CSDR settlement regime ‘out’ as UK sets new path
The UK has halted compliance with the settlement regime of the European Central Securities Depository (CSDR) rules, which traders had fought hard against, due...
RTS 28 reports dropped as ESMA deprioritises enforcement
Investment firms in the European Union (EU) will no longer be obliged to publish some best execution reports following amendments to MiFID II, with...
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...
Kempen chooses SimCorp Coric for legacy client reporting
By Flora McFarlane.
Dutch asset manager, Kempen, has selected SimCorp Coric for its reporting solutions, replacing its legacy reporting technology, in response to increasing regulation...
SEC forms Fixed Income Market Structure Advisory Committee
By Flora McFarlane.
The Securities and Exchange Commission (SEC) has announced the formation and first members of its Fixed Income Market Structure Advisory Committee.
The committee,...
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...
EC: ESMA should run consolidated tape for fixed income
By Flora McFarlane.
An expert group organised by the European Commission to analyse the European corporate bond market has issued recommendations aiming to make issuance...
Municipal mean reversion
Dealers are now committing more capital in the muni market but future tax reforms threaten buy-side demand. Chris Hall reports.
Is the US municipal bond...
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...
BTMU fined for spoofing in Treasury futures
By Flora McFarlane.
On 7 August the Commodity Futures Trading Commission (CTFC) fined The Bank of Tokyo-Mitsubishi UFJ (BTMU) for spoofing, submitting orders that are...
