All regulation news - Securities Finance Times

FSB proposes measures to strengthen Too Big to Fail framework in Switzerland

29 February 2024 Switzerland
Reporter: Bob Currie

Following the Credit-Suisse-UBS merger, these steps include strengthening the G-SIB recovery and resolution framework and reinforcing the supervisory framework, invention powers and resources accorded to FINMA

BoE acquires powers to restrict CCP discretionary payments

19 February 2024 UK
Reporter: Bob Currie

The UK central bank now has further powers to limit CCP discretionary payments to employees and shareholders, with these powers limited to five years’ duration and with consideration to be given to their impact on CCP hiring and staff retention

CIRO proposes amendments to fully paid securities lending rules

16 February 2024 Canada
Reporter: Carmella Haswell

The amendments aim to enhance the rule framework regarding retail fully paid securities lending, as well as to address inconsistencies in the existing financing rules

CPMI-IOSCO launch consultation on VM processes in cleared markets

14 February 2024 Switzerland
Reporter: Bob Currie

The consultation report, Streamlining Variation Margin in Centrally Cleared Markets, outlines eight practices for promoting effective VM processes and transparency between CCPs, clearing members and their clients

ESMA clarifies best execution reporting for MiFID II

13 February 2024 Europe
Reporter: Carmella Haswell

Under the reviewed framework, investment firms are no longer required to annually report detailed information on trading venues and execution quality through RTS 28 reports

Basel III Endgame and G-SIB Surcharge may reduce clearing access for SFT and derivatives markets

09 February 2024 US
Reporter: Bob Currie

ISDA’s head of capital Panayiotis Dionysopoulos and head of clearing services Ulrich Karl speak to Bob Currie about the implications of the US Basel III Endgame and G-SIB Surcharge proposals

SS&C Algorithmics enters partnership with Regnology

08 February 2024 US
Reporter: Carmella Haswell

The risk and performance analytics specialist will combine its risk calculations with Regnology's regulatory reports to help clients meet the IRRBB reporting requirements

SEC adopts final rule to redefine securities dealers

07 February 2024 US
Reporter: Carmella Haswell

The adopted rules will further define what it means to be engaged in a business of buying and selling securities “as a part of a regular business”

EMIR Refit ‘data quality’ issues causing concern, says Coffman

24 January 2024 Europe
Reporter: Carmella Haswell

The market is currently preparing for the EMIR Refit implementation which is set to go-live on 29 April 2024 in Europe and five months later on 30 September 2024 in the UK

ESAs publish DORA technical draft standards

18 January 2024 France
Reporter: Lucy Carter

The Digital Operational Resilience Act is expected to come into effect in January 2025

Rise in capital could impact vibrancy of US capital markets, says ISDA

17 January 2024 US
Reporter: Carmella Haswell

The Association warns that an increase in capital requirements for bank trading activities under the US Basel III Endgame could impact the liquidity and vibrancy of US capital markets

Industry regulators issue consultation paper on CCP margining practices

17 January 2024 EU
Reporter: Bob Currie

The consultation document from the BCBS, CPMI and IOSCO puts forward 10 policy proposals designed to improve the resilience of central clearing infrastructure and to enhance transparency and governance in clearing processes