Regulatory News, Regulatory News - EMEA

Pillar 2 liquidity: Updates to the framework

March 19th, 2019 The PRA have published Consultation Paper 6/19, which sets out proposals for regulatory reporting amendments and clarifications to the Pillar 2 liquidity framework. The proposed changes would be implemented through amendments to: The Regulatory Reporting Part of the PRA Rulebook; (Appendix 1); Statement of Policy (SoP) ‘Pillar 2 Liquidity’ (Appendix 2); Supervisory […]

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ESMA updates their Q&A on MiFIR data reporting

February 4th 2018  The European Securities and Markets Authority (ESMA) has issued today an update of its Q&As on data reporting under the Market in Financial Instruments Regulation (MiFIR). Two new Q&As provide further clarifications in relation to the requirements for submission of reference data under MiFIR relating to the following issues: Reporting the LEI of the […]

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ESMA updates its Q&As on MIFID II and MIFIR Market Structure and Transparency Topics

February 1st 2019  The European Securities and Markets Authority (ESMA) has today updated its Questions and Answers regarding market structures and transparency issues under the Market in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). The new Q&As provide clarification on the following topics: •           APA reports to competent authorities and ESMA; and, •    […]

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ESMA issues Statement to address upcoming EMIR refit Implementation issues

ESMA issues Statement to address upcoming EMIR refit Implementation issues January 31st 2019 The European Securities and Markets Authority (ESMA) has published today a statement addressing EMIR Refit implementation. The public statement addresses issues around the clearing and trading obligations for small financial counterparties and the backloading requirement for reporting entities, ahead of upcoming deadlines, which would […]

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EBA updates list of correlated currencies

January 30th 2019 The European Banking Authority (EBA) updated today the 2018 list of closely correlated currencies that was originally published in December 2013. The list is part of the implementing technical standards (ITS) that were drafted for the purposes of calculating the capital requirements for foreign-exchange risk according to the standardised rules. The list […]

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ESMA UPDATES COMMODITY DERIVATIVES TRANSITIONAL TRANSPARENCY CALCULATIONS FOR MIFID II/ MIFIR

January 22nd, 2019   There has been an update relating to MiFID II/MiFIR transitional transparency calculations for (electricity) commodity derivatives by European Securities and Markets Authority (ESMA). Further details on the revisions can be found on the ESMA website here. Related links: Outline of AxiomSL’s Trade and Transaction Reporting  

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Governors and Heads of Supervision endorse finalised market risk capital framework and Basel Committee work programme

January 15th, 2019   The Basel Committee’s oversight body, the Group of Central Bank Governors and the Heads of Supervision (GHOS), have endorsed a set of revisions to the market risk framework and the Committee’s strategic priorities and work programme for 2019. Further details on the revisions can be found on the BIS website here. […]