New EMIR Q+A published by ESMA
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…
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…
See this post on the DRS website about a speech given by an Executive Director of ESMA. Much of the speech was about the work that lies ahead for MiFID…
See this article on CTRM Centre for some updates from vendors on how GLERT went for them.
The FCA have updated their website and stated that they expect Portfolio Reconciliation, Portfolio Compression and Dispute Resolution to be up and working by 30th April this year. The updated statement…
A week after the Go Live for EMIR Reporting of Trades, and a few interesting observations can be made about how trade reporting is going under EMIR, following the uncertainty…