European Commission’s AIFMD review could see expanded depository role for custodians
A potential AIFMD passport and UK equivalence could smooth the way for UK custodians to expand their depositary services across the EU market.
A potential AIFMD passport and UK equivalence could smooth the way for UK custodians to expand their depositary services across the EU market.
Long-awaited report on the Capital Marks Union sets out recommendations for the regulation while also addressing lingering issues in the post-trade industry.
The association has urged the regulator to take ‘a holistic approach’ to postponing the Settlement Discipline Regime (SDR) by at least a year.
The decision from the European Commission means the rules will come into force from 3 September 2020.
The endorsement comes two months after the ESMA stated it would postpone enforcing CSDR's settlement discipline regime following an industry-wide lobby.
Restrictions in short selling in Austria, Belgium, France, Greece and Spain have been extended despite warnings of unintended consequences.
New working group will look to solve complications for pension funds in providing cash collateral as variation margin.
The association for Europe's CSDs believe existing post-trade regulatory frameworks would be well-suited to include crypto-assets.
ISLA and ICMA write to regulators appealing for delay due to Coronavirus pandemic.
Addressing data issues and the dual-reporting regime set out in SFTR were among the top priorities for ISLA.