CCP recovery role for MEP Swinburne
Kay Swinburne will lead the European Parliament’s team on CCP recovery and resolution.
Tag: EU
EU could fast-track derivatives margin rules
Law firm Linklaters anticipates the rules could come into force by mid November if the EC accelerates implementation.
SEC vote brings US-EU closer to derivatives equivalency
Equivalency will ease the capital cost for European banks doing business with US CCPs.
ESMA urges EU Commission to act fast on OTC derivatives rules
Delays to implementing margin rules for uncleared derivatives could run the risk of fragmentation and regulatory arbitrage.
Ferber: UK has to comply with EU to do business
Markus Ferber has stated London will be less attractive to do business if it does not comply with EU regulation.
BlackRock warns of messy divorce from the EU
The world’s largest fund management group has warned that it expects the UK’s “divorce” from the European Union to be “messy, drawn out and costly”.
Asset managers fear operational headaches from Brexit
Experts warn that Brexit could cause major operational challenges for finance firms.
BATS Chi-X could leave London under Brexit
Filing with US regulators reveals exchange operator considers UK leaving the EU as a risk to its business.
Agreement on FTT principles unlikely to result in action
Uncertainty and criticism continues to surround the proposed
EU financial transaction tax
What now for MiFID II?
With MiFID II now expected to be delayed until 2018, the one thing market participants can be certain of is more uncertainty.