European Securities and Markets Authority

Clearing & Post-Trade

EU Agrees on ‘Active Account’ Requirement to Boost EU CCPs

By Editors | 08/02/2024

The active account requirement is aimed at reducing the EU’s heavy reliance on London for clearing euro derivatives.

Clearing & Post-Trade

ESMA Withdrawal of Recognition for Dubai CCP Takes Effect

By Editors | 07/02/2024

Dubai Commodities Clearing Corporation’s appeal of ESMA’s withdrawal decision has been dismissed.

ESG Data

EU Agrees Regulatory Approach for ESG Rating Providers

By Sanday Chongo Kabange | 07/02/2024

ESG rating providers will need to be authorised and supervised by the ESMA and comply with transparency requirements.

Cryptocurrency

ESMA Consults on New Guidelines for MiCA Regime

By Editors | 30/01/2024

Third-country crypto firms will be prohibited from soliciting EU clients unless the client is the “exclusive initiator” of the crypto-asset service.

Market Risk

SFC Defers Margin Requirements for Non-Centrally Cleared Equity Options

By Sanday Chongo Kabange | 16/01/2024

The SFC is delaying margin requirements for non-centrally cleared equity options to align with the UK and EU’s timelines.

Reporting & Disclosures

ESMA Consults on Sustainability Reporting Draft Guidelines

By ESG Investor | 19/12/2023

The guidelines seek to establish consistency in and robust approaches to the supervision of listed companies’ sustainability and financial information.

Reporting & Disclosures

ESMA Plans Scrutiny on ESG Disclosure Under BMR

By ESG Investor | 18/12/2023

ESMA will assess compliance with ESG disclosure rules under the BMR to enhance comparability of information provided to users of benchmarks.

Clearing & Post-Trade

RBI, BOE Agree to Cooperate on CCIL Information Exchange

By Manesh Samtani | 03/12/2023

The BOE recognises the “primacy” of the RBI in supervising India-based CCPs and agrees to rely on home country regulation and supervision.

Clearing & Post-Trade

Japan FSA Grants QCCP Recognition to TAIFEX

By Manesh Samtani | 13/11/2023

The QCCP recognition will enable Japanese financial institutions to participate in central clearing of OTC derivatives in Taiwan.