European market infrastructure regulation (emir)
The insurance industry has been overwhelmed by the need to report derivatives positions under new EU rules that came into effect on February 12. Blake Evans-Pritchard reports on how they have coped
By any standards, Europe’s new reporting regime got off to a bad start. Many companies were not ready to comply; some repositories were not able to cope with those that were. Regulators, meanwhile, did...
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More European market infrastructure regulation (emir) articles
Despite increasing demand for technology that makes pricing and trading structured products more efficient, the biggest initiatives in the past year have been the integration of regulatory edicts and the creation of individual and multi-dealer platforms...
Two companies say they have not been able to report to the DTCC's repository, and stopped trading swaps as a result
A requirement to report trades under the European Market Infrastructure Regulation kicked in on February 12, creating a rush to comply among energy derivatives market participants. Some firms have struggled with the rules, and say a lack of support from...
A panel of experts, convened by Insurance Risk and sponsored by BNY Mellon, discusses the impact of central clearing on asset allocations and opportunities to generate returns from high-quality collateral.
"We need a solution," says Esma spokesman
Emails to customers cite backlogs in rates and exchange-traded derivatives - users say repository has been "victim of its own success"
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future