Post-Brexit, DTCC Derivatives Repository Plc (DDRL) will be DTCC’s registered UK TR, operating under the supervision of the UK’s Financial Conduct Authority (FCA), while a newly established entity in Dublin, DTCC Data Repository (Ireland) Plc (DDRIE), will be the registered TR to support the EU 27 countries.
DTCC established DDRIE ahead of Brexit in order to ensure full, uninterrupted service for all clients in the EU and UK. DDRIE is registered by ESMA but will not be active until Brexit goes into force. Until that time, all EU and UK clients continue to report to London-based DDRL.
GTR UK - EMIR (FCA)
DDRL will accommodate the post-Brexit reporting of cleared and uncleared OTC and exchange-traded derivatives contracts subject to FCA jurisdiction.
GTR UK - SFTR (FCA)
Clients will be able to utilize DDRL to meet their post-Brexit Securities Financing Transactions Regulation (SFTR) reporting obligations in the UK. Our SFTR solution leverages the GTR infrastructure to support all product types to be reported under the regulation, including repo and reverse repo, securities and commodities lending and borrowing, sell/buy-back, buy/sell-back and margin lending and borrowing.