News and Notes

Eurex reaches 28 partners for Special Repo and General Collateral instruments program

SFTR to enter into force 11 April 2019

Central Bank of Ireland Approves EquiLend MTF

Get the weekly SFM update – our March 22 newsletter is online

ASIFMA asks for improvements in China’s securities lending rules

SmartStream Partners with Cassini Systems to Help Firms Meet Uncleared Initial Margin Obligations

ISDA Publishes CDM 2.0 for Deployment and Opens Access to Entire Market

Basel III Monitoring Report released – March 2019

Bowmark Capital backs buy-out of Pirum from Five Arrows Principal Investments

BIS: Proportionality in bank regulation and supervision – a survey on current practices

ISLA releases GMSLA pledge documentation

ESRB: The effect of possible EU diversification requirements on the risk of banks’ sovereign bond portfolios

Industry associations ask for revisions to US SA-CCR plans

Bloomberg: Deutsche Bank prime brokerage revenue reportedly falls for third year

ICMA supports daily leverage ratio calculations but asks for targeted refinements to support repo

FSB asks ISDA to help clarify what happens if LIBOR is discontinued

IOSCO says jurisdictions making progress on standards for payment, clearing and settlement

REGIS-TR Launches New UK Trade Repository

St. Louis Fed: Why the Fed Should Create a Standing Repo Facility

Paper: who pays and who gains from CCP services?

FT: BoE tightens bank liquidity buffers before Brexit

Fed’s Powell on balance sheet normalization and the effective lower bound

ESMA report values EU Alternative Investment Funds at €4.9 trillion, hedge funds at €264 billion

SETL reorganizes, looks to sell ID2S

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Tradeweb bilateral repo volumes surge in February 2019

Commerzbank and Deutsche Börse execute legally binding repo transaction on the blockchain

The Hill: Dems offer legislation to tax financial transactions

Federal Reserve Board announces it will limit the use of the “qualitative objection” in its Comprehensive Capital Analysis and Review (CCAR) exercise, effective for the 2019 cycle

ISLA Publishes 10th Edition of the Securities Lending Market Report

NRI’s I-STAR/CORE Updated for FSB’s Standards and Processes for Global Securities Financing Data Collection and Aggregation

ICE Benchmark Administration publishes survey results on use of LIBOR

Paper: Counterparty Risk and the Establishment of the New York Stock Exchange Clearinghouse

IHS Markit Adds New Features to Securities Finance Platform

ECB’s Cœuré makes the case for CCP oversight

OCC seclending CCP volume down 5.5% in Feb 2019 year over year

ARRC Launches Enhanced Website

Bank of England working paper: Impact of QE on corporate bond liquidity

Basel Committee discusses policy and supervisory initiatives and approves implementation reports

Get the weekly SFM update – our March 1 newsletter is online

Fed staff report: Complexity in Large U.S. Banks

Reuters: EU gives market benchmark compilers two-year grace period

ISLA publishes CSDR: Settlement Discipline Impact to Securities Lending

EBA publishes revised Guidelines on outsourcing arrangements

Former head of OFR argues for greater data standardization

Reuters: LCH says bulk of euro repo, debt now cleared in Paris unit

Get the weekly SFM update – our February 22 newsletter is online

Securitize and OTCXN team up for non-custodial end-to-end DSO service

BIS Working Paper: Safe assets: made, not just born

Fed blog suggests high bank reserves are better for financial stability