UK European Market Infrastructure Regulation (UK EMIR)
Regardless of the type, size or sector, any business in the United Kingdom that undertakes derivative transactions, as defined in the Terms of Business, will be impacted by the European Market Infrastructure Regulation as it forms part of “retained EU law” as defined in the European Union (Withdrawal) Act 2018 (as amended and supplemented from time to time (UK EMIR)).
If you have any questions regarding UK EMIR, please contact your Bank of Scotland or the EMIR team cb.dfemirclassificationteam@lloydsbanking.com