Regulation

New working group will look to solve complications for pension funds in providing cash collateral as variation margin.

India's markets regulator has relaxed requirements for FPIs to renew their license following calls from custodians to ease the process for firms working remotely.  

The group of 20 industry bodies have said the outbreak has resulted in a significant delay for both custodians and buy-side firms in carrying out heavy onboarding tasks

The majority of respondents said the global pandemic was impacting their ability to prepare for upcoming regulations. 

The association for Europe's CSDs believe existing post-trade regulatory frameworks would be well-suited to include crypto-assets. 

National authorities are not expected to enforce the reporting obligations under SFTR as until 13 July 2020.

ISLA and ICMA write to regulators appealing for delay due to Coronavirus pandemic.

Authorities in Spain, Italy, France and the UK have all enforced bans on creating or increasing short positions on some securities in response to significant declines across Europe’s equities markets.

As temporary permissions run out at the end of the year, managers are expected to seek out Supermancos in order to market their funds in Europe.

FCA, Bank of England and HM Treasury are investigating how firms will manage a widespread outbreak of coronavirus.