HM Treasury is conducting a review The Financial Services and Markets Act 2000 (Over the Counter Derivatives, Central Counterparties and Trade Repositories) Regulations 2013 which had implemented EMIR in the U.K. The review might propose changes to Part VII of the Companies Act 1989.
A substantial volume of financial instruments denominated in the currencies of Members States are currently cleared by central counterparties (“CCPs”), established in, and regulated by, Third Country CCPs on the […]
On 8 March 2018, members of the Infrastructure Scoping Forum met for the first meeting of 2018. The meeting was chaired by John Ewan. On the agenda were topics such […]
This FMLC report—entitled The Obligations of Central Counterparties and their Clearing Members under Part VII Companies Act 1989: Issues of legal uncertainty which may arise in the context of proprietary […]
Letters—written jointly by the Financial Markets Law Committee and the Committee on Capital Markets Regulation—to Chairman Massad of the Commodity Futures Trading Commission and Lord Hill and Mr Guersent of […]
FMLC report entitled Issues of Legal Uncertainty Arising in the Context of Indirect Clearing of Exchange Traded Derivatives, published 22 December 2015. Available as: PDF
A letter from the FMLC to Mr Faull of the European Commission Directorate General Financial Stability, Financial Services and Capital Markets Union, sent 4 August 2015, responding to the second […]
FMLC report entitled Response to the European Securities and Markets Authority Consultation Paper on the Clearing Obligation under EMIR (no. 3), published 30 January 2015. Available as: PDF