European securities and markets authority (esma)
Industry group was not convened as Esma drew up draft clearing rules
A requirement to clear standardised derivatives in Europe by next year creates problems for Germany’s banking sector. Uncertainties in the rules for indirect clearing, as well as whether there will be...
Thousands of firms are likely to be caught by the over-the-counter clearing mandate – but banks offering client clearing services say they can only take on a limited number of customers. As things stand,...
Banks are increasingly using their IT infrastructure to increase their competitive advantage. Learn how this can work in practice.
More European securities and markets authority (esma) articles
The latest European Securities and Markets Association guidelines for Ucits ETFs include measures on securities lending that will make life harder for providers of physically backed ETFs. Could this mark a sea change in the acceptance of synthetic funds?...
A report that warns of systemic risk arising from the increased ‘retailisation’ of structured products misses the point, say industry participants
Clearing members would be forced to guarantee trades executed by their clients' clients - on terms the member firms have not agreed
Responses to Esma's draft technical standard on Emir call for the agency to clarify its position on forex clearing - with some suggestion NDFs could be exempt
The latest European Securities and Markets Authority guidelines for Ucits ETFs will make life more difficult for physically backed ETFs and point to a growing acceptance of synthetic funds
Not so long ago, the prevailing mood was for less prescriptive, rules-based regulation and more principles-based guidance. Then came the financial crisis. The four years since the collapse of Lehman Brothers have seen an unprecedented flood of new rules,...
Transparency and own-capital ban for OTFs could interfere with “free flow” of market, says Lord Harrison, chair of a House of Lords committee that yesterday warned of fundamental flaws in Europe’s Mifid review
This handy guide reviews the various steps banks are taking to improve their risk management techniques, looking at the benefits and pitfalls of each one.
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