ESMA welcomes no-deal Brexit central clearing equivalence plans
The European Commission has said it will adopt temporary equivalence to ensure no disruption to central clearing in the case of no-deal Brexit.
The European Commission has said it will adopt temporary equivalence to ensure no disruption to central clearing in the case of no-deal Brexit.
ESMA has rejected a request from the European Commission to remove the wording of LEIs in the upcoming rules.
The watchdog has called upon UK and German regulators to revise national exemptions on collateral requirements within the UCITS framework.
Industry awaits formal approval from European Commission, but Global Custodian understands it will make no 'fundamental changes' to SFTR which now looks to be adopted in at the end of the year or Q1 2019.
Pension funds will have to begin clearing OTC derivatives contracts on 17 August 2018, despite calls for a third extension.
Financial authorities across Europe are not all singing the same song when it comes to regulation of UK funds post-Brexit, finds Charles Gubert.
New group will provide informal advice to European regulator.