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Esma responds to EC's 'intended rejection' of one-year postponement
Korea confident of achieving recognition from Europe and is readying to apply for similar status from the US
Mandatory trade reporting for all asset classes will begin on February 12, but the forex industry is still grappling with the challenges of dual reporting
Mandatory clearing in Europe is widely expected to start from next year, but the complex authorisation process, combined with the variety of collateral segregation models, means the start date for some clients could be much later. Tom Osborn reports
Nick Sawyer, editor-in-chief of Risk, and Risk staff writer Tom Osborn discuss the timeline for clearing in Europe, and the tensions this could create with other regulators
The pricing nightmare
HKMA concerned over the development of cross-border equivalence regulation
CFTC's Chilton says "continuing to kick the can down the road is just not acceptable", as expectations grow that Europe will miss 2014 start date
Australian securities regulator positive about receiving US approval for the domestic regulatory regime
Esma unable to grant equivalence on Hong Kong's OTC clearing regime as framework is not yet in place
Happy to report?
In its report on EU market trends for the second quarter, Esma says sales of equity-linked retail structured products are up this year, while demand for interest rate-linked products has plummeted
Industry had been banking on one-year postponement - Esma now looking for solution to reporting impasse, according to senior EC official
Clarification call on capital charges that apply to indirect clearing
Up close and personal
Esma unable to approve repositories for new regime because applications are incomplete, regulator says
Hundreds of corporates amend OTC documentation this week, ahead of September 15 portfolio reconciliation deadline – but market participants warn of "massive non-compliance"
A world of confusion
Thomas Book, chief executive of Eurex Clearing, says it remains to be seen whether the standards for central counterparties set in Europe will be matched around the globe
The European Market Infrastructure Regulation will force non-financial counterparties to clear trades in over-the-counter derivatives once they reach a set of notional thresholds. And despite their original expectations, many energy companies could be...
Eleven CCPs say they will apply to Esma for approval – sparing European members a capital hit – but Canada's CDCC has no plans to go through the process