Topic
Derivatives
747 published works
Banking, Finance and Securities
ISDA Paper on Compliance Requirements under MIFIR
On 9 December 2023, the International Swaps and Derivatives Association published a paper that maps out an approach to post-trade transparency under the revised Markets in Financial Instruments Regulation for…
Administrative and Regulatory
Published in OJ – EMIR 3 and Directive
On 4 December 2024, there was published in the Official Journal of the EU (OJ): Regulation (EU) 2024/2987 of the European Parliament and of the Council of 27 November 2024…
Banking, Finance and Securities
Council publishes text of amending Directive under EMIR 3
By Simon Lovegrove (UK), Floortje Nagelkerke (NL)
On 6 November 2024, the Council of the EU published the text of the draft Directive amending Directives 2009/65/EC, 2013/36/EU and 2019/2034 as regards the treatment of concentration risk arising…
Banking, Finance and Securities
Key regulatory dates in November 2024
1 November UK PRA CP6/24 On 30 April 2024, the Prudential Regulation Authority (PRA) published an occasional consultation paper, CP6/24, which sets out its proposals to make minor amendments to…
Financial Services Observer
CFTC Further Narrows Scope of Relief Under Regulation 4.7 ‘Registration Lite’
By Jeffry M. Henderson, Douglas E. Arend
On Sept. 12, 2024, the Commodity Futures Trading Commission (CFTC) took another step toward limiting the availability and scope of relief provided by CFTC Regulation 4.7 (Reg. 4.7) under the Commodity Exchange…
Tax Talks
Proposed Regulations Issued on Reporting Obligations for Basket Contract Transactions
By Richard M. Corn, Robert A. Friedman, Martin T. Hamilton, David S. Miller, Amanda H. Nussbaum, Gregory Zeien
1. Introduction. On July 12, 2024, the U.S. Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) issued proposed regulations that would classify “basket contract transactions”, which are…
Global Regulation Tomorrow
Commission adopts ELTIF Regulation delegated act
By Claire Guilbert, Simon Lovegrove (UK)
On 19 July 2024, the European Commission adopted a Delegated Regulation supplementing Regulation (EU) 2015/760 with regard to regulatory technical standards specifying when derivatives will be used solely for hedging…
The CLS Blue Sky Blog
Is Mandatory Clearing of Single-Name Credit Default Swaps a Good Idea?
By Randy Priem
In a new paper, I discuss whether mandatory central clearing of single-name credit default swaps (CDS) should be adopted in the United States and Europe — an issue with important…
Global Regulation Tomorrow
Commission consults on draft delegated regulation – OTC derivatives: unique identifier for public transparency
On 12 June 2024, the European Commission (Commission) issued a consultation on a draft delegated regulation that sets out identifying reference data to be used with regard to over-the-counter (OTC)…
The CLS Blue Sky Blog
Examining High Concentration Among Derivatives Intermediaries
By Ilya Beylin
Derivatives are financial instruments used to shift risks, such as fluctuations in interest rates or foreign exchange rates or changes in the value of assets such as stocks, bonds, metals,…