August 2016

'News' ESMA Complete Regulations Catalogue and Dates 24 August 2016 | ESMA Feed

This one came in with an unassuming title, but contains an entire list of regulations from ESMA with all the relevant dates on drafting and approval. Click the link below to get the PDF,


'Articles' The ISDA 2016 Variation Margin Protocol – A Step Too Far? 22 August 2016 | DRS LLP Feed

Introduction On 16 August 2016, ISDA published the “2016 Variation Margin Protocol” (the “VM Protocol”), designed to assist counterparties in amending CSA documentation so as to comply with Working Group on Margin Requirements (WGMR) rules as impl

'Articles' On Net, This Paper Doesn’t Tell Us Much About What We Need to Know About the Effects of Clearing 20 August 2016 | Streetwise Professor Feed

A recent Office of Financial Research paper by Samim Ghamami and Paul Glasserman asks “Does OTC Derivatives Reform Incentivize Central Clearing?” Their answer is, probably not.

'News' 18Aug/Harmonisation of the Unique Product Identifier (UPI) - second consultative report issued by CPMI-IOSCO 18 August 2016 | BIS Feed

The BIS are trying to invent a taxonomy to uniquely name OTC products, not a trivial undertaking, as the unqiueness is itself driven by the attributes of the product.

'Articles' Bipartisan Stupidity: Restoring Glass-Steagall 06 August 2016 | Streetwise Professor Feed
'Articles' Chaos to Clarity - The CFTC STP 10 Minute Rule 04 August 2016 | Kiran Anand

In keeping with my passion and theme of 'Chaos to Clarity', I want to decode CFTC's Straight Through Processing (STP) 10 minutes rule which has gone into effect on August 1, 2016.

July 2016

'News' FCA publishes second consultation paper on the Markets in Financial Instruments Directive II implementation 29 July 2016 | Financial Conduct Authority Feed

The Financial Conduct Authority (FCA) has today published its second consultation paper (CP16/19) on the implementation of the Markets in Financial Instruments Directive II (MiFID II) in the UK.

'Articles' Infrastructure Investment 28 July 2016 | ISDA Feed

Speak to anyone who knows a thing or two about the infrastructure that the modern world is built on – roads, rail, power generation and supply, etc – and they will tell you that often the biggest obstacle to its improvement is the ‘legacy’ issue.