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 […]
Tag: European Market Infrastructure Regulation
Infrastructure Scoping Forum meeting: 8 March 2018
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 […]
Report: Obligations of Central Counterparties and their Clearing Members under Part VII of the Companies Act 1989: 10 October 2016
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 to European Commission & Commodity Futures Trading Commission: Recognition and Supervision of Central Counterparties: 18 March 2016
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 […]
Letter to European Commission: Second Consultation on Draft Regulatory Technical Standards of EMIR: 4 August 2015
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 […]
Report: Clearing Obligation under EMIR (no. 3): 30 January 2015
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
Letter to European Commission: EMIR/OTC-Derivative Contracts not Cleared by a CCP under Article 11(15) of Regulation (EU) No 648/2012: 22 December 2014
A letter from the FMLC to Mr Pearson of the European Commission Directorate-General, Financial Markets, sent 22 December 2014, on legal uncertainties arising from the Draft Regulatory Technical Standards on Risk-Mitigation Techniques […]
Report: EMIR/OTC-Derivative Contracts not Cleared by a CCP under Article 11(15) of Regulation (EU) No 648/2012: 14 August 2014
FMLC report entitled Discussion of legal uncertainties arising from the draft regulatory technical standards on risk-mitigation techniques for OTC-derivative contracts not cleared by a CCP under Article 11(15) of Regulation […]
Report: Client Monies/Response to FSA: 19 February 2013
FMLC report entitled Response to the FSA Consultation Paper entitled “Client assets regime: EMIR, multiple pools and the wider review” (CP12/22), published 19 February 2013. Available as: PDF
Report: The European Market Infrastructure Regulation: 5 October 2011
FMLC report entitled The European Market Infrastructure Regulation, published 5 October 2011. Available as: PDF