Interesting comment on cross border issues
There is an interesting article here on the ISDA website about some comments on the importance of ensuring that rules in different locations are harmonised.
There is an interesting article here on the ISDA website about some comments on the importance of ensuring that rules in different locations are harmonised.
We have seen more than one change of date under EMIR over the last 2 weeks, including both trade reporting and clearing. On the trade reporting side, we saw the…
The new footnote on the ESMA EMIR page may imply a further delay to The first reporting date (of IRS and CDS) , to November, which would have a knock…
Global Energy Advisory have just issued their latest white paper on the cashflow impacts of EMR and EMIR on the energy industry. It can be downloaded from here.On the EMIR side, it does raise the question about…
Bill Hodgson of theotcspace.com has written a thought provoking article about whether rules such as EMIR and Dodd Frank really achieve their objective of reducing systemic risk. The article is…
The UK Financial Conduct Authority have updated their page on EMIR trade reporting here. Some interesting points: The first reporting date (for IDS and CDS) is on 23rd Sept. They still expect the rest of…
Interesting developments here on the EMIR extra territoriality rules and the DG Internal Markets and Services view on ESMA's timetable. The clearing picture for energy traders thus becomes even harder…
Chatham Financial have published the results of a survey showing a high number of derivative end users not being ready for Dodd Frank and EMIR. See here.
Just in case you hadn't noticed, the EMIR website now has forms for the notification of exceeding the thresholds, and also for going under it again. Even if you are under it now,…
I recently received a link to an interesting article on the interaction between FERC and CFTC over the last few years, which can be seen here. (free registration required). Thank…