New EMIR Trade Repository
ESMA has approved NEX Abide Financial's application to run an EMIR Trade Repository. The notice from ESMA can be found here. This takes the number of approved TRs to 8,…
ESMA has approved NEX Abide Financial's application to run an EMIR Trade Repository. The notice from ESMA can be found here. This takes the number of approved TRs to 8,…
ESMA has updated the questions and answers document related to EMIR, which can be found here. The new version of the document makes some updates to the sections on trade…
Both ISDA and the ECB have recently published comments on the legislative proposal issued by the European Commission earlier this year (see here) which aims to change the level 1…
The new EMIR Regulatory Technical Standard will officially go into effect tomorrow, on the 1st November 2017. However, many Trade Repositories have implemented the new formats slightly earlier (see here).…
It has been announced today that Merrill Lynch International has been fined £34,524,000 by the UK's Financial Conduct Authority (FCA) for failing to report Exchange Traded Derivative (ETD) transactions under EMIR…
The European Commission and the CFTC moved closer to mutual recognition of rules, following a meeting held last week. The movement has been on two fronts: Trading platform recognition, which…
Europex has issued this set of comments on the legislative proposal issued by the European Commission earlier this year (see here) as part of the EMIR review. The proposal contains…
Last week ESMA updated the validations document to be used as part of the upcoming changes to EMIR. The updated document can be found here. The changes relate to the collateral…
Both the updated reporting requirements under EMIR (see here) and MiFID II will require transactions to be reported, using the Legal Entity Identifier (LEI) to specify the parties to a…
The UK's Financial Conduct Authority has approved four Authorised Reporting Mechanisms (ARMs), which can be used for MiFID II Transaction Reporting, which Investment Firms must carry out as specified in…