The EU will soon have in place simplified rules for non-financial counterparties, small financial counterparties and pension funds using financial derivative products.
Strengthening the Banking Union and Capital Markets Union is a key priority in the legislative work pursued by the Romanian Presidency of the Council of the European Union. 12 legislative files on financial services have been closed after long and constructive negotiations with the European Parliament.
Text with EEA relevance.
In both the securities financing market and the over-the-counter (OTC) derivatives market, credit terms offered to counterparties tightened for almost all counterparties between December 2018 and February 2019. Looking ahead, however, a small net percentage of respondents expect price terms to ease for most counterparty types over the next three months, with non-price terms expected to remain more stable.
The European Securities and Markets Authority (ESMA) has issued today the official translations of its Guidelines on EMIR Anti-Procyclicality Margin Measures for Central Counterparties.
The European Securities and Markets Authority (ESMA) has today announced that it has adopted new recognition decisions for the three central counterparties (CCPs) and the Central Securities Depository (CSD) established in the United Kingdom (UK) to reflect the extension to the Article 50 of the Treaty of the European Union (TEU) period to 12 April 2019.