European Parliament
Europe edges closer to final Emir clearing timeline
Deadline could arrive in mid-June; pressure to resolve EU-US dispute grows
Pension funds in limbo as EC leaves Emir exemption gap
Funds could be subject to CVA charge for period of weeks or months
Clearers challenge Massad over EU client protections
Affiliate and client positions not commingled, they argue
US vs EU CCP scrap may be settled by margin study
Isda AGM: analysis aims to end wrangle over merits of 1-day and 2-day margin rules
Banks to be prohibited from hedge fund investments
But close-ended, unleveraged or Ucits fund may provide an exception
EU commodity position limits too cumbersome, firms say
Mifid II proposals seen as bad for end-users and market liquidity
New frontloading threshold stirs up MEPs
"Hard to see" how plans honour EC pledge to avoid harm, says Swinburne
EC weighing response to new frontloading fears
Pearson: commission is "considering an appropriate response"
The House of Lords: looking for gaps in EU financial reform
Chair of Lords subcommittee says UK neglect of Europe is "criminal"
Bank rules would be stricter if UK left EU, says Bowles
Former MEP says UK would have "blindly copied" text of Basel III
Carbon reform may be shaken by European Parliament vote
Fringe gains could see proposals to modify emissions market suffer
Lobbyists fear UK will be frozen out of top EU roles
Lobbyists say UK isolation damaging industry's voice in Europe
NSA hacking undermined trust, Swift tech head says
Threats are "people we thought were our friends"
Esma set to neuter Emir frontloading rule
Legislators agree on a fix for ‘huge problems’ caused by frontloading
Ferber: MEPs unlikely to oppose frontloading fix
Legislators will try to settle long-running issue in talks on Thursday
CFTC-EC swaps accord not working, says MEP Swinburne
Accord has not solved swaps liquidity fragmentation
Prips proposals panned by leading industry group
A group of leading investment banks is inveighing against proposals by European authorities, including a plan to assign a single risk indicator to structured products
'No appetite to reopen Solvency II' in face of global capital standards - Balz
Omnibus II rapporteur fears additional burden of global quantitative requirements
OTFs and Sefs: equivalence in doubt
European legislators are close to finalising their derivatives execution rules, but trading platforms are concerned the OTF framework may be sufficiently different to US Sef rules to scupper any chance of equivalence determinations. By Tom Osborn
Regulators clash on Mifid waivers
Some regulators and brokers have expressed fears that exemptions included in Mifid may mean European rules on trade execution are not equivalent to the US – but a key parliamentarian disagrees
Insurers demand clarity on Omnibus II
Equivalence, credit risk adjustment and details on level 2 text urgently needed, say top insurance executives
Barnier to attend crunch trilogue to see Solvency II negotiations ‘over the finish line'
Profound changes expected to long-term guarantees package
Econ chair Bowles calls for better ethics beyond banks
Accountants and lawyers also need to improve behavioural standards
Lithuanian presidency proposes increase to volatility adjuster cap
Benefit could more than triple amid hopes of a deal on Omnibus II long-term guarantees package