FSB Comments on OTC Derivatives Regulation
The FSB published this press release on the 25th, which included comments on the urgent need for the various authorities to pull together the information contained (or to be contained)…
The FSB published this press release on the 25th, which included comments on the urgent need for the various authorities to pull together the information contained (or to be contained)…
See this article by McDermott, Will and Emery on the upcoming enforcement powers of Ofgem for REMIT, in line with the original timetable. In theory therefore, monitoring processes need to…
The Regulatory Oversight Committee (ROC) for LEIs issued this statement last week following their meeting the week before.It promises guidance very soon so that "pre-LEIs" can be implemented in the…
The FCA page now has a note that under EMIR all parties need to use an LEI, (or a "pre LEI). This highlights the fact that for many, the reference data…
See here for an informative presentation on the current timing for EMIR written by Clifford Chance.
The official letter to the European Commission advising of the delay in the decision on whether to recognise third country EMIR equivalence is now on the ESMA EMIR website here.
The laws giving Ofgem powers to enforce REMIT will come into force on 29th June 2013, as per the timetable. the EU implementing acts are behind schedule though, so proper…
Ofgem (UK energy regulator) have started a consultation on the procedures they will use to enforce REMIT and the proposed sanctions regime here.Comments to follow.
Allegro are running a webinar on 28th June on EMIR and REMIT. Details here.