European Securities and Markets Authority

Clearing & Post-Trade

ESMA Recognises NSE IFSC Clearing Corp as Third Country CCP

By Editors | 02/07/2019

The recognition ensures European participants can apply lower risk to trade exposures to NSE IFSC Clearing Corporation and thus benefit from lower capital requirements.

Clearing & Post-Trade

ESMA Recognises India ICC as Third Country CCP

By Editors | 15/05/2019

The recognition gives India ICC QCCP status across the European Union. QCCP members are subjected to lower capital requirements/charges under Basel III.

Structural Regulation

FCA, ASIC Ensure Post-Brexit Continuity, Cooperation

By Editors | 08/04/2019

The FCA and ASIC have signed MoUs on trade repositories and alternative investment funds, and adopted existing equivalence decisions on their supervisory and regulatory regimes.

Clearing & Post-Trade

ESMA Urges Readiness for End-May EMIR Refit Adoption

By Manesh Samtani | 01/04/2019

Counterparties should start collecting the data they will need in May to perform calculations to determine whether they are subject to the clearing obligation.

Clearing & Post-Trade

UPDATED – Bank of England Grants Recognition to Indian Clearing Corporations

By Editors | 20/03/2019

The Metropolitan Clearing Corporation of India is the first Indian clearing corporation to receive recognition from under the UK’s temporary recognition regime.

Data Privacy

IOSCO Members, ESMA Can Exchange Information Post-GDPR

By Editors | 15/02/2019

A decision by the European Data Protection Board will enable the continued sharing of information between ESMA and securities regulators outside the EU, in compliance with GDPR.

Clearing & Post-Trade

KRX May Face CFTC Penalty for Violating CCP Rules – Report

By Editors | 21/12/2018

Korean media reports indicate the CFTC may take action against KRX as early as this month in response to its failures to comply with regulations for CCPs.

Clearing & Post-Trade

European Commission Unveils No-Deal Brexit Contingency Plan

By Manesh Samtani | 21/12/2018

The 14-point plan includes conditional equivalence for UK CCPs and CSDs as well as delegated regulations to facilitate the novation of OTC derivatives contracts.

Clearing & Post-Trade

European Commission Drafts Decision on UK Clearinghouse Equivalence

By Manesh Samtani | 13/12/2018

The European Commission’s draft provides the legal means to grant UK clearinghouses equivalence rights in the EU for 12 months in a no-deal Brexit scenario.