Yearly Archives: 2017

E.U. – ESMA MiFID Post-Trading FAQ

On 14 December 2017, ESMA updated FAQs on the segregation level for indirect clearing. If clearing member default impermissible for CCP to liquidate all collateral recorded in all gross omnibus indirect client accounts together apply resulting sum collectively. So as to cover the losses or enable the netting of positions across different accounts.
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Malta – MFSA Exchange Traded Funds

On 6 December, MFSA proposed rules on listing of exchange traded funds. Encouraged foreign ETFs to list under the National Capital Markets Strategic Plan. Also wished to enable the formation of local ETF listings, to develop liquid market. Listing authority approved introduction of draft rules for listing of ETFs on market. Invited feedback from parties,…
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U.S. – CFTC ICE German Sovereigns

On 13 December, CFTC proposed relief to ICE hold German sovereigns. Exemptive order to derivatives clearing organizations ICE Clear Credit/US/Europe. To invest futures and swap customer funds in French and German sovereign debt. Scope of Investment Expanded the lists of counterparties and depositories that the ICE DCOs may use. CEA S. 4d CFTC Reg 1.25(a)2…
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E.U. – ESMA MiFID Registers January 2018

On 8 December, ESMA update provision of MiFID registers in January 2018. ESMA will provide updated register information, for requirements of MIFIR/MiFID. Interim Register Information Launch on 3 January 2018 will update existing MiFID I registers and supply new ones. ESMA compiles registers based on data provided by EEA from the 3 January 2018. Working…
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