European Securities and Markets Authority (Esma)
Esma backtracks on indirect clearing
Final rules remove two controversial proposals, but revive regulators' concerns about access to clearing for small firms
Indirect clearing to be overhauled in final Esma rules
Indirect clearing will not be compulsory, sources say – and a controversial 30-day guarantee for indirect clients will also be removed
Esma sidelined consultative group during rule-writing
Industry group was not convened as Esma drew up draft clearing rules
Unclear on clearing in Germany
Unclear on clearing
Esma levels ETF playing field
Levelling the field for synthetic ETFs
Retail structured products pose systemic risk, concludes report
Retail structured products pose systemic risk, concludes report
Industry slams 'unworkable' Esma proposals on indirect clearing
Clearing members would be forced to guarantee trades executed by their clients' clients - on terms the member firms have not agreed
Pressure mounts on Esma over clearing exemption
Responses to Esma's draft technical standard on Emir call for the agency to clarify its position on forex clearing - with some suggestion NDFs could be exempt
New Esma ETF guidelines change the rules on securities lending in favour of synthetics
The latest European Securities and Markets Authority guidelines for Ucits ETFs will make life more difficult for physically backed ETFs and point to a growing acceptance of synthetic funds
House of Lords committee chair warns of Mifid liquidity costs
Transparency and own-capital ban for OTFs could interfere with “free flow” of market, says Lord Harrison, chair of a House of Lords committee that yesterday warned of fundamental flaws in Europe’s Mifid review
CCPs wary of covered bonds despite Esma proposal
LCH.Clearnet and Eurex will not accept own-name covered bonds as collateral, despite green light from Esma
CCP recovery and resolution: New tools, but no rules
Apocalypse never?
A fragmented market with unfinished rules – but reporting deadline looms
All together now?
UBS anticipates RDR and Esma regulations with mammoth ETF splurge
UBS lists 64 exchange-traded funds on the London Stock Exchange in a single day – the largest ever daily listing of these products in the UK
ETFs under the microscope
Under the microscope
Esma: making time for ETFs
The July 2012 issue of ETF Risk covers regulation, liquidity risk and tracking error
ETF tracking error conundrum
Tracking error conundrum
Sponsored webinar: Regulation
ETF Risk: Industry anticipates Esma
Securitisation market seeks SPV clearing carve-out
Securitisation would be "a lot less viable" if SPVs do not qualify for clearing exemption, says Isda
FSA warns on ETPs but omits to mention tracking error and hidden costs
A UK Financial Services Authority factsheet warns of risks relating to collateral and third-party involvement in exchange-traded products
Isda 27th Annual General Meeting Chicago 2012
End in sight?
Managing the regulatory patchwork to ensure global consistency
Managing the regulatory patchwork