This letter, sent to the European Commission, Parliament and Council, updates policy makers on the status of applications received by national regulators and highlights issues for attention raised during the project’s first year
The ESAs’ original decision was made following the European Commission’s December 2022 inclusion of the United Arab Emirates on its list of high-risk third countries
The Digital Operational Resilience Act is expected to come into effect in January 2025
AFME has issued a response to ESMA's consultation on shortening settlement cycles in the EU
ESMA will launch a CSA with NCAs on ESG disclosures under the BMR
The report measures the effectiveness of NCAs’ supervision of CCPs’ due diligence and review process of clearing members, in line with requirements outlined in EMIR
The Memorandum of Understanding establishes a framework for the Bank of England to place reliance on the Reserve Bank of India’s regulatory and supervisory activities
Through the new Union Strategic Supervisory Priority, ESMA hopes to keep pace with technology and market developments, monitor potential contagion effects of attacks and track disruptions across markets and firms
Charlie Geffen, head of the UK’s Accelerated Settlement Taskforce, updates AST on the group’s progress so far
Market participants offer their predictions for what should be an eventful year
Nicky Dalgleish, vice president of business governance for investor communication solutions at Broadridge, discusses what the ESMA and EBA publication on SRD II means for the industry
Paul Rennison of deltaconX explains why the UPI has become a driver for standardisation and enhanced risk management
XReg’s Siân Jones and Ana James explain that there will be an increase in regulation as the use and significance of digital assets and their underlying technology increases
Andrew Barnett, global head of product strategy at RIMES DATA, says that although technology will play a huge part in future data management solutions, it is not always the silver bullet
Tom Harry of MTS discusses SFTR, the challenges that come with it and what is required from firms involved
Valentino Wotton of DTCC discusses the ways in which derivative markets have become more transparent since the financial crisis
Proposed changes to AIFMD — to be known as AIFMD II — are expected to be approved later this year, having been put forward in draft form last November by the European Commission. Jersey Finance’s Elliot Refson highlights why some jurisdictions are set to fare better from the upcoming Directive more than others
In a post-Brexit world, could Germany take the UK’s crown in gaining the status of the EU financial hub?
Although there are complications, Brexit is yet to slow the growth of Paris’s asset servicing and technological innovation
No nation is an island, and the Polish CSD has post-trade services to cater to all of Central and Eastern Europe, says KDPW’s Iwona Sroka
