ESMA has named three UK central counterparties (CCPs) that will be allowed to provide services in the EU following a no-deal Brexit. The CCPs are LCH, ICE Clear Europe, and LME Clear and have been selected to limit the risk of disruption in central clearing and avoid any negative impact on the financial stability of the EU in the case of a no-deal Brexit. ESMA also supports continued access to UK central securities depositories (CSDs) and is in the process of selecting which ones will continue to be recognised in the EU after a no-deal Brexit.
A-Team Insight Briefs
ESMA Names Three UK CCPs to Offer Services in the EU Following a No-Deal Brexit
Upcoming Webinar: Getting ready for Sustainable Finance Disclosure Regulation (SFDR) and ESG – what action should asset managers be taking now?
Date: 8 June 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Interest in Environmental, Social and Governance (ESG) investment has exploded in recent years, bringing with it regulation and a requirement for buy-side firms to develop ESG strategies and meet disclosure obligations. The sell-side can help here by integrating ESG...
Tableau, a provider of business intelligence and analytics software, is working with capital markets participants to achieve priorities of driving customer growth, ensuring regulatory compliance, using data analytics for business insight, and identifying operational efficiencies. Most recently, it has added business science to its capabilities, democratising data science and providing business users and analysts with...
RegTech Summit APAC will explore the current regulatory environment in Asia Pacific, the impact of COVID on the RegTech industry and the extent to which the pandemic has acted a catalyst for RegTech adoption in financial markets.
Sourcing entity data and ensuring efficient and effective entity data management is a challenge for many financial institutions as volumes of data rise, more regulations require entity data in reporting, and the fight again financial crime is escalated by bad actors using increasingly sophisticated techniques to attack processes and systems. That said, based on best...