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: ESMA
European Commission extends temporary equivalence for Euroclear UK & Ireland
The move will allow Euroclear UK and Ireland (EUI) to continue to settle Irish-domiciled funds and securities once the Brexit transition period ends on 31 December.
Shortlist for chair of EU markets watchdog position revealed
The new chair of ESMA will take up the role in April 2021 once Steven Maijoor steps down.
Industry fears slowdown of CSDR preparedness following delay
Panellists at the Network Forum Autumn Meeting echoed fears that plans comply with the rules have been put on hold since the announcement of its delay.
ESMA recommends harmonisation of AIFMD and UCITS frameworks
Proposal would see harmonisation of two fund directives with a focus on aligning regulatory reporting.
ESMA confirms proposal to further postpone SDR to 2022
The proposal came in response to a request from the European Commission to further postpone the Settlement Discipline Regime.
Settlement Discipline Regime could be delayed to February 2022 in regulatory U-turn
Global Custodian understands advanced discussions are underway among EU regulators to propose a delay, though confirmation of this could still be months away.
European Commission rejects post-trade industry calls for SRD II delay
The decision from the European Commission means the rules will come into force from 3 September 2020.
Short selling bans failing to abate volatility, says trade associations
Trade associations including AIMA and FIA EPTA have said the short selling restrictions have failed to curb volatility and could pose long-term damage.
European Commission endorses CSDR push-back
The endorsement comes two months after the ESMA stated it would postpone enforcing CSDR's settlement discipline regime following an industry-wide lobby.