CFTC still unable to analyse Dodd Frank Swap data
Scott O Malia, the commissioner of the CFTC recently talked of how they are still unable to process and analyse the data they have received under Dodd Frank trade reporting. A…
Scott O Malia, the commissioner of the CFTC recently talked of how they are still unable to process and analyse the data they have received under Dodd Frank trade reporting. A…
The consultations and drafting of the many technical standards under MiFID is now getting under way and will be in full swing over the summer, as can be seen in…
See here for Diana Higgins's post on The OTC Space explaining the benefits of Portfolio Compression. It is the first post in a series that should make for interesting reading.
The European Commission yesterday responded to the letter sent to them by ESMA a few weeks ago, asking for clarification on the definition of a derivative for FX and Physical…
This morning ESMA published the latest Q+A on EMIR, which can be downloaded here.Items of particular interest:Notional Values - A few modifications here but still no complete clarity on how…
As outlined in a post on The OTC Space here, Yesterday NasdaqOMX announced that they had been approved as a CCP under EMIR, which kicks off the process towards mandatory…
See this interesting article on DerivSource on the issues that still remain after GLERT. The article is finance focused but the issues around derivative definition apply equally to physical forwards.
EMIR requires that Non Financial Counterparties under the clearing threshold (NFC-) reconcile their portfolios of uncleared OTC trades once a year, for portfolios of 100 trades or less (quarterly otherwise). The…
The FCA recently issued this document about how they see the regulation of commodity markets working in future. In it they about how EMIR, MiFID II/MiFIR and MAD II will…
We are back after a few days off, and there are quite a few interesting articles and updates:LEIs - This interesting article in The Trade news on LEIs looks at…