FCA UK – Cutover plan for firms migrating to FCA FIRDS and FITRS after the Brexit transition period
At the end of the transition period on 31 December, the EU Securities & Markets Authority (ESMA) will switch off the FCA’s access to 2 key systems that are needed to operate the MiFID regime.
The FCA has built equivalent systems for UK MiFID reporting – the FCA Financial Instruments Transparency System (FCA FITRS) and FCA Financial Instruments Reference Data System (FCA FIRDS).
Firms can currently use these systems for testing, however both systems will be unavailable from 16 December 2020 until 2 January 2021 while they rebuild their data.
Find out more about the cutover plan for FCA FIRDS and FCA FITRS.
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