Post-Trade
UK clearing house applies for equivalence with European Securities and Markets Authority.
Europe
UK will not throw away European financial regulations after departing European Union according to UK economic secretary.
Regulation
CFTC's Giancarlo stated stricter rules on overseeing non-EU clearing houses will damage US derivatives markets.
Regulation
ESMA's Steven Maijoor has welcomed proposals to impose stricter controls on UK CCPs clearing euro-denominated derivatives.
Regulation
The CFTC has extended its exemption from the uncleared margin rules for US firms doing business in Europe.
Regulation
Kay Swinburne will lead the European Parliament’s team on CCP recovery and resolution.
Regulation
Law firm Linklaters anticipates the rules could come into force by mid November if the EC accelerates implementation.
Regulation
Equivalency will ease the capital cost for European banks doing business with US CCPs.
Regulation
Delays to implementing margin rules for uncleared derivatives could run the risk of fragmentation and regulatory arbitrage.
Regulation
Markus Ferber has stated London will be less attractive to do business if it does not comply with EU regulation.