Industry continues push for standardised EMIR derivatives reporting
Reporting of derivatives transactions under EMIR has proved problematic for firms and regulators, as trade groups call for a standardised approach.
Tag: EMIR
Financial industry will need to find $100bn of unrecognised assets to meet collateral requirements
A new study found the two-way initial margin rules for non-cleared derivatives will also result in a collateral shortfall of $60 billion alone.
ESMA rebukes FCA for poor handling of derivatives data under EMIR
The FCA has disputed a peer assessment that its analysis and integration of EMIR data in its supervisory approach is not meeting expectations.
FCA assures ‘pragmatic approach’ to MiFID & EMIR reporting supervision as Brexit looms
Firms have been urged by the FCA to take reasonable steps to prepare with post-Brexit MiFID and EMIR reporting requirements.
European regulators urged to remove transaction-level reporting for ETDs under EMIR
FIA has said firms should be required to submit position reports for ETDs under EMIR, rather than transaction-level details.
LSEG’s UnaVista TRADEcho gains approval for EU and UK reporting
UnaVista TRADEcho will provide MiFID II and EMIR reporting in the EU and the UK.
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 approves DTCC’s trade repository as Bloomberg withdraws registration
DTCC gained approval back in 2013, along with counterparts Regis-TR, UnaVista, CME and ICE.
Europe to recognise LCH, ICE & LME as CCPs in ‘no-deal’ Brexit
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.