IFLR's Practice Insight

A service from @iflr_online tracking #finreg uncertainty in the #capitalmarkets

[IFLR's Practice Insight @IFLRInsight]

As the UK and EU review the trading venue perimeter, market participants stress the importance of getting scope right

https://t.co/Sla4n2M2jV

[IFLR's Practice Insight @IFLRInsight]

Although the French presidency has achieved significant progress on a consolidated tape, certain unresolved issues will delay a final proposal by at least a year

https://t.co/swJvvn38AX

[IFLR's Practice Insight @IFLRInsight]

With the UK seeming to favour the competitive model of multiple tapes, views over the best approach differ

https://t.co/nfqd4T6mpt

[IFLR's Practice Insight @IFLRInsight]

Although views differ on the details of how the tape should be developed, low costs to consumers and a robust revenue redistribution model are widely seen as crucial

https://t.co/RbqTWGLRDc

[IFLR's Practice Insight @IFLRInsight]

The latest Wholesale Markets Review package consolidates the UK's eagerness to calibrate secondary markets according to its own needs, regardless of divergence concerns

https://t.co/Lbv0rIrdbf

[IFLR's Practice Insight @IFLRInsight]

There was a lot of nervousness around SMCR when it first came out but the reality has been more subdued
https://t.co/HuFi48sm1n

[IFLR's Practice Insight @IFLRInsight]

SEC real-time part 43 swap reporting goes live

https://t.co/tC5ERXJPWF

[IFLR's Practice Insight @IFLRInsight]

While the UK has said it will delete both RTS 27 and 28, ESMA’s proposal to update RTS 27 has been met with criticism among market participants

https://t.co/uAZZiVePqS

[IFLR's Practice Insight @IFLRInsight]

What is a systematic internaliser? How will the concept evolve in the post-Brexit trading and regulatory landscape?
https://t.co/2aeB7km90p

[IFLR's Practice Insight @IFLRInsight]

A double to a single volume cap. Will it really make any difference?

https://t.co/GSnf7c33Jg

[IFLR's Practice Insight @IFLRInsight]

As the UK maps out its extensive legislative reforms, market participants fear the real Brexit work has only just begun (WARNING: more mountains to climb ahead!)
https://t.co/SYRUu4mEdb

[IFLR's Practice Insight @IFLRInsight]

As COP26 draws to a close, Practice Insight analyses the shortcomings of its finance initiatives

https://t.co/4vD228QI69

[IFLR's Practice Insight @IFLRInsight]

The FCA has released a discussion paper on SDR for asset managers and a new labelling system for sustainable investment products, which sources say decomplexify the EU’s SFDR rules.

#SFDR #SDR #sustainability #sustainabilityreporting #greenfinance

https://t.co/gY84Wlogh7

[IFLR's Practice Insight @IFLRInsight]

#Brexit and #Covid19 have increased market abuse risk in the EU and UK, particularly in Ireland, according to various sources. #MAR #marketabuse #regulation #surveillance #compliance

https://t.co/XO3eqUBKtP

[IFLR's Practice Insight @IFLRInsight]

Sources at ISDA’s 2021 Europe conference spoke of the importance for the EU to
complete its CMU to secure a larger clearing market share #ISDA #CMU #Brexit #clearing #euroclearing

https://t.co/LEaYanxmrQ

[IFLR's Practice Insight @IFLRInsight]

While the new regime aims to separate prudential requirements for banks and investment firms, market participants denounce excessive complexity and a ‘copy-and-pasting’ of CRR/CRD rules.
#prudential #prudentialregime #CRR #CRD #ICMA #capitalrequirements

https://t.co/3QCT6TOnMm

[IFLR's Practice Insight @IFLRInsight]

As the UK and the EU diverge in their Mifid market structure reforms, market participants are hopeful that this time policy makers on both sides of the channel will make evidence-based decisions

https://t.co/Fx29Bqisip

[IFLR's Practice Insight @IFLRInsight]

In the context of heavy criticism and targeted attacks from the authorities on credit-sensitive rates, #Bloomberg's Umesh Gajria, looks back on #BSBY’s path and success since launch.

#BSBY #CSR #USDLibor #SOFR #ARRC #Fed #Libortransition

https://t.co/wrfnKOSRGx

[IFLR's Practice Insight @IFLRInsight]

Why inflation risk is not as transitory as central banks claim

https://t.co/sMcuPkbqst

[IFLR's Practice Insight @IFLRInsight]

Significant progress has been made ahead of #Libor’s phase-out, including on consent solicitations, but a large portion of the bond market will not have transitioned by year-end. #syntheticLibor #bonds #Sonia #FCA #toughlegacy

https://t.co/43lA9DqEvZ