European Securities and Markets Authority

Crypto / Digital Assets

ESMA Releases Last Batch of Policy Documents for MiCA

By Editors | 19/12/2024

The new package includes standards on preventing market abuse and guidelines on suitability and crypto-asset transfer services.

Market Infrastructure

EU Agrees to Streamline BMR Authorisation, Registration Rules

By Editors | 15/12/2024

Administrators of benchmarks defined as non-significant in the EU will be removed from the scope of current rules.

Market Infrastructure

FINMA Recognises KRX as Qualified Clearing Organisation

By Editors | 12/12/2024

The recognition means Swiss FIs can receive clearing services from KRX, which has previously been recognized by the CFTC and ESMA.

Securities / Derivatives

Transitioning to T+1 Settlement: Challenges for Europe and Asia 

By Nithya Subramanian | 11/12/2024

DTCC’s Val Wotton discusses how Asia-based firms will be impacted by the transition to T+1 in the UK and Europe.

Market Infrastructure

ESMA Proposes 11 October 2027 for Migration to T+1 Settlement

By Manesh Samtani | 19/11/2024

ESMA says 11 October 2027 is the optimal date for the transition, and that it must be coordinated with other jurisdictions in Europe.

Securities / Derivatives

French, German Banks to Extend Dealings With Indian CCPs

By Editors | 31/10/2024

At the same time, French and German regulators have asked their banks to consider alternate arrangements with local lenders.

Capital / Liquidity

French and German Banks Calling on RBI to Adjust Trading Rules

By Manesh Samtani | 19/09/2024

The existing rules would not be able to accommodate a third-party trading model proposed as a temporary solution to address ESMA’s derecognition of Indian CCPs.

Securities / Derivatives

Indonesia to Establish Money Market CCP by End of Year

By Editors | 19/08/2024

Bank Indonesia and eight banks will invest in and help develop the CCP, which will be housed under IDClear, the CCP for the country’s capital market.

Crypto / Digital Assets

ESMA Addresses Risk of MiCA Breaches by Global Crypto Firms

By Nithya Subramanian | 02/08/2024

ESMA issued an Opinion to help crypto firms avoid breaching MiCA regulations when doing business via overseas partners.