European Commission sets up industry-wide group to solve clearing challenge for pension funds
New working group will look to solve complications for pension funds in providing cash collateral as variation margin.
New working group will look to solve complications for pension funds in providing cash collateral as variation margin.
National authorities are not expected to enforce the reporting obligations under SFTR as until 13 July 2020.
ISLA and ICMA write to regulators appealing for delay due to Coronavirus pandemic.
Authorities in Spain, Italy, France and the UK have all enforced bans on creating or increasing short positions on some securities in response to significant declines across Europe’s equities markets.
As temporary permissions run out at the end of the year, managers are expected to seek out Supermancos in order to market their funds in Europe.
DTCC confirmed it has now onboarded Citadel, Franklin Templeton, Nordea Investment Management and PIMCO to its SFTR reporting service.
After months of lobbying, trade associations and market participants get their wish as ESMA delays introduction of CSDR's settlement discipline regime.
The consensus among both buy- and sell-side firms is that the mandatory buy-in regime will have significant negative implications on Europe’s capital markets.
ESMA stated the growth in alternative investment funds NAV was associated to increased launches of new products in Europe.
ESMA would grant a 12-month reprieve for market participants to provide an LEI for a security issued from a third-country when reporting SFTs.