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19 Feb 2019
This past fall, Phase 3 of initial margin reform came into force. All firms holding more than $1.5 trillion USD in notional in uncleared derivatives were required to post margin in a manner compliant with the rules of a new global margining framework. This new framework, passed by regulators in all major jurisdictions, is composed of stringent rul...
19 Oct 2017
Investment managers and brokers both lose unless they resolve differences by the MiFID II deadline Repapering of terms under MiFID II is potentially a massive problem for the buy-side. This issue is often overlooked as asset managers typically rely on their sell-side partners for support. Broker-dealers and banks provide trading strategies, liquid...
27 Sep 2017
Getting re-papered under the terms of MiFID II will test the relationships between dealer and asset manager. All the terms of business, policies and procedures that banks and broker dealers have with clients will need to be reassessed and likely repapered under the terms of MiFID II. As the regulation reaches new asset classes, requiring unpreceden...
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12 Jul 2017
With the clock counting down to MiFID II compliance, impacted dealers and other financial institutions are steamrolling ahead to prepare. Regulatory change management leads within these firms face multiple workstreams in managing the path to becoming compliant with the wide-encompassing Directive. In managing timelines to adherence, dealers shoul...