News and Notes

Bank of England: Fixing the global financial safety net: lessons from central banking – speech by Minouche Shafik

Steven Maijoor gives ISDA keynote speech: Clearing the Way Towards an OTC Derivatives Union

ISDA Launches New Industry Initiative for a Derivatives Product Identification Standard

Basel Committee: big banks on track for LCR requirements

EquiLend and Eurex Clearing to Cooperate in Securities Lending

Big US banks agree US$1.865 billion settlement in CDS case

Bloomberg: EU Weighs Transaction Tax as France Pushes for Wider Base

The Real Solution to Interest Rate Futures: Research by Next Level Derivatives, Bart Chilton, and OTC Partners

IOSCO publishes review of Implementation of Incentive Alignment Recommendations for Securitisation

Euroclear Opens Gateway to China Domiciled Funds

ICMA European Repo Council Meeting announced for October 14 in London

Bloomberg: Structured-Note Ban in FSB Bank-Crisis Rule Has ‘Strong’ Backing

JPM via the FT: Europe’s banks could need €26bn in extra capital

RMA, ISLA and PASLA submit a comment letter to the Financial Stability Board

ISLA publishes response to ESMA consultation on CSDR

ISLA publishes September 2015 Market Report

Options Clearing Corp seclending volume up 27% in August 2015 over August 2014

ECB expands collateral acceptance to non-marketable debt instruments with credit guarantees

Monte Titoli migrates successfully to T2S

ESMA consults on review of EMIR standards relating to CCP client accounts

Bank regulators consider easing Leverage Ratio requirements

Simcorp: majority of buy-side firms are processing complex swaps manually

ASIFMA and ICMA publish a guide to repo in Asia

WSJ: The Hot Thing for Wall Street Banks: Capital-Relief Trades

Reuters: U.S. banks moved billions in trades beyond CFTC’s reach

CPMI and IOSCO: Harmonisation of the Unique Transaction Identifier consultation paper

SS&C Acquires Citi’s Alternative Investor Services Business

ESMA recommends changes to EMIR framework

PwC Report Reviews State of Global Financial Market Liquidity

Markit to acquire CoreOne Technologies

Fidelity Information Systems to purchase SunGard Data Systems

Bank of England’s Carney to George Osborne: Bank may need to adjust regs

ISLA response to ESMA consultation on CSD Regulation buy-in process

ESMA advises Commission on implementation of CSD Regulation

Bloomberg: Is Basel IV coming?

Europe passes rules mandating central clearing for OTC derivatives

AcadiaSoft launches MarginSphere® Xpress

Reuters: China stock exchanges step up crackdown on short-selling

Options Clearing Corp seclending volume up 10% year over year

ISDA: The Impact of Compression on the Interest Rate Derivatives Market

InteDelta: Redefining the Target Operating Model for Non-cleared Derivatives

US Agencies provide feedback to nonbank firms on resolution plans

Markit ETF Collateral Lists

ICMA ERC publishes revisions to the Guide to Best Practice in the European Repo Market

FSB: Progress in Implementing OTC Derivatives Market Reforms

Clearstream and Indian Clearing Corporation Limited collaborate on triparty margin collateral management

Murex partners with DTCC’s Omgeo to enhance post-trade operations offering

Deutsche Börse receives full regulatory approval from Monetary Authority of Singapore for its clearing house

Cowen Group to acquire prime broker Concept Capital Markets

Federal Reserve adds GSIB surcharge for US banks