ESMA issues final report on transaction reporting
ESMA has issued a final report as the next output from the "Call for evidence" process being run to determine how to reduce costs from transaction reporting. The focus of…
Regulatory events, monitoring report from ACER and more
ACER has announced a day long public online REMIT II workshop on 11th June covering surveillance and reporting matters. More information and registration can be found here. ESMA has produced…
New Q+A documents on EMIR, SFTR and MIFID II transparency
ESMA yesterday issued new Questions and Answers documents: EMIR (here) - This has new answers on reporting on valuations (on the last day of a derivative or for intra day…
SFTR reporting starts for NFCs
Reporting under the Securities Financing Transaction Reporting regulation (SFTR) started yesterday for Non Financial Counterparties (see here). The scope of SFTR includes “commodities lending”, which could be taken to include…
2021 – Another year of regulation begins
As in previous years, as 2021 opens, this first post will consider what could keep us busy in the regulatory world of energy and commodity trading, focused on Europe. More of…
ISDA urges global identifier alignment
ISDA has written this letter to the Financial Stability Board (FSB) urging a better coordination of efforts worldwide to harmonise different aspects of regulatory reporting. In particular a lack of…
SFTR for NFCs cancelled in UK – and other Brexit divergences
On Tuesday 23rd June Rishi Sunak, the UK's Chancellor of the Exchequer, issued this statement providing updates on how Financial Services regulations will be applied in the UK once the…
Covid 19 updates – delays and notices
It comes as no surprise that there have been many announcements relating to the impact of Covid 19 since our last update here. These include: Temporary changes and a "softening"…
ESMA indicates SFTR leeway and other Corona news
ESMA has today issued this statement and this press release, asking NCAs to "not prioritise supervisory actions" with regards to the upcoming start of reporting under SFTR. The first start…
Final SFTR documents published – commodities information
Earlier this week ESMA published a final series of documents relating to the Securities Financing Transaction Reporting regulation (SFTR). The scope of SFTR includes “commodities lending”, which could be taken…