The EU Commission has recently adopted a package of measures aimed at further integrating EU capital markets, ‘CMU and digital finance’ including a CMU statement taking stock of what has been done and what remains to be done on 4 legislative proposals: 2021 Capital Markets...
From Thetradenews.com: Euronext to cut ties with LCH and move clearing to Italian CCP following merger Earliest date for derivatives clearing deal to end is 2024 under the 10-year deal signed in 2017, as LCH shrugs off impact of the break-up on its business. By Jonathan Watkins. Euronext’s...
ESMA seeks stakeholder input on shaping advice on retail investor protection. ESMA has published a call for evidence on a number of retail investor protection topics under MiFID II. These views will feed into ESMA’s technical advice to the European Commission (EC) on the development of...
ESMA to focus on supervision, sustainability, digitalization and the Capital Markets Union in 2022 The European Securities and Markets Authority (ESMA) published its 2022 Annual Work Programme (AWP), setting out its priority work areas for 2022: AWP 2022. Key areas of focus include: o the exercise of new,...
ESMA recently issued a consultation paper on the review of the Short Selling Regulation (SSR). In the consultation paper ESMA conducts a systematic review of the provisions of the SSR. Among other things ESMA sets out suggestions for operational improvements and policy clarifications on: The calculation of net...
ESMA recently issued a consultation paper setting out proposals for improvements to the MiFID II framework on best execution reports. Article 27 of MiFID II sets out best execution requirements which aim at ensuring that investment firms take all sufficient steps to obtain, when executing client orders, the...
Nine industry associations (AFME, AIMA, EAPB, EBF, EFAMA, FIA, ICI Global, ISDA, SIFMA AMG) – representing the broadest group of market participants – have written to European Commissioner Mairead McGuinness, respectfully requesting that the European Commission (EC) extend the EC equivalence decision for UK CCPs. This...
The European Commission has adopted its second annual Strategic Foresight Report. The communication presents the EU’s perspective on open strategic autonomy in a contested global order. It discussed the impact of Brexit, digital currencies, and instant payments. In the report, the Commission has highlighted 10...
ESAs highlight risks in phasing out of crisis measures and call on financial institutions to adapt to increasing cyber risks. The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) issued their second joint risk assessment report for 2021. The report highlights the increasing vulnerabilities across the...
En tant que représentant et porte-parole du secteur financier, Febelfin contribue à développer avec ses membres un système bancaire social et transparent. Nos innovations vont des investissements durables à la diversité du personnel bancaire en passant par les paiements mobiles utilisables partout et en tout temps. Febelfin...
