Our director, Sophie Gerber, is confirmed to speak at the iFX Expo in Hong Kong which runs from 26 to 28 January 2016. If you would like to sign up, you can visit the iFX website. Also feel free to contact us to discuss arranging a meeting in Hong Kong before, during or after the expo. Look forwarding to seeing you there!
Do UK NFCs Trading With an Offshore Broker Inherit Their Normally Delegated Reporting Responsibility?
Article 9(1)(a) UK EMIR requires non-financial counterparties (NFCs) who benefit from mandatory delegated reporting when trading derivatives with a financial counterparty (FC) to report both sides of their trades with NFC- entities, unless the NFC- entity has specifically requested otherwise. This reduces the burden on smaller non-financial counterparties.