Financial Services Regulation

Group founded 01 Jul 2010
Posts 558
Members 60
Group summary

This network is for financial professionals interested in staying up to date on financial services regulation happening anywhere in the world. CFOs, bankers, fund managers, treasurers welcome.

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ESAs consults on supervision of financial conglomerates

The Joint Committee of the three European Supervisory Authorities (ESAs) has published a consultation on the guidelines to clarify and enhance cooperation between competent authorities on a cross-bord...

11 Apr 2014
Retired Member

EC response on classification of financial instruments

On 20 March 2014 ESMA published the European Commission’s (EC) response (dated 26 February 2014) to ESMA’s letter of 14 February 2014 regarding the classification of financial instruments as derivativ...

11 Apr 2014
Retired Member

ESMA lists authorised CCPs and OTC subject to clearing

derivatives which may be subject to the clearing obligation under EMIR Following the authorisation of Nasdaq OMX Clearing AB as the first EU-based central counterparty (CCP) under the European Market

10 Apr 2014
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PRA explains use of BMA data in Solvency II supervision

The Bank of England has published an article by members of the PRA’s Policy Division on the role of business model analysis (BMA) in the supervision of insurers. This is in the “Topical Articles” sec...

09 Apr 2014
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PRA consults on calculation of technical provisions

The Prudential Regulation Authority (PRA) has published a consultation paper seeking views from general insurers on a draft supervisory statement which sets out the PRA’s expectations in relation to t...

09 Apr 2014
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Securities financing transactions to be more transparent

The House of Commons European Scrutiny Committee has discussed the EU draft Regulation on reporting and transparency of securities financing transactions (SFT Regulation). This details the Government...

08 Apr 2014
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Commission adopts nine RTS under CRD IV

The European Commission has adopted nine directly applicable regulatory technical standards (RTS) required by the Capital Requirements Regulation and the CRD IV Directive (together known as CRD IV). ...

08 Apr 2014
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KRX makes clearing of OTC derivatives mandatory in July 2014

The Korea Exchange (KRX) has started to provide a voluntary clearing service for Korea Won (KRW)-denominated interest rate swap (IRS) contracts to meet the G20 mandate on over-the-counter (OTC) deriva...

07 Apr 2014
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Australian Treasury consults on mandatory clearing

The Australian Treasury Department has released a proposals paper for the mandatory central clearing of interest rate derivatives denominated in USD, EUR, JPY and GBP (G4 currencies). This is the nex...

07 Apr 2014
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Pre-LOU prefixes for pre-LEI issuance published

The Regulatory Oversight Committee (ROC) of the global legal entity identifier (LEI) system has published a document setting out the four digit random number prefixes provided to sponsored pre-LOU sol...

04 Apr 2014
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IOSCO report: regulators’ supervisory powers need enhancing

The International Organisation of Securities Commissions (IOSCO) has published a consultation report on a comparison and analysis of prudential standards in the securities sector. The report highligh...

04 Apr 2014
Retired Member

EIOPA updates submission of information to NCAs

The European Insurance and Occupational Pensions Authority (EIOPA) has updated its questions and answers (Q&As) on the submission of information to national competent authorities (NCAs) in connect...

03 Apr 2014

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