Tag: European Commission

European Commission acts on Bourse Consult Report

The European Commission has now acted to extend the transitional relief for EU pension funds, a decision informed by the report commissioned by the EC from Bourse Consult and Europe Economics (see posting of 4 February), which assessed the potential

Posted in CCP, Clearing & Settlement, Rules & Regulation Tagged with: , , ,

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: ,

Carbon market crisis: round-up of recent developments

This post provides a round-up of developments in the carbon market infrastructure since the crisis broke in January: the reopening of some registries; resumption of trading at some exchanges; and some legal and regulatory developments

Posted in Carbon Markets Tagged with: , , ,

Crisis deepens in the carbon market

It is a recurring theme in this commentary that the success of a trading market depends on having robust and reliable post-trade processes. It is hard to imagine a clearer illustration of this principle than the crisis currently affecting the

Posted in Carbon Markets Tagged with: , ,

The European Commission proposes legislation for CSDs

The European Commission yesterday published a consultation paper on harmonising Central Securities Depositories (CSDs) and other aspects of securities settlement across Europe. These proposals were expected, since – together with the proposals for central counterparties (CCPs) and for securities law

Posted in Clearing & Settlement, CSD, Rules & Regulation Tagged with: , , ,