Tag: EMIR

EU pension scheme report

On 3 February 2015, the European Commission adopted a report in accordance with Article 85(2) of EMIR, assessing the progress and effort made by CCPs in developing technical solutions for the transfer by Pension Scheme Arrangements (PSAs) of non-cash collateral

Posted in CCP, Rules & Regulation, Uncategorised Tagged with: ,

Futurisation of the OTC market

Futurisation of the OTC market   The world of derivatives, particularly over-the-counter (OTC) derivatives, is in a state of change. Prior to the 2008 financial crisis the derivative world consisted of: the OTC markets which traded bi-lateral, customised swap and

Posted in Capital Markets, Clearing & Settlement, Commodity Markets, Exchanges, Operations & Operational Efficiency Tagged with: , , , , ,

“Access rights” in clearing and settlement – are they worth anything?

There is a high level of interest currently in “access rights” in market infrastructures – that is, the right of of one infrastructure to provide a service to its customers based on the service provided by another infrastructure, for example,

Posted in Capital Markets, CCP, Clearing & Settlement, CSD, Exchanges Tagged with: , ,