Transaction reporting solution for buy- and sell-side firms aimed at fulfilling compliance requirements for EMIR, MIFIR, Dodd-Frank.
Regulatory bodies issue guidance on initial margin rules as industry continues to call for further amendments
Industry bodies including SIFMA, ISDA, ABA and GFMA criticise final initial margin thresholds, recommending raise to EUR/USD 100 billion.
Steven Maijoor also talked down development of a bespoke regulatory regime for crypto-assets during keynote speech in Brussels.
EU policymakers are looking to extend the tick size regime to SIs, periodic auctions and block trading venues, but the buy-side is concerned about the potential impact this could have on trading at the midpoint.
Andrew Bailey told delegates at an event this week that the unbundling of commissions and research payments has been positive for the industry so far.
Regulators have agreed on measures to provide a “bridge over Brexit” for derivatives trading and clearing in the UK and US.
Initial margin could surge by up to 94% for some derivatives portfolios during periods of high volatility, research from OpenGamma finds.
Standard Chartered said the fines relate to violations of US sanctions laws and financial crime control failures in the UK.
CFA Institute report suggests unbundling has not had a positive impact on the industry as budgets decrease, while coverage and quality of research falls.
ESMA prepares for 'no-deal' Brexit with plans to temporarily suspend calculations for vital MiFID II rules including the SI regime, DVCs and bond liquidity.