On November 9, the Chancellor of the UK’s HM Treasury announced its intention to provide equivalence decisions to European Economic Area (EEA) States and Member States of the European Union (EU) that will come into effect at the end of the Brexit transition period (the Announcement).
Continue Reading HM Treasury Announced Equivalence Decisions for EEA and EU Member States
trade repositories
European Commission Publishes Updated Brexit Notice to Stakeholders on Post-Trade
Posted in EU Developments, Financial Markets
On July 14, the European Commission (the Commission) published an updated version of its notice to stakeholders on the consequences of the United Kingdom’s (UK) withdrawal from the European Union (EU) (Brexit) on the EU’s rules in the field of post-trade financial services (the Notice).
Continue Reading European Commission Publishes Updated Brexit Notice to Stakeholders on Post-Trade
ESMA Updates Q&As on CSDR, EMIR, MiFID II and MiFIR
Posted in EU Developments, Financial Markets
On July 8, the European Securities and Markets Authority (ESMA) published updates to a number of Q&As in respect of various European Union (EU) regulations as set out below:
Continue Reading ESMA Updates Q&As on CSDR, EMIR, MiFID II and MiFIR
ESMA Consults on Guidelines for Calculating Positions under SFTR
Posted in EU Developments, Financial Markets
On July 9, the European Securities and Markets Authority (ESMA) published a consultation (the Consultation) regarding draft guidelines (the Guidelines) on the calculation of positions by trade repositories (TRs) under the Securities Financing Transactions Regulation (SFTR).
Continue Reading ESMA Consults on Guidelines for Calculating Positions under SFTR
FCA Publishes New Webpages on SFTR
Posted in Financial Markets, UK Developments
On March 11, the UK Financial Conduct Authority (FCA) published the following new webpages on the Securities Financing Transactions (SFTR):
ESMA Publishes Public Statement on COVID-19 and Reporting Obligations
Posted in EU Developments, Financial Markets
On March 19, 2020, the European Securities and Markets Authority (ESMA) published a public statement regarding the reporting requirements and registration of EU trade repositories (TR) under the Securities Finance Transactions Regulation (SFTR) in light of the recent adverse developments of the COVID-19 pandemic (the Public Statement).
Continue Reading ESMA Publishes Public Statement on COVID-19 and Reporting Obligations
ESMA Issues Consultation on Future Guidelines for Portability Between Trade Repositories
By Carolyn H. Jackson on
Posted in EU Developments
On January 31, the European Securities and Markets Authority (ESMA) published a public consultation (Consultation) on the future guidelines on the transfer of data between trade repositories (TRs) authorized in the European Union under the European Market Infrastructure Regulation (EMIR).
Continue Reading ESMA Issues Consultation on Future Guidelines for Portability Between Trade Repositories