Featured Product

    EC Consults on Further Reducing Barriers to Post-Trade Services

    August 23, 2017

    EC launched a public consultation on how to improve post-trade services used in financial transactions, including clearing, settlement, and collateral management. The public consultation seeks to gather views on a range of issues, such as the state of post-trade markets, the key trends and challenges faced by post-trade services providers and users, and the best ways to remove barriers, including through financial technology. The consultation closes on November 15, 2017.

    As part of the Capital Markets Union Action Plan, EC is reviewing progress made in removing barriers to post-trade market infrastructure. On an average, cross-border trades remain more expensive than domestic trades and a more efficient post-trading environment could reduce such costs. In February 2016, as part of its review, EC created the European Post-Trade Forum (EPTF), which published a report assessing the evolution of the EU post-trade landscape and progress in removing barriers in May 2017. The results of this consultation will contribute to a Communication on post-trade, which is planned for the end of 2017 and to future legislative reviews.  


    Related Links

    Consultation and Response Form

    EPTF Report

    Capital Markets Union Action Plan

    Comment Due Date: November 15, 2017

    Keywords: Europe, EU, Securities, Post-Trading, Capital Markets Union, Action Plan, FinTech, EC

    Related Articles
    News

    OSFI Publishes Instruction Guide on Solvency Information Return

    OSFI published an instruction guide to assist administrators of pension plans in completing the Solvency Information Return that is required to be filed with OSFI.

    January 17, 2020 WebPage Regulatory News
    News

    EU Amends IFRS 9 Rule, Changes Concern Interest Rate Benchmark Reforms

    EU published Regulation 2020/34 regarding the International Accounting Standard (IAS) 39 and International Financial Reporting Standards (IFRS) 7 and 9.

    January 16, 2020 WebPage Regulatory News
    News

    FDIC and OCC Issue Statement on Heightened Cyber Security Risk

    In response to the heightened cyber-security risk facing the financial services industry and other critical business sectors, FDIC and OCC issued an interagency statement on heightened cyber-security risk.

    January 16, 2020 WebPage Regulatory News
    News

    BCRA Updates Regulation on Capital Requirements and Information Regime

    BCRA updated the rules on minimum capital requirements for financial entities and on certain aspects of the information transparency regime for quarterly and annual supervision.

    January 16, 2020 WebPage Regulatory News
    News

    BoE and FCA Outline Next Steps for LIBOR Transition in 2020

    BoE, FCA, and the Working Group on Sterling Risk-Free Reference Rates (RFRWG) have published a set of documents that outline the LIBOR transition priorities and milestones for 2020.

    January 16, 2020 WebPage Regulatory News
    News

    BIS to Expand Central Bank Membership

    BIS is to expand its central bank membership base and to increase collaboration in its work as a forum for international cooperation and as a hub for central banks and other financial authorities.

    January 14, 2020 WebPage Regulatory News
    News

    EIOPA Issues Technical Specifications for Market and Credit Risk Study

    EIOPA published the technical specifications, including instructions, for the market and credit risk modeling comparative study for year-end 2019.

    January 13, 2020 WebPage Regulatory News
    News

    FED Publishes FAQs on Tailoring Rules for Banks

    FED released a letter announcing the publication of an initial set of frequently asked questions (FAQs) in response to questions from institutions.

    January 13, 2020 WebPage Regulatory News
    News

    IA of Hong Kong Publishes Stress Testing Scenarios in Relation to ORSA

    IA of Hong Kong published the prescribed scenarios for stress and scenario testing to be used by the authorized insurers conducting general insurance business.

    January 13, 2020 WebPage Regulatory News
    News

    ISDA Paper Examines Legal Aspects of Smart Contracts Using Blockchain

    ISDA published a paper that discusses legal aspects of smart derivatives contracts that use the distributed ledger technology (DLT), which is also commonly known as the blockchain technology.

    January 13, 2020 WebPage Regulatory News
    RESULTS 1 - 10 OF 4505