European Securities and Markets Authority (Esma)
Indirect clearing will not be compulsory, sources say – and a controversial 30-day guarantee for indirect clients will also be removed
Industry group was not convened as Esma drew up draft clearing rules
This white paper looks at the heavy impact of regulation on investment managers, the mitigation of outsourcing risk, inefficiencies in corporate actions processing and the growing importance of collateral management.
More European Securities and Markets Authority (Esma) articles
Retail structured products pose systemic risk, concludes report
Clearing members would be forced to guarantee trades executed by their clients' clients - on terms the member firms have not agreed
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
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...
All together now?
UBS lists 64 exchange-traded funds on the London Stock Exchange in a single day – the largest ever daily listing of these products in the UK
Securitisation would be "a lot less viable" if SPVs do not qualify for clearing exemption, says Isda
This whitepaper reviews the fundamental changes of Liquidity Risk Management under Basel III. It discusses how institutions can meet the regulatory requirements on liquidity risk management by enhancing their liquidity risk analytics, funds transfer pricing methodologies, liquidity stress testing frameworks, and enterprise risk management platforms.