International Capital Market Association (ICMA)
Banks think SFTR delay a ‘done deal’ amid virus outbreak
Industry letter urges regulators to postpone first two phases of reporting until October
Watchdogs ask EC to delay repo haircut floors. Will it?
EBA says hedge funds will skirt the rules, but Basel and FSB want haircut minimums in place
Avoid floating rates on non-cleared repo – ICMA
€STR won’t be published until October, but its next-day publication will make settling complicated
LCH, Eurex create fix for floating repo’s Eonia problem
Clearing houses to adjust repo balances the following day once rate moves to T+1
Patchy response to Isda’s back office of the future
Some banks are quiet, while clearing houses seem split on uptake of Isda data standardisation project
Basel haircut floors threaten securities financing desks
Banks fear capital hit unless regulators provide exemption for stock borrowing
No safety net for no-deal Brexit, warns BdE’s Alonso
UK banks should not rely on temporary rule waivers being granted in the event of a disorderly Brexit
Europe’s Eonia dilemma
As Europe begins formal search for new risk-free rate for swaps, it is unclear whether Eonia will survive
Repo markets left guessing by new EU reporting rules
Record-keeping obligations of SFTR already in force, but no guidance on data fields
UK repo decline sparks NSFR tussle in Europe
BoE and EC concerned about repo liquidity, but Basel Committee unlikely to budge
CCPs and Brexit: don’t forget the rest of the world
Losing equivalence with the US could be more serious than arguments over the location of euro clearing
Repo stay extension raises questions for buy side
Resolution stays extended to repo and securities lending contracts
Esma rows back on Prospectus Directive proposals
Provisions on documentation eased but industry says more work needed on advertising rules
European Repo Council chair threatens to call in EC over settlement times
De Vidts’ impartiality questioned due to dual Clearstream role
Repo and securities lending face swap-style stays
Regulators and industry to meet in London on March 2
Bond holdout provisions ‘could be challenged as oppression'
Hedge fund activism - trends and predictions for 2015
Issuers face big legal bills under EU prospectus plans – Icma
Trade body says issuers will face unnecessary legal and compliance bills under Esma plans
Benchmarking European repo markets
Sponsored forum: Stoxx
JAC reaffirms retail structured products principles with bigger committee
JAC reaffirms retail structured products principles with bigger committee
A few loose ends
Modelling - a retrospective
Industry releases draft principles for structured products
Daily news headlines
Isda, ICMA and TBMA form joint capital markets body
Three capital markets associations are to form a joint body that aims to streamline industry-wide co-operation between the derivatives, securities and bond markets. The Global Capital Markets Board (GCMB) will develop a common policy on market,…