European energy trading firms say they are finding compliance with Emir trade reporting rules onerous and heavily reliant on manual intervention, particularly when it comes to non-standard trades
Banks may seek to insert new termination clauses in contracts with some clients, as they prepare for an 18-month frontloading window to open
Issuers pleased as Esma proposes exemption for covered bond hedges; trades would still need to pass six-point test
More Emir articles
Esma hopes to improve matching rates for Europe’s five-month-old reporting regime – currently as low as 3% for some trades – but repositories say more will be needed
Only 30% of inter-repository OTC derivatives and 3% of listed trade reports can be paired, conference is told – a problem stemming from the lack of trade identifiers
An EU-US regulatory conflict can be avoided if UK CCPs move certain contracts to their US arms, according to the CFTC's Ananda Radhakrishnan, who said he is "tired of providing exemptions"
Repositories face a "major challenge" to reconcile trades, ACT conference hears; executives call on Esma for guidance
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.
Hong Kong, 1st - 31st Dec 2014
UK, 18th Mar 2015
Australia, 12th - 13th Aug 2014
Australia, 14th Aug 2014
USA, 20th - 21st Aug 2014