Goodbye OTC Hello MiFID II and MiFIR

posted in: General News | 0

Excerpt: New rules agreed under the recast Markets in Financial Instruments Directive (known as MiFID II) and the new Markets in Financial Instruments Regulation (known as MiFIR) are set to revolutionise trading in over-the-counter (OTC) derivatives markets.

The Future: Margining uncleared derivatives

posted in: Published Articles | 0

Excerpt: In September, the Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) released the final framework (“Framework”) for margin requirements for non-centrally cleared derivatives. The Framework is designed to provide guidance to regulators in … Continued

Clearing OTC derivatives

posted in: Published Articles | 0

Excerpt The European Commission’s proposal for a new EU regulation (ti- tled the European Market Infrastructure Regulation) on OTC de- rivatives, central counterparties and trade repositories (EU Regu- lation) was published on 15 September 2010, precisely two years after the … Continued