ESMA releases long-awaited consultation on SFTR
Industry welcomes consultation paper which addresses which securities financing transactions will be reportable for incoming regulation, among other aspects.
Tag: ESMA
European asset managers with UK branch face MiFID barriers
Potential changes to MiFID II could mean EU asset managers setting up a branch in the UK post-Brexit would face barriers dealing with European clients.
How will ‘no-deal’ Brexit MOUs’ impact the post-trade?
Global Custodian looks at the recent MOUs’ between the UK and EU financial regulators and their implication for securities markets.
Euroclear UK to continue Irish securities settlement in ‘no-deal’ Brexit
The agreement between ESMA and the Bank of England eases concerns of significant disruption to the Irish securities market.
Regulators taking steps for crypto-custody framework
Some experts believe regulation of crypto-custody is likely to be fairly imminent, with some digital assets set to be designated as securities in due course.
Varying definitions of safekeeping holding back custody for crypto-assets, finds ESMA
ESMA report highlights lack of harmonised definition of safekeeping and record-keeping of ownership of securities at an EU-level.
Change of ESG approach by ESMA welcomed by asset managers
Fears that asset managers would be forced to arbitrarily unwind positions in non-sustainable companies have broadly subsided following ESMA’s announcement.
ESMA welcomes no-deal Brexit central clearing equivalence plans
The European Commission has said it will adopt temporary equivalence to ensure no disruption to central clearing in the case of no-deal Brexit.
ESMA and European Commission clash on SFTR reporting standards
ESMA has rejected a request from the European Commission to remove the wording of LEIs in the upcoming rules.
ESMA hits out at UK and German regulators over CSD lending exemptions
The watchdog has called upon UK and German regulators to revise national exemptions on collateral requirements within the UCITS framework.