Regulation

The European Securities and Markets Authority (ESMA) has launched a consultation on participant default rules and procedures under Central Securities Depositories Regulation (CSDR)

No single asset manager appears to have yet fallen foul of the rules governing reverse solicitation under the EU’s Alternative Investment Fund Managers Directive although the risk of regulatory sanctions for breaches does still remain.

The additional fees and requirements for the EU passport scheme affect the harmonisation of the market, according to the alternative investment management association.

Fund managers need to up the ante on their preparations for the Securities Financing Transaction Regulation (SFTR) amid concerns there has been scant attention paid to it.

The association representing the global derivatives industry has called for a global adoption of an entity-based trade-reporting model.

Europe's securities watchdog will conduct the first EU-wide stress tests for clearing houses.

Several markets have jointly published a statement offering advice on how participants can comply with new EU Securities Financing Transactions Regulation (SFTR).

Some of Europe’s largest buy-side firms have criticised proposed trade reporting rules set out in MiFID II, stating that greater clarity is needed for reporting derivatives.

The Financial Conduct Authority (FCA) has teamed up with Australian regulators in a ‘world-first’ agreement to support FinTech businesses.

The Futures Industry Association (FIA) has criticised a recent review of the Basel III leverage ratio framework, arguing it has failed to identify the impact the capital rules will have on holding client collateral.