Search Results for: European Market Infrastructure Regulation
ICE Clear Europe rceives EMIR authorisation
September 20th, 2016
Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that the Bank of England has authorised ICE Clear Europe as a central counterparty (CCP) in accordance with the European ...
ESMA consults on proposed Central Clearing delay for small financial counterparties
July 14th, 2016
The European Securities and Markets Authority (ESMA) has published today a consultation paper proposing to change the phase-in period for central clearing of OTC derivatives applicable to financial counterparties with a limited volume of derivatives activity under the European Market Infrastructure ...
The first major collaboration between an international legal firm and one of the ‘Big Four’ professional services firms
June 14th, 2016
Allen & Overy today announces the launch of MarginMatrix™, a new digital derivatives compliance system to help major banks deal with new regulatory requirements that will come into force for the USD500 trillion over-the-counter (OTC) derivatives market from 1 ...
ESMA and CFTC to cooperate to recognised Central Counterparties
June 7th, 2016
The European Securities and Markets Authority (ESMA) and the US Commodity Futures Trading Commission (CFTC) have established a memorandum of understanding (MoU) under the European Market Infrastructure Regulation (EMIR). The MoU establishes cooperation arrangements, including the exchange of information, regarding CCPs ...
ESAs publish final draft technical standards on margin requirements for non-centrally cleared derivatives
March 10th, 2016
The European Supervisory Authorities (EBA, EIOPA, ESMA – ESAs) published today the final draft Regulatory Technical Standards (RTS) outlining the framework of the European Market Infrastructure Regulation (EMIR). These RTS cover the risk mitigation techniques related to the exchange ...
Financial stability: New EU rules on central clearing for certain credit derivative contracts
March 2nd, 2016
Today’s decision implements the clearing obligation under the European Market Infrastructure Regulation (‘EMIR’). It refers to some types of credit default swaps. The European Commission has adopted a new set of rules that requires certain over-the-counter (OTC) credit derivative ...
ESMA consults on marging period of risk for CCPs’ Client Account
December 15th, 2015
The European Securities and Markets Authority (ESMA) has published a Consultation Paper on the Review of Article 26 of RTS No 153/2013 regarding the European Market Infrastructure Regulation (EMIR). In relation to the relevant Regulatory Technical Standard (RTS) ESMA ...
Euroclear: Tougher rules push collateral management in Asia Pacific
December 8th, 2015
Uncertainty remains over how the Asian markets will implement new rules governing collateral movement in the trading of over-the-counter (OTC) derivatives as they move to trading on exchanges next year. The rules on collateral movement are part of broader ...
ICE Clear Singapore Receives Recognition Under Emir; On Track For November 17 Launch
October 6th, 2015
Intercontinental Exchange (NYSE:ICE), the leading global network of exchanges and clearing houses, announced today that ICE Clear Singapore has been recognised as a third-country central counterparty (CCP) in accordance with the European Market Infrastructure Regulation (EMIR). “The EMIR recognition ...
Financial stability: new Commission rules on central clearing for interest rate derivatives
August 10th, 2015
The European Commission has today adopted new rules that make it mandatory for certain over-the-counter (OTC) interest rate derivative contracts to be cleared through central counterparties. Mandatory central clearing is a vital part of the response to the financial ...
