The European Commission says the decision will give financial market participants time to reduce their "excessive" exposures to UK-based CCPs.
September 25, 2020Foreign banks in Hong Kong that are unable to become full clearing members can use the 'Sponsored Settlement Member' model to access central clearing via OTC Clear.
August 31, 2020March and April volatility exposed operational inefficiencies for trading counterparties that have yet to automate their collateral management processes, says DTCC's Purtini Joshi.
August 4, 2020Stress testing is a crucial tool within a CCP’s toolbox for ensuring the stability, safety, and resilience of the financial market, says a new paper from CCP12.
August 4, 2020Banks, investment firms, CSDs and CCPs started reporting securities financing transactions to approved trade repositories on Monday.
July 14, 2020Cabinet-approved legislative revisions will introduce an OTC derivatives reporting requirement, a licensing system for trade repositories, and penalties for circumventing margin rules.
July 3, 2020CPMI and IOSCO have asked CCPs to address a number of issues related to default management auctions within 24 months.
June 27, 2020The HKMA and SFC will remove one entity that no longer conducts OTC derivatives business as its institutional services are now being provided by BofA Securities Inc, a new FSP.
June 25, 2020Under the new approach, third-country CCPs that are not deemed systemically important will only be subject to basic ESMA supervision, relying on 'comparable compliance'.
June 15, 2020The framework details the oversight objectives, supervisory processes and assessment methodology the RBI will apply to financial market infrastructures and retail payment systems.
June 14, 2020