Corona delays in Singapore – Brexit transition
Corona related announcements continue: The Monetary Authority of Singapore (MAS) has announced a series of delays and changes due to the Corona virus. The announcement can be found here. These…
Record fine levied under REMIT – ICE spoofing
On Wednesday Ofgem, the National Regulatory Authority of Great Britain, announced that InterGen has been fined 37.2 million GBP for breaches of REMIT Article 5. The announcement can be found…
ESMA report on MiFID II commodity derivatives regime – possible changes
ESMA has released this report summarising the responses received from the recent consultation focused on the MiFID II position limits regime (see here). The report also addresses some other topics…
ESMA opens EMIR consultations
ESMA opened two consultations relating to EMIR last week: Technical standards on reporting, data quality, data access and registration of Trade Repositories under EMIR REFIT (here). Report on post trade…
Covid-19 announcements
The impact of the Covid-19/Corona virus is being very widely felt. Several regulators have made announcements that in some way relate to the regulations covered by this blog. These include:…
ESMA report – Coal and oil derivatives/C6
Earlier this week, ESMA published this report, which was submitted to the European Commission a few weeks ago. It provides a recommendation as to whether to extend the exemption for…
EMIR reporting best practices spreadsheet – and a reporting article
ISDA this week issued this spreadsheet relating to EMIR reporting. It is a version of the EMIR "validations spreadsheet" with added columns for many of the fields, that provide best…
MiFID II consultation – commodity derivatives topics
Yesterday the European Commission opened a consultation on certain aspects of MiFID II and MiFIR. The document can be found here. The consultation includes aspects relevant to energy and commodity…
6 years of EMIR reporting
It is 6 years today since EMIR reporting started, on the 12th February 2014. The initial post from that day can be found here. Interestingly, for those in the energy…
MiFID II position limits opinions published by ESMA
On Friday ESMA published a set of opinions on MiFID II position limits that have been submitted to them by National Competent Authorities (NCA). The process under MiFID is for…