Europe

Market Infrastructure

SFTR: What Asian Financial Firms Need to Know

By Oliver Williams | 14/02/2019

Firms in Asia need to start preparing for the impacts SFTR will have on the way they manage their information flow when working with European counterparties, says DTCC’s Oliver Williams.

Market Infrastructure

ASIC ‘Well-Placed’ to Manage Impacts of No-Deal Brexit

By Editors | 08/02/2019

ASIC says it is carefully monitoring developments and has been liaising closely with UK and Australian authorities to plan for potential Brexit-related impacts.

Market Infrastructure

EU-Japan Data Sharing Agreement Takes Effect

By Editors | 29/01/2019

The EU adequacy decision on Japan creates the world’s largest area of safe data flows and serves as an example for future partnerships and global standard setting.

Market Infrastructure

China, Germany Enhance Capital Markets, Banking Cooperation

By Editors | 23/01/2019

The two countries will promote depository receipts, build an offshore market for A-share index derivatives in Frankfurt, and improve access for banks and insurers in either market.

Crypto / Digital Assets

Hong Kong, Luxembourg Sign Mutual Recognition of Funds Agreement

By Editors | 16/01/2019

Eligible general equity, bond or mixed funds authorised by the SFC can seek authorisation to be marketed to retail investors in Luxembourg.

Market Infrastructure

European Commission Unveils No-Deal Brexit Contingency Plan

By Manesh Samtani | 21/12/2018

The 14-point plan includes conditional equivalence for UK CCPs and CSDs as well as delegated regulations to facilitate the novation of OTC derivatives contracts.

Market Infrastructure

European Commission Drafts Decision on UK Clearinghouse Equivalence

By Manesh Samtani | 13/12/2018

The European Commission’s draft provides the legal means to grant UK clearinghouses equivalence rights in the EU for 12 months in a no-deal Brexit scenario.

Capital / Liquidity

FRTB Capital Requirements Set for Further Delays – Report

By Editors | 12/12/2018

European legislators have reportedly agreed to initially introduce only the reporting requirements under FRTB and delay the capital requirements.

Market Infrastructure

Industry Bodies Seek Clarity on Temporary Recognition of UK CCPs

By Manesh Samtani | 10/12/2018

ISDA, FIA, AFME and ICMA have written to the European Commission asking for greater clarity on proposed temporary equivalence and recognition of UK-based CCPs in a no-deal Brexit.