Risks to liquidity are high due to the uncertainty surrounding the macroeconomic environment, according to ESMA’s first quarter risk assessment.
Europe's regulator has deemed that European clearing houses will be able to deal with stress scenarios.
With activity dramatically increasing in clearing houses, concerns over the safety and resiliency of central counterparties (CCPs) have been raised.
ESMA stated there is no risk to exchanged traded derivatives in relation to open access.
ESMA found DTCC failed to provide access to derivatives reporting data for a period of nine months in 2014.
Tensions could rise as pressure on obtaining high quality collateral increases, according to ESMA.
ESMA has six weeks to revise the proposals and to submit them to the European Commission.
Rule set to expose investors to currency risks in derivatives transactions.
New paper says anyone running a benchmark should have independent oversight to avoid conflicts of interest.
The majority of buy-side firms, including pension funds, are expected to begin clearing of derivatives from the second half of 2017.