Regulation

The consensus among both buy- and sell-side firms is that the mandatory buy-in regime will have significant negative implications on Europe’s capital markets.

Clearstream’s licence was granted by the German Federal Financial Services Authority BaFin and is effective immediately.

Despite the extension to comply with the final phase of the uncleared margin rules, major operational challenges remain for buy-side firms.

ESMA stated the growth in alternative investment funds NAV was associated to increased launches of new products in Europe.

Even though the Capital Markets Union (CMU) has had a somewhat lethargic start, a new EU leadership could galvanise the process once again.

ESMA would grant a 12-month reprieve for market participants to provide an LEI for a security issued from a third-country when reporting SFTs.

In the fourth part of our ‘what to look out for in 2020’, we ask industry experts’ for their input on regulatory issues to watch out for in the New Year.

BNY Mellon and State Street were among the six banks that were found to have 'shortcomings' in their resolution plans.

Daily penalties mean the upcoming Settlement Discipline Regime (SDR) is an issue for the front-office as well as the back, according to the DTCC.

As closet tracker funds hit the Financial Conduct Authority’s radar, one expert says the issues raises data questions for asset owners and managers.