All regulation news

Nigerian tax reform to stimulate “exponential growth” in SBL

04 February 2020 Lagos
Reporter: Drew Nicol

Radical tax reforms introduced in January are set to encourage massive growth in Nigeria's securities lending market by removing a major tax hurdle, says the CEO of the Nigerian Stock Exchange

EU banks to face shock tests

04 February 2020 Frankfurt
Reporter: Natalie Turner

The European Central Bank has begun stress testing banks from 10 euro area countries as part of the European Banking Authority’s annual exercise.

CSDR will harm those it seeks to protect, says ICMA

03 February 2020 London
Reporter: Drew Nicol

ICMA and the Investment Association have reinforced calls for a delay and reforms to the CSDR mandatory buy-in provisions with another letter to the European Commission

LCH wades into CSDR buy-in delay debate

27 January 2020 London
Reporter: Drew Nicol

LCH notes that full implementation of the settlement discipline regime is “widely expected to occur once modifications to the TARGET2-Securities settlement system run by the European Central Bank are tested and complete”

Trade bodies unite to call for CSDR buy-in delay

24 January 2020 Paris
Reporter: Drew Nicol

Fourteen trade associations including ISLA, ICMA and AFME have sent a joint letter to the EU requesting radical reforms to CSDR’s settlement regime to avoid a liquidity crisis in Septemeber

Clearstream’s CSD gains CSDR licence

22 January 2020 Frankfurt
Reporter: Drew Nicol

The German market regulator has granted a CSDR licence to Deutsche Boerse subsidiary, Clearstream Banking

ESMA mulls “enhanced” CCP supervision

16 January 2020 Paris
Reporter: Natalie Turner

ESMA considers enhancing supervisory practices on CCPs

RMA publishes new SFTR reporting contract template

16 January 2020 Philadelphia
Reporter: Drew Nicol

The SFTR Reporting Delegation Agreement aims to provide market participants with a “comprehensive and easy-to-use template” to assist in memorialising reporting services provided by agent lenders to beneficial owners