UK-based trade repositories may be forced to shoulder additional third-party recognition fees to operate under EU regulatory frameworks post-Brexit, according to proposed EU Commission rules
The Central Bank of Ireland’s director of policy and risk has confronted industry concerns around stringent collateral re-use and “arbitrary” fee splits for UCITS funds at a roundtable discussion
Of the 18 respondents to ESMA’s study, five aligned themselves with ESMA in calling for standardisation of haircut rules for MMFs engaging in reverse repo trades, while six others emphasised the need for flexibility
