News and Notes

FSB talks CCPs, OTC derivatives, correspondent banking

ESMA publishes updated Q&As on AIFMD and UCITS

ESMA consults on asset segregation and custody services under AIFMD and UCITS

Bloomberg: ICE introduces cleared CDS for the buy-side

ECB bank lending survey: ongoing improvements in lending

FSB: Reforming Major Interest Rate Benchmarks

Bank for International Settlements: Unconventional monetary policies: a re-appraisal

ISDA Publishes Bail-in Article 55 BRRD Protocol

SEC Adopts Additional Rules Related to Security-Based Swap Transaction Reporting

R3-led industry group investigating smart contract templates for blockchain-inspired platforms

EU's Jonathan Hill: "Be brave enough not to regulate"

Basel Committee publishes "Revisions to the securitisation framework"

Fed blog: "How Have High Reserves and New Policy Tools Reshaped the Fed Funds Market?"

Global exchanges and trading firms strongly recommend Basel Leverage Ratio SA-CCR for exchange-traded derivatives

State Street to Pilot GlobalCollateral Ltd’s Margin Settlement Messaging Service

ICMA working to develop African repo markets

Clearstream: "vast majority" of banks ready for T2S

Bank of England: Systemic risk in derivatives markets: a pilot study using CDS data

WFE responds to revised Basel III Leverage Ratio Framework consultation

Federal Reserve Board formalizes previously announced one-year conformance period extension for certain Volcker rule legacy fund investments

Canadian Securities Administrators publish "Margin and Collateral Requirements for Non -Centrally Cleared Derivatives"

Legal and Regulatory Execs at Banks Express Near Universal Concern About Ability To Meet Margin Deadlines, Survey Finds

Lombard Risk raises GBP 8 million

ICMA publishes second study on state and future evolution of the European corporate bond market

FT: BoE backs derivatives leverage ratio rethink

Bloomberg: Europe's ABS Market Is Growing More Mysterious

OCC Securities Lending CCP Activity Up 39 Percent in June and 45 Percent Year-to-Date

US Democratic Party platform draft backs Financial Transactions Tax

Federal Reserve releases results of Comprehensive Capital Analysis and Review (CCAR)

ECB paper: Shadow banking in the euro area: risks and vulnerabilities in the investment fund sector

GE Capital no longer a SIFI, say US regulators

Bank of England Indexed Long-Term Repo operations heavily oversubscribed post-Brexit

ECB's Draghi urges policy alignment across Central Banks

Bank of England: The contractual recognition of bail-in: amendments to Prudential Regulation Authority rules – PS17/16

CPMI-IOSCO publish Implementation monitoring of the PFMI: Third update to Level 1 assessment report

S&P, Fitch downgrade UK credit rating

BIS publishes 2016 annual report

Jonathan Hill resigns from European Commission

ESMA's Steven Maijoor: CCP resolution should focus on loss redistribution

Vanguard: Explaining differences in funds' securities-lending returns

Fed promises liquidity in case of pressures from Brexit

Deutsche Börse and London Stock Exchange Group: no change to merger plan because of Brexit

ISDA Statement on UK Referendum Vote for Brexit

Bank of England statement on Brexit

Implications for ICMA members of the UK vote to leave the EU

Federal Reserve releases results of supervisory bank stress tests

FT: when will the Brexit result be known?

GFMA, ISDA, IACPM and JFMC respond to the Basel Consultation on Internal Risk Models

Data gaps and structural vulnerabilities in the asset management industry: FSB report and IOSCO statement

Fed Governor Powell speech on alternatives to LIBOR