Extra Territoriality



Featured image for “‘Equivalence’ – The Key To Global OTC Swap Reform”

October 11, 2015 - Editor

When I first delved into EMIR back in 2012, the importance of ‘equivalence’ didn’t even cross my mind, least of all how the global bit of all

Featured image for “Weekly Roundup | Regulation & Trading | 26 March 2014”

March 26, 2014 - Editor

European Regulation The Clock Starts Ticking Towards European Mandatory Clearing | OMX Authorised If you haven't already heard, Nasdaq OMX announced they are the first

Featured image for “Weekly Roundup | Best of the Web | 26 March 2014”

March 26, 2014 - Editor

The Clock Starts Ticking Towards European Mandatory Clearing | OMX Authorised If you haven't already heard, Nasdaq OMX announced they are the first European CCP

Featured image for “US IRS volumes – SEF MAT cliff or steady decline?”

February 26, 2014 - Editor

A couple of recent pieces suggested a dramatic downturn in SEF IRS trading in week 1 of MAT.   Such short-term effects may be shown

Featured image for “Weekly Roundup | International & Mixed Regulation | 4 February 2014”

February 6, 2014 - Editor

Progress and Peril: Davie, Dodd, Maijoor, Pirrong and More on the G-20 Reforms Last year was a landmark for the derivatives reforms laid out by

Featured image for “OTC equivalency: A regulatory tug-of-war?”

December 4, 2013 - Editor

On 1 September, ESMA issued its advice to the Commission on declaring countries outside the EU to be equivalent under EMIR.  The good news is

Featured image for “ET call home | Further CFTC prevarication”

December 4, 2013 - Editor

Chairman Gensler recently pushed out guidance that trades booked between two non-US person entities but arranged, negotiated or executed by US personnel would be subject to CFTC

Featured image for “The True Scale of Global OTC Swap Reform”

October 19, 2013 - Editor

  When the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd Frank) was passed back in July 2010, you could be forgiven for thinking

Featured image for “EU buy side firms curtail trading with US bank branches | Another CFTC ET deadline”

October 12, 2013 - Editor

With the SEF October 2 deadline and US government hoopla hogging market attention, another less trumpeted deadline just passed.  The exemptive relief for US bank

Featured image for “The week that was (Dazzling Derivatives; issue of 30th September 2013)”

September 30, 2013 - Editor

Dear all, Back after a refreshing holiday – please receive the latest news digest on the dazzling world of derivatives. From this week onwards I