14 June 2013Brussels and New York Reporter: Georgina Lavers
The European Association of CCP Clearing Houses (EACH) is urging regulators to exempt CCPs from the bail-in provisions of the banking recovery and resolution framework proposal...
The Chicago Board Options Exchange will pay a $6 million penalty and implement major remedial measures for “[failing] to enforce or even fully comprehend rules to prevent abusive short selling”...
The Bank of England has released a new article on central counterparties in light of its new responsibilities for the supervision of securities settlement systems and CCPs in the UK...
ISLA has responded in full to the Financial Transaction Tax, with stern implications that the tax as proposed would “close down” the securities lending market...
The EU’s new short selling regulation has had a positive effect on market transparency and reducing the risk of settlement failure in Europe, but adjustments do need to be made, the European Securities and Markets Authority has found...
Indian regulator SEBI announced that it will increase the number of stocks allowed to be borrowed and lent, in efforts to ramp up the securities lending market in the country...
A UK challenge to the extended authority of the European Securities and Markets Authority under the EU Regulation on Short Selling will be heard in the Court of Justice of the EU on 11 June...
A paper from the ICMA’s European Repo Council explains the importance of collateral whilst highlighting how the proposed Financial Transaction Tax (FTT) would impact its movement...
Greece's capital markets regulator has decided to extend its ban on short selling until the end of July, stating that the decision was due to the country’s recapitalisation plan...