Europe
As UK and European regulators clash over post-Brexit share trading rules, it could spell further divergence for post-trade arrangements.
Europe
ESMA has been making plans to prepare for a ‘no-deal’ scenario ahead of Brexit, with disruption to clearing being one of the biggest concerns.
Regulation
ESMA will publish its findings on periodic auctions in the coming months and will make a decision on whether to recommend changes to how they operate.
Post-Trade
ICE Clear Europe and BME Clearing faced minor shortfalls, but overall EU CCPs passed the stress test.
Post-Trade
ESMA has urged national regulators to improve their oversight of default testing procedures for clearing houses.
Regulation
ESMA's Steven Maijoor has welcomed proposals to impose stricter controls on UK CCPs clearing euro-denominated derivatives.
Post-Trade
Economic benefit of using CCPs for repo trades should be weighed against need for increased margin, says OFR.
Post-Trade
Clearing volumes for interest rate derivatives increased 25% over 2016, spurred by regulation and the migration to new cleared products.
Regulation
The EC has proposed a new recovery and resolution toolkit for potential failing CCPs.
Technology
The start-up aims to use blockchain technology to replace clearing houses and remove intermediaries between trades.