European Securities and Markets Authority (Esma)
Open Platform: Short Sighted on Short Selling
Today, the ban on short selling in the European Union comes into force. It will have potentially harmful effects on market quality, while producing few benefits.
Esma Recommends Use of LEI For Emir
Paris-based regulatory body says that if a global legal entity identifier is available and endorsed by the European Union, it should be used as part of reforms to the over-the-counter derivatives market in Europe. Otherwise, an interim entity identifier,…
Sense and Sensitivity
Although compliance spend is skyrocketing upwards in advance of new regulations, and there are technical revamps involved, a lot of the processes involved are described as common sense by many. Despite this, there's still an element of over-reach to some…
FOA Provides Risk Management Guidelines for ESMA Compliance
The Futures and Options Association (FOA), a pan-industry representative body for firms engaged in the trading of derivatives, has published a set of guidelines aimed at providing granular detail for recent European Securities and Markets Authority (ESMA…
Irish Wealth Manager Davy Implements SunGard's Protegent
SunGard says that Davy, an Irish financial services firm, will implement its Protegent Market Abuse solution, to provide surveillance across equity and bond trading operations.
Race to the Finish as Euro Short-Selling Ban Nears
Firms are considering their strategies over impending regulation for trade practices.
Latest FpML Version Addresses CFTC Reporting Requirements
The latest version of the Financial products Markup Language standard includes new templates for the US Commodity Futures Trading Commission's requirements to report to swap data repositories and for real-time reporting purposes
The Center Ground: CCPs Could Shift—Not Eliminate—Systemic Risk
On July 4, 2012, the Council of the European Union adopted a regulation that will see standardized derivatives contracts in Europe cleared through central counterparties. Designed to reduce systemic risk in the over-the-counter derivatives markets, how…
Fear and Loathing in London
There have been notable industry tech failures recently, but what about the regulators?
ESMA Emphasizes Compliance Under Mifid
European regulator labels compliance function as critical to a firm's operation and mandates resource allocation.
European Council Adopts Derivatives Rules
CCP clearing and trade repository reporting ratified by supranational body.
Back Offices Under Pressure in Drive Toward T+2
Regulators on both sides of the Atlantic are squeezing the settlement process.
Progress Issues Latest Surveillance and Monitoring Release
The new Apama solution has capabilities to support the latest ESMA guidelines, among others.
SEC Combines Supervisory Efforts with Foreign Counterparts
The SEC establishes cooperation arrangements with the European Securities and Markets Authority and the Cayman Islands Monetery Authority.
Real-Time Surveillance: Mission Impossible?
European regulator ESMA wants trading venues to perform market surveillance and abuse monitoring in as close to real time as possible. But is the technology and operational capacity in place to make this initiative work? By Steve Dew-Jones
New Settlement Rules Mandate T+2 in Europe
Europe publishes enhanced regulation for CSDs.
Are Open Standards in Data's Future?
Strapline: Industry Warehouse
New European Fixed Income Market to Launch
The stock exchanges of Ireland and Malta are collaborating on the fixed-income debt securities market.
b-next Moves to Real-Time Surveillance with StreamBase CEP
Market surveillance, thanks to recent regulatory measures, is a critical aspect of operations for all financial services firms. Bodies such as the European Securities and Markets Authority (ESMA) are pushing for this to be performed as quickly as…
A Tale of Two Citadels
The UK declined to sign onto a new European treaty that could redraw capital markets regulation in the EU. By James Rundle