All regulation news

CSDR consultation is over, ICMA underscores need for mandatory buy-in reforms

02 February 2021 UK
Reporter: Drew Nicol

ICMA has presented a ‘waterfall’ of proposals for implementing the SDR, based on its members’ assessment of what it considers most optimal in terms of minimising disruption to Europe’s bonds markets while still attaining the objectives of CSDR

ESMA updates its SFTR Q&A to clarify reporting rules

01 February 2021 France
Reporter: Natalie Turner

The revised Q&A addresses errors in event reporting, updates to records of outstanding reports by the counterparties and operational aspects of reporting by financial counterparties on behalf of small NFCs

Qomply-Bovill partner for MiFIR reporting solution

01 February 2021 UK
Reporter: Natalie Turner

The partners aim to save firms from FCA fines after 362 firms were found to have submitted errors and omissions in their MiFID II reports between January and the end of October last year.

Congresswoman Maxine Waters: “Predatory short selling of pension funds must stop”

29 January 2021 US
Reporter: Drew Nicol

The chair of the House Committee on Financial Services is launching a campaign to stop “private funds preying on the pension funds of hard-working Americans” in the wake of the GameStop short squeeze

EU accepts US CCP regulatory equivalency

27 January 2021 Belgium
Reporter: Maddie Saghir

Allison Herren Lee, acting chair of the SEC, says: “The EC’s decision is an important first step on the road to providing greater regulatory certainty for CCPs and their members on both sides of the Atlantic"