation of post‑withdrawal trading and regulatory arrangements, including the UK‑EU Trade and Cooperation Agreement, the Windsor Framework (amending the Northern Ireland Protocol), and UK agreements with third countries...

Post-Brexit UK EMIR: onshored regime, equivalence, CCP/TR recognition, binding technical standards and temporary transitional powers—quick guide

Published by a LexisNexis Financial Services expert

Practice notes

This quick guide details current UK legislation and retained EU legislation that has been amended and/or revoked by:

the Over the Counter derivatives, Central Counterparties and Trade Repositories (Amendment, etc, and Transitional Provision) (EU Exit) Regulations 2019 SI 2019/335 (the OTC SI)
the Central Counterparties (Amendment, etc, and Transitional Provision) (EU Exit) Regulations 2018 SI 2018/1184 (the CCP SI)
the Trade Repositories (Amendment and Transitional Provision) (EU Exit) Regulations 2018 SI 2018/1318 (the TR SI)
the Investment Exchanges, Clearing Houses and Central securities Depositories (Amendment) (EU Exit) Regulations 2019 SI 2019/662 (the IE SI), and
the Equivalence Determinations for Financial Services and Miscellaneous Provisions (Amendment etc) (EU Exit) Regulations 2019, SI 2019/541 (the Equivalence SI and, together with the OTC SI, the CCP SI, the TR SI and the IE SI, the EMIR SIs)

Amendments to the OTC SI are made by:

the Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019, SI 2019/680
the Financial Services (Miscellaneous Amendment) (EU Exit) Regulations 2019, SI 2019/710
the Financial Services (Electronic Money, Payment Services and Miscellaneous Amendments) (EU Exit) Regulations 2019, SI 2019/1212,
the Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc, and...

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Web page updated on 21/05/2026

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