On December 20, ISDA and UK Finance submitted a joint response to His Majesty’s Treasury (HMT), the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) on the reform of the UK European Market Infrastructure Regulation (EMIR).
The paper has been submitted to inform the next stage of the UK’s smarter regulatory framework reform package.
In the response, the associations recommend a small number of clearly defined changes, seek certainty and permanence on current temporary exemptions and request an end to the current dependency on equivalence decisions for certain provisions (for instance, the intragroup exemption).
Documents (1)for Response to HMT, FCA and PRA on UK EMIR
Source: ISDA
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
As Technology Evolves, Asset Managers Adapt and Innovate
https://www.marketsmedia.com/as-technology-evolves-asset-managers-adapt-and-innovate/
Citi Changes Organizational Structure
https://www.marketsmedia.com/citi-changes-organizational-structure/
SEC Charges Virtu for Disclosures Relating to Information Barriers
https://www.marketsmedia.com/sec-charges-virtu-for-disclosures-relating-to-information-barriers/
ICE Futures Singapore Partners with CoinDesk Indices
https://www.marketsmedia.com/ice-futures-singapore-partners-with-coindesk-indices/
Related articles
-
Aim is to provide clearing participants with a data-driven documentation platform.
-
This enhances the ability of investors to access this asset class in a regulated and trusted market structure.
-
CDS has replaced certain legacy clearing and settlement systems & depository and entitlement payments.
-
This will help launch the UK's first regulated & centrally cleared digital asset derivatives trading venue.
-
Fixed Income Clearing Corporation processed a series of record volumes last week.