ESMA re-authorises DTCC’s Irish trade repository ahead of Brexit
Regulators seek to minimise the potentially wide-spread impact of Brexit on Europe’s capital markets.
Tag: EMIR
Financial industry will need to find $100bn of unrecognised assets to meet collateral requirements
A new study found the two-way initial margin rules for non-cleared derivatives will also result in a collateral shortfall of $60 billion alone.
Trade associations band together to create SFTR and EMIR master reporting agreement
The standard agreement template will be used for both mandatory and delegated reporting of securities financing and derivatives transactions.
Fraction of buy-side firms ready for uncleared margin rules
SimCorp research finds only 7% of buy-side firms are ready to comply with the incoming rules in September.
End of the great re-regulation
After a relentless stream of regulations over the past decade, we are entering a quiet period where market players can put their regulatory work to one side and concentrate on other business matters guilt free.
No ‘fundamental changes’ to SFTR from the European Commission
Industry awaits formal approval from European Commission, but Global Custodian understands it will make no 'fundamental changes' to SFTR which now looks to be adopted in at the end of the year or Q1 2019.
ESMA denies pension funds an extended clearing exemption
Pension funds will have to begin clearing OTC derivatives contracts on 17 August 2018, despite calls for a third extension.
Buy-side voluntary clearing set to take off
Regulation and collateral costs have made the cleared derivatives market much more attractive for the buy-side, but what else will it take for them to voluntarily take part?
Europe's trade reporting centres face regulatory scrutiny
Trade repositories set up under EMIR have received criticism by ESMA over reporting fees and other teething issues.
DTCC appoints compliance chief for trade repository
Derek West will join the DTCC with responsibility for compliance at its European Global Trade Repository.