Europe’s pension fund managers face rising margin costs as EU clearing exemption deadline looms
European pension fund managers are facing rising margin costs thanks to the increased cost of financing additional collateral payments just as the EU’s clearing...
JWG-IT: Buy side overstretched and under-prepared for MiFID II
By Flora McFarlane
According to a new JWG survey, 90% of buy-side firms believe they are at significant risk of non-compliance for the incoming January...
Five dealers select Droit for MiFID II Compliance
By Flora McFarlane.
BNP Paribas, Crédit Agricole CIB, Goldman Sachs, Lloyds and UBS are using Droit Financial Technologies for MiFID II trade compliance infrastructure.
Jo Hannaford,...
Europe’s liquidity rules are holding up… for now
New guidance on fund liquidity has followed redemption concerns in European equity and bond funds, writes Lynn Strongin-Dodds.
The risk that funds are unable to...
CSDR: Settlement ‘discipline’ could punish market liquidity
A regulatory shadow hangs over the market as agencies battle to contain the impact. Chris Hall reports.
As part of the European Commission’s efforts to...
ECB warns ‘dark trading’ may cement bond market fragmentation
A paper by the European Central Bank (ECB), entitled ‘Dark pools in European equity markets: emergence, competition and implications’ has advised firms to be...
Bloomberg: Banks face FRTB data and modelling hurdles
Banks facing challenges in their implementation of the Fundamental Review of the Trading Book (FRTB), the rules issued by the Basel Committee for Banking...
Declaration of dependence
US president to oversee financial institution regulation amid deregulation drive.
Executive orders signed by US president, Donald Trump, have given him oversight of all US...
Volcker repeal plans challenged
Ditching the Volcker Rule would have a limited effect on liquidity, but the enthusiasm for change exists. David Wigan writes.
The Volcker Rule has been...
Major concerns raised about repo
By Flora McFarlane.
Several buy-side practitioners have voiced warnings about the outlook for the ‘broken’ repo market, warning that European regulators needed to address the...
