27 January 2021Switzerland Reporter: Natalie Turner
The Basel committee has proposed technical amendments to the calculation of minimum haircut floors for securities financing transactions to avoid common misunderstandings
“Already concerns have been raised around how these can be adopted and whether they should be the solution for EMIR standardisation,” explains Capco’s Stephen McPherson
As of December, the German private bank has paid €155 million to tax authorities but is putting its former service providers on notice that it does not plan to eat the loses alone
A Rahman Ravelli legal team attempted to apply a habeas corpus defence to their client who is facing charges of cum-ex tax fraud in Germany, but argument was ruled invalid
A London trader facing charges of cum-ex tax fraud in Germany is awaiting a ruling on whether the conclusion of the Brexit means the European arrest warrant against him no longer has any power to extradite him
The commission’s conditional approval of LSEG’s acquisition of Refinitiv also makes Euronext’s successful purchase of Borsa Italiana from LSEG much more likely
OCC and other US market infrastructures spent last week scrambling to decipher how president Donald Trump's executive order aimed at cutting-off funding to the Chinese army via trading in the US would affect the securities lending market
The UK’s Financial Conduct Authority stepped in to avoid disruption in UK-EU derivatives trades following Brexit, in the absence of an equivalency agreement
The collaboration seeks to modernise the “heavily manual process” of navigating corporate actions with a fully automated cross-border proxy voting solution covering European shareholder meetings
