LME and DTCC announce partnership for EMIR reporting
The London Metals Exchange (LME) and DTCC today announced a partnership to connect LME Clear to DTCC for EMIR reporting purposes. The link is set to enable trades executed on…
The London Metals Exchange (LME) and DTCC today announced a partnership to connect LME Clear to DTCC for EMIR reporting purposes. The link is set to enable trades executed on…
There isan interesting guest post on RegTechFS from Commerzbank about how they are addressing the UTI issue. The issues are slightly different for us in the energy industry, but it makes…
ESMA have published their final recommendation to the Commission on clearing and risk mitigation obligations for non EU OTC derivatives. Interesting stuff on measuring the impact of non EU trades…
Last week ESMA sent a letter to the European Commission reiterating their disappointment at the refusal to delay the reporting of Exchange Traded Derivatives under EMIR, and pointing out the difficulties…
In case anyone missed it, last week's Q+A update on EMIR coincided with an update to the list of recognised LEI (Legal Entity Identifiers) pre LOUs (Local Operating Units that…
ISDA have released a summary document and presentation/webinar on their recently released best practice document on how to generate and communicate Unique Transaction identifiers. The new documents focus on the recommended…
See The OTC Space's summary of the latest Q+A from ESMA. The answer added in OTC question 3 about Notional for the clearing threshold has relevance to the commodities area,…
ESMA today approved 4 Trade Repositories to receive trades under EMIR. This is for all asset classes and includes exchange traded derivatives. The full announcement can be found here. This…
See here for a RegTechFS update on the progress of MiFID through the European parliamentary process. MiFID II is scheduled to be heard in the European Parliament in December.
TriOptima have announced a "UTI pairing" service, which will facilitate counterparties sharing Unique Trade Identifiers with each other for non electronically confirmed trades. The "UTI issue" is still one of the…