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Regulatory Standards European Markets Infrastructure Regulation European Securities and Markets Authority (ESMA)

Proskauer Rose LLP

Regulation Round Up - May 2024

Proskauer Rose LLP on

Key developments in May 2024: ESG: The Financial Conduct Authority (“FCA”) updated its webpage on the sustainability disclosure requirements (“SDR”) and investments labelling regime. Among other things, the webpage has been...more

Orrick - Finance 20/20

ESMA Practical Guidance on its Recognition of Third Country CCPS

Orrick - Finance 20/20 on

European Securities and Markets Authority (“ESMA”) has published practical guidance on the recognition by it of third country central counterparties (CCPs) under EMIR (ESMA/2016/365). The guidance is dated March 17, 2016....more

Orrick - Finance 20/20

European Commission Adopts Delegated Regulation Relating to EMIR Clearing Obligations for Certain Credit Derivative Contracts

On March 1, the European Commission adopted a Delegated Regulation supplementing the European Union regulation on derivatives, central counterparties and trade repositories (“EMIR”). EMIR requires mandatory clearing of...more

Orrick - Finance 20/20

EBA Releases Key Information on EU G-SIIs

On July 28, the European Banking Authority (EBA) published a chart setting out the key metrics used to identify global systemically important institutions (G-SIIs) in the EU. The chart contains information on the size,...more

Eversheds Sutherland (US) LLP

Mandatory Clearing in Europe May Still Be “A Ways Off”: ESMA Responds to Proposed Amendments on Interest Rate Swaps Clearing RTS...

The Dodd-Frank Wall Street Reform and Consumer Protection Act’s mandatory clearing requirement for interest rate swaps and certain credit default swaps has been in place for quite some time. However, the clearing requirement...more

Orrick - Finance 20/20

ESMA Final Draft RTS for Central Clearing of Interest Rate Swaps under EMIR

Orrick - Finance 20/20 on

On October 2, the European Securities and Markets Authority (ESMA) published a report containing final draft regulatory technical standards (RTS) for the central clearing of interest rate swaps (IRS) under EMIR. ...more

Orrick - Finance 20/20

ESMA Consults on Non-EU Counterparties OTC Derivative Transactions

Orrick - Finance 20/20 on

On July 17, the European Securities and Markets Authority (ESMA) launched a consultation on draft regulatory technical standards (RTS)....more

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