European Commission

EC urges industry solution on UTI challenges

The European Commission has said the financial industry - as opposed to regulatory bodies – is better placed to reach an agreement over which counterparty develops the Unique Trade Identifiers (UTI), the alphanumerical code designed to enable trad

Posted on: 01 Dec, 2014
Posted in: Regulation

Collateral squeeze unlikely to materialise

The so-called collateral shortfall is unlikely to be as severe as some market participants initially believed although obtaining high-grade eligible collateral to post as initial and variation margin to central counterparty clearing houses (CCPs)

Posted on: 06 Oct, 2014
Posted in: Operational Risk

Hedge funds urged to start PB financing negotiations now

Hedge fund managers should start negotiations with their prime brokers and scale back on the number of counterparty relationships they have if they want to obtain favourable financing terms as primes look set to curb their financing operations onc

Posted on: 09 Sep, 2014
Posted in: Prime Brokerage

IBOR could help avert a collateral squeeze

Buy-side firms have been urged to embrace the Investment Book of Record (IBOR), a single source of portfolio calculations across asset classes, if they are to avoid a potential collateral squeeze once the mandatory clearing of over-the-counter (OT

Posted on: 01 Sep, 2014
Posted in: Technology

Watered down FTT likely in light of legal challenge, says FOA

The much-maligned EU Financial Transaction Tax (FTT) has suffered a legal setback although it is unlikely this challenge will kill off the proposal altogether.

Posted on: 10 Sep, 2013
Posted in: Regulation

Rejection of bonus caps for Ucits welcomed

The European Parliament’s rejection of proposals to cap Ucits managers’ bonuses and performance fees has been welcomed, although this climb-down is unlikely to be extended to hedge funds.

Posted on: 03 Jul, 2013
Posted in: Regulation

Regulators working on mechanisms to handle CCP failure, says FCA

The head of the UK’s Financial Conduct Authority (FCA) has said global regulators are actively discussing mechanisms in which to handle a potential central counterparty clearing house (CCP) default, although refused to say whether Central Banks wo

Posted on: 26 Jun, 2013
Posted in: Regulation

Pension fund capital requirements scrapped

The European Commission’s shelving of Pillar 1 capital requirements as previously mandated under the Institutions for Occupational Retirement Provision (IORP) Directive will help facilitate continued pension fund investments into hedge funds and o

Posted on: 24 May, 2013
Posted in: Regulation

European Commission and ESMA warned on EMIR equivalency rules by SEC

The European Commission and European Securities and Markets Authority (ESMA) have been urged to be non-prescriptive and more transparent on proposed third-country equivalency rules contained in the European Markets Infrastructure Regulation (EMIR)

Posted on: 16 May, 2013
Posted in: Regulation

Hedge funds lagging on AIFMD reporting provisions, warns AIMA

Hedge funds appear to be lagging behind with their preparations for AIFMD reporting requirements, while regulators have been urged to issue technical guidance for managers impacted by the reporting rules, AIMA has said.

Posted on: 11 Mar, 2013
Posted in: Regulation


Subscribe to European Commission