Europe

Clearing & Post-Trade

ICE Clear Singapore Recognised as Third Country CCP

By Editors | 06/10/2015

Intercontinental Exchange has announced that ICE Clear Singapore has been recognised as a third-country central counterparty in accordance with the European Market Infrastructure Regulation.

Capital Adequacy

Asian Banks Forced to Boost Capital at UK Subsidiaries

By Editors | 06/10/2015

The Bank of England has tightened regulations for foreign banks offering retail services to UK consumers, forcing many overseas lenders to inject more capital into their UK subsidiaries.

Clearing & Post-Trade

Third Country CCP Equivalence Delays Set Back Emerging Markets

By Editors | 04/09/2015

The World Federation of Exchanges has written to the European Commission urging it and other regulators to expedite EMIR equivalence determinations for ‘third country central counterparties’.

Structural Regulation

ESMA Consults on Remaining MiFID Technical Standards

By Editors | 02/09/2015

Regulator publishes consultation paper on the remaining draft implementing technical standards under MiFID II on which it has not yet consulted.

Structural Regulation

New AIFMD Rules Pose a Major Problem for Asian Alternative Funds

By Peter Guy | 27/05/2015

Barriers created by extensive regulatory reforms have forced foreign managers to change their EU marketing plans.

Clearing & Post-Trade

Hong Kong’s SFC, ESMA Sign Central Counterparties Deal

By Editors | 18/01/2015

The Securities and Futures Commission and the European Securities and Markets Authority (ESMA) have agreed to enhance cooperation in overseeing Hong Kong-established central counter parties seeking recognition by ESMA.

Structural Regulation

Private Equity and AIFMD: The Journey Has Only Just Begun

By Editors | 11/11/2014

For non-EU funds marketing into Europe, the AIFMD is a full of potential pitfalls. Managers must get to grips with the complexities of reporting and conquer the confusion that still reigns.

Clearing & Post-Trade

Asia-Pacific Clearing Houses Obtain EU Approval

By Editors | 31/10/2014

Clearing houses in Australia, Hong Kong, Japan, and Singapore have received a go-ahead from the European Commission to clear standardised OTC derivatives for EU-based banks and other market participants as part of reforms in the global derivatives market.

Clearing & Post-Trade

Asia-Pacific Firms Unprepared for Europe’s Short Settlement Cycle

By Editors | 07/10/2014

Most Asia-Pacific companies which trade securities on European platforms were not prepared for a shorter settlement cycle that took effect in Europe on October 6, a study showed.