European Securities and Markets Authority (Esma)
Esma blames repositories for OTC reporting delay
Esma unable to approve repositories for new regime because applications are incomplete, regulator says
Looming Emir deadline prompts race to comply
Hundreds of corporates amend OTC documentation this week, ahead of September 15 portfolio reconciliation deadline – but market participants warn of "massive non-compliance"
New derivatives rules push global banks to form subsidiaries
Structural issues
Banks could quit CCPs that miss Esma deadline
A world of confusion
European CCP rules stricter than US, says Eurex Clearing chief
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
Energy firms find Emir thresholds too close for comfort
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…
CCPs in Japan, Mexico, Singapore and US to jump through Esma hoops
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
Covered bond industry protests against Esma clearing push
Esma has ignored calls to exempt covered bond vehicles from clearing, to the dismay of issuers
Emir flaws could see futures reporting delayed till 2015
Esma acknowledges industry concerns over delegated reporting provisions and confirms it is considering a one-year delay
Esma takes ‘pragmatic’ stance on Emir evasion
Esma seeks to apply Emir overseas only where EU-guaranteed financial entities trade under non-equivalent regimes – while corporates are given free rein
Esma approves more MoUs before July AIFMD deadline
The EU regulator has approved a slew of memorandums of understanding with seven more global regulators, paving the way for continued marketing of hedge funds inside and outside Europe
BlueBay Asset Management names head of credit strategy
BlueBay appoints head of credit strategy. Goldman veteran joins Citi’s prime brokerage while Guggenheim Fund Solutions appoints head of hedge fund solutions for Europe
SCM Private: Securities lending fees still a concern
The house that ETFs built
Redwood: ETF transparency is vital
On the right track
EC asset management chief: funds industry needs binding rules
Follow the Lueder
Esma rules unlikely to impact securities lending
Living on borrowed time
ETF indexes face clean up
Let there be light
Not all ETF returns are equal
Sponsored statement: Lyxor
ETF providers seek to manage regulatory pressure
A light at the end of the tunnel
Iosco calls for regulators to address counterparty risk on ETFs
Point and Counterpoint
Iosco letter to EC ‘strongly recommends’ PFMI standards for non-EU CCP recognition
International frameworks for CCPs should be the primary source of jurisdictional equivalence assessments, according to Iosco's Alder.
Dealers ask Esma to bless Lsoc-based clearing
Industry wants to know whether an approach based on US standards will meet European requirements
Asian CCPs left to apply ‘in the dark’ for Esma recognition
Asian CCPs under pressure from EU third-country equivalence/recognition deadline squeeze
Banks struggling with European reporting rules
Reporting infrastructure built to fulfil Dodd-Frank requirements will need to be revamped to meet Emir standards, say banks