Gresham, RegTek.Solutions partner on delivering new transaction reporting solution
Transaction reporting solution for buy- and sell-side firms aimed at fulfilling compliance requirements for EMIR, MIFIR, Dodd-Frank.
Regulation
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.
ESMA chair wants objectivity, open minds for crypto-asset regulation
Steven Maijoor also talked down development of a bespoke regulatory regime for crypto-assets during keynote speech in Brussels.
BlackRock urges EU policymakers to protect midpoint trading
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.
FCA chief: MiFID II research rules to save investors £1 billion in five years
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.
UK and US sign post-Brexit derivatives trading and clearing agreement
Regulators have agreed on measures to provide a “bridge over Brexit” for derivatives trading and clearing in the UK and US.
Derivatives trading costs could double in times of market stress
Initial margin could surge by up to 94% for some derivatives portfolios during periods of high volatility, research from OpenGamma finds.
Standard Chartered prepares for $900m fines in UK and US
Standard Chartered said the fines relate to violations of US sanctions laws and financial crime control failures in the UK.
Larger buy-side firms cut research budgets as MiFID II beds in
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 to suspend publication of vital MiFID II calculations in case of ‘no-deal’ Brexit
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.