Europe’s SFTR: Coming to US Shores?

  US securities finance operations and compliance managers had better brace themselves for a US version of Europe’s Securities Finance Transaction Regulation (SFTR), caution industry consultants and market practicioners. So far, US post-trade operations and compliance managers have been spared from dealing with a US equivalent to the onerous SFTR. However, they shouldn’t be lulled into a […]

The impact of a hard Brexit on the financial services industry

27 FEBRUARY 2019

With little over a month until the UK is scheduled to leave the European Union, JDX continues to monitor some of the key challenges which could impact financial services companies in the event of a ‘no-deal’ Brexit.

Many firms will have assessed their readiness for Brexit on the basis of having a transitionary period after 29 March, but we now have to strongly consider a cliff-edge outcome where the UK effectively crashes out of the EU with no formal agreements in place around key areas such as financial services.

MiFID II SI regime for derivatives delayed for a second time until 2020

The systematic inte

Industry opposes regulatory intervention for periodic auctions

Responses from the m

ESMA: Crypto platforms should trade under MiFID II rules

The EU financial regulator has said that certain crypto platforms should trade under MiFID II rules in cases where the crypto-assets being traded qualify as financial instruments under the regulation.

Hayley’s Comment: Misguided intervention

In November

SFTR go live confirmed for Q2 2020

SFTR go live confirmed for Q2 2020

The European Commission has yesterday adopted the measures under the Securities Financing Transactions Regulation (SFTR), effectively setting the go-live date at Q2 2020.

ESMA moves forward with tick size amendment to protect EU venues post-Brexit

The EU financial regulator has moved forward with plans to amend the tick size regime under MiFID II to combat concerns

ESMA welcomes no-deal Brexit central clearing equivalence plans

Brexit adds to the burden

Brexit adds to the burden

Aka – Not another bloody Brexit article

Aka – A look at the Consultation Paper on changes to the FCA handbook