The European Corporate Debt Private Placement (ECPP) Joint Committee, coordinated by the International Capital Market Association (ICMA), has launched an updated version of the European Corporate Debt Private Placement Market Guide. The guide sets out a voluntary framework for common
Risk management has mutated under AIFMD, causing risk managers to become more involved in the portfolio management process from an ex ante risk perspective. As investors become more educated on the risk function, managers who can demonstrate an independent, robust
The US Commodity Futures Trading Commission (CFTC) and the UK Financial Conduct Authority (FCA) have signed a memorandum of understanding (MOU) regarding the supervision of cross-border regulated firms. The MOU, which was signed by CFTC chairman Timothy Massad (pictured) and
The Bank of England has authorised ICE Clear Europe as a central counterparty (CCP) in accordance with the European Market Infrastructure Regulation (EMIR). In order to be authorised, ICE Clear Europe has demonstrated that the clearing house’s governance, operations, risk
RIMES, a provider of managed data services for the buy-side, has launched RegFocus, a buy-side monitoring and detection solution for the Market Abuse Regulation (MAR). RegFocus is designed to meet regulatory obligations under MAR and many other surveillance regulations, reducing buy-side
Bats Europe has made available for testing on its platform its MiFID II compliant process for order record keeping, which the exchange is proposing as the industry approach to encourage harmonisation. Bats is also making available a range of enhancements
AITEC and the Alternative Investment Management Association (AIMA), the global representative for alternative asset managers, have launched a co-branded Illustrative Questionnaire for Due Diligence of Vendor Cyber Security. The DDQ has been created to streamline the process of conducting due
The European Securities and Markets Authority (ESMA) has published a peer review on the efficiency and effectiveness of European Union (EU) national securities markets regulators’ approval of prospectuses, the disclosure documents prepared by issuers when they want to market their
The UK financial services sector’s infrastructure is chronically unprepared to deal with the regulatory changes that will come as a result of the country leaving the EU, according to financial services management and technology consultancy Brickendon. Compliance and regulatory costs
On 30 June 2016, the European Securities and Markets Authority ('ESMA') is expected to announce further details on the timing and the composition of the third country passport for the first wave of countries that include Guernsey, Jersey and Switzerland.
