European Securities and Markets Authority (Esma)
Regulators Defend ESG Data Requirements
Disclosures will protect end investors and increase the amount of data on ESG, supervisory authorities said at a public hearing.
This Week: Vanguard, OneMarketData, SS&C, Xignite, Esma, SimCorp, Nasdaq
A summary of some of the past week’s financial technology news.
Esma Guidelines Call for Full Audits of Cloud Providers
The regulator is consulting on outsourcing contract guidance that would give firms and supervisors access to the books and premises of providers.
Scrutiny and Frictions Follow EMS Vendors into Fixed Income
Aggregators are facing resistance from venues and attracting the attention of regulators.
ESG Disclosures Will be a Data Sourcing Headache for the Buy Side
The draft technical standards for the EU's updated disclosures regulation will impact most market participants, analysts say.
This Week: Philippine Stock Exchange, IBM, Cboe, Esma & More
A summary of some of the past week’s financial technology news.
APIs to Help with Regulatory Differences Over Dark Trading
Technologists urged to adopt a more flexible plug-and-play approach using APIs, as concerns grow about the FCA and Esma's differing attitudes toward dark trading.
Tech, Data Concerns Mount as SFTR Deadline Edges Closer
Industry experts voice concerns regarding the drafting of the regulation and the length of time to prepare, particularly as firms are still waiting on guidelines to be published.
Plato’s Planned Platform Could Serve as Precursor to European Consolidated Tape
Industry experts say not-for-profit organization is building a post-trade market data platform that could be a precursor to an EU consolidated tape.
MarketAxess' Trax to Begin Industry Testing for New SFTR Tool
Starting next month the vendor will allow testing for its UTI portal to help with SFTR compliance.
SFTR Preparations Stifled by Data Availability
While the initial go-live date of SFTR is set for early 2020, data availability and legacy processes remain the leading roadblocks.
Industry Steps Up Calls for European Consolidated Tape
Traders in Europe face rising data acquisition costs and increasing regulatory reporting pressures argue that a pan-European consolidated tape is long overdue.
Less Than Half of Trade Reports Match Under EMIR
Data from Esma shows that just 40% of swaps trade reports match under two-sided reporting regime.
Inside the FCA's Brexit Plans: Nausicaa Delfas, Executive Director of International
With over 25 years of experience in law and shaping regulatory policy, Nausicaa Delfas is tasked with one of the biggest challenges of her career yet—tackling Brexit.
Bracing for Data Disruption in a No-Deal Brexit Scenario
In February, UK and EU regulators made announcements expected to shed light on the future of data sharing and alleviate some uncertainty post-Brexit, but industry experts say the latest statements fall short of lifting the real burden on affected firms.
No-Deal Data Pacts Fail to Quell Hard Brexit Fears
UK and EU regulators agree to share data post-Brexit, but trading firms say this doesn’t go far enough.
Bloomberg Gets Dutch Approval for ARM and APA
Authorization enables Bloomberg to continue servicing its EU27 client base following Brexit.
Tradeweb, Bloomberg Gain Dutch Approval Ahead of Brexit
The green light will enable the firms to continue serving their EU27 clients following Brexit.
Bad Education: How to Cure Cynicism Around SI Data
Amelia Axelsen investigates how buy-side cynicism of Mifid II's systematic internalizer regime could be cured through education.
Esma Calls for Unified Crypto Rules in Europe
The EU's market cops have urged the adoption of a unified approach to crypto assets across member states.
DTCC Trade Repository Receives Swiss Green Light
The trade reporting provider will have authorization to serve Switzerland's derivatives market.
Lingering Questions Remain over Mifid II
Nearly one year on from the fundamental changes to Europe’s trading rulebook brought about by Mifid II, its overall impact is still unclear. Although experts talk of greater transparency in the markets, it’s had its share of issues, some of which are…
Regis-TR Files for London Trade Repository Ahead of Brexit
The EU-headquartered trade repository is seeking approval from the FCA to continue servicing its UK clients post-Brexit.
Rimes to Debut New Benchmarks Service
Rimes will be launching a new managed service, called RegFocus BMR Data Feed, to help users adhere to the Benchmarks Regulation.