Regulation

Articles

28 Apr 2020 — Leonard Ng

Originally published 20 March 2020, updated 20 April 2020

The EU Short Selling Regulation (Regulation (EU) no. 236/2012) (the SSR) has, since 1 November 2012, regulated short selling and sovereign credit default swaps (CDS) in the EU.
The SSR imposes (i) a net short position reporting requirement for shares and sovereign debt, (ii) a prohibition on uncovered short sales of shares and sovereign debt and (iii) a prohibition on uncovered sovereign CDS.

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5 MINS
17 Apr 2020 — Chris Watts

Since the BIS recommendation for an additional 1 year delay to UMR, where do national regulators stand?

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2 MINS
06 Apr 2020 — Bill Hodgson

ESMA launches a public consultation to crack the uncrackable problem of how pensions funds participate in clearing whilst CCPs only accept cash for variation margin

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3 MINS
31 Mar 2020 — Chetan Joshi

A new regulatory timetable is starting to emerge due to Coronavirus (COVID-19). The recent announcements of a delayed commencement to SFTR (Securities Financing Transactions Regulation) could cause a bottleneck for firms due to timelines clashing with the CSDR (Central Securities Depositories Regulations) and Uncleared Margin Rules (UMR) over the next two years. 

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3 MINS
27 Mar 2020 — Deputy Editor

SteelEye, the compliance technology and data analytics firm, has become an approved LME ISV, passing all conformance tests to offer connectivity directly between LMEselect and SteelEye.

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1 MIN
26 Mar 2020 — Bill Hodgson

Should Phase 5 of UMR be Delayed? The September 2020 deadline isn't far away. Is the impact of the virus a material change to the ability of firms to prepare? Hear what 21 trade associations think.

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5 MINS
23 Mar 2020 — Deputy Editor

Recognising the upheaval caused by COVID-19 on financial markets, ESMA has made a number of announcements -

 

SFTR - It has postponed, by three months, the reporting obligations related to securities financing transactions under the Securities Financing Transactions Regulation and under Markets in Financial Instruments Regulation.

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2 MINS
20 Mar 2020 — Bill Hodgson

Visit the FIA page for a packed collection of statements from exchanges and regulators

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2 MINS
16 Mar 2020 — Bill Hodgson

EMIR Refit defined a new category of firm the NFC- who are obliged to start trade reporting in June 2020

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2 MINS
12 Mar 2020 — Deputy Editor

The European trade repository REGIS-TR is partnering with GLMX to provide a hosted reporting service for Securities Finance Transaction Regulation (SFTR).

Clients will be able to use GLMX’s pre- and post-trade platformand then delegate their reporting to GLMX to report their securities finance transactions to REGIS-TR under SFTR.

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1 MIN
10 Mar 2020 — Deputy Editor

Patrick Ludden joined Kaizen Reporting on March 2nd, as Regulatory Reporting SME and Client Engagement Manager.

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1 MIN
06 Mar 2020 — Deputy Editor

Reval Systems has launched a cloud-based consolidated audit trail (CAT) service for firms trading equities and equity options.

As a registered CAT Reporting Agent, Rival offers CAT support for firms using any trading platform.

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