On 24 November the European Supervisory Authorities (ESAs) released their long (in context) waited forbearance announcement with respect to the margining or not of forward foreign exchange.
An update from the ESAs on their intention to amend the European rules for margin on FX
In our complex, interlinked world with increasing political uncertainty, prediction models are required to answer the question “What happens next” and to allow for the definition of suitable strategies.
With 6 months until GDPR becomes enforceable, time is running short to make the appropriate preparations to be fully compliant with the regulation.
In this interview we hear from Michael Bergfort, employed by a global bank, his views on the past and future of compliance. We also hear Michael's three professional wishes about the market, and how technology could help compliance.
Read about the impacts of SFTR (trade reporting for the fixed income market), and the resources needed to comply.
Free tickets to the biggest FinTech exhibition this year, plus free and discounted conference tickets to OTC Space Readers.
On 4 May 2017, the European Commission published its legislative proposal for the long-awaited review of Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories (‘EMIR’).
A brief spotlight through the fog swirling around the upcoming obligation to exchange margin on forward foreign exchange.
A couple weeks ago, we released an article about the evolving infrastructure in the OTC derivatives industry to support Bitcoin, with the conclusion that much of the plumbing was coming together for institutional sized investment. In industry par
In an on-going series of conversations we have been talking to practitioners in the legal space about their views on how the role of lawyers and their activities are changing.
The European Commission (EC) published their review of the securities finance market on 19th October 2017. This includes a report of the progress in international efforts to mitigate the risks associated with securities finance transac
Notionals in IRD have increased since January, some from OIS which has a larger gross notional than IRS. The uncleared margin rules have boosted FX Clear, and the exchange rate from EUR to USD has appreciated increasing the values. SGX appears to be out of FX clearing, notional dropping to zero, the biggest swing is HKEX who quadrupled their IRD notional.
The Field Effect, a specialist consultancy for securities financing and the leading voice of SFTR solution design, in association with EquiLend & Trax, would like to invite you to hear from securities finance and regulatory reporting SMEs on SFTR.