EU

This letter, sent to the European Commission, Parliament and Council, updates policy makers on the status of applications received by national regulators and highlights issues for attention raised during the project’s first year

The consultation document from the BCBS, CPMI and IOSCO puts forward 10 policy proposals designed to improve the resilience of central clearing infrastructure and to enhance transparency and governance in clearing processes

This review, conducted in H2 2022, was based on a review of governance and counterparty credit risk management at 23 organisations involved in trading derivatives and securities financing transactions with non-bank counterparts

In their joint statement, the 11 trade associations call on policymakers to remove the Active Account Requirement and to streamline the supervisory regime for EU-based CCPs across member states

The consultation package provides a framework to guide the activities of service providers under the Regulation on Markets in Cryptoassets (MiCA), which entered into force in the European Union on 29 June 2023

These recommendations aim to contain the impact of large margin changes on clearing participants and their clients, and to prevent contagion of liquidity stresses to other parts of the financial ecosystem

The European Union’s financial markets watchdog has published a guide to post-trade transparency requirements and guidance regarding how to apply commitments under the Markets in Financial Instruments Regulation in a consistent way

The Paris-based securities services business has appointed Jean-Marc Friess and Thomas Durif as co-heads for data and digital services