News and Notes

EC drafts LCR amendments on repos, reverse repos, and collateral swaps, in line with Basel committee

Citi adds ETFs as eligible collateral for seclending

ESRB research on positive liquidity spillovers from sovereign bond-backed securities

ESRB finds short selling bans correlated with higher bank instability

ECB securities finance survey finds credit terms remain unchanged Sept-Nov

All to All platform for illiquid UST raises $10mn

BCBS chair asks: are we done Basel III yet?

Research shows economic policy uncertainty and CDS volatility are related

Yonhap: Korea stock lending balances see sharp rise in January

ISLA updates on Germany’s MoF draft guidance for Tax Act

ECB paper examines agent-based model of system-wide implications of funding risk

GLMX electronic repo market raises $20 million for European expansion

ACUO’s derivatives collateral management platform picks Trace Financial’s messaging tool

Eurex changes corporate structure, Switzerland and Asia in focus

J.P. Morgan scoops up Robeco’s seclending and asset servicing operations

CCP recovery and resolution moves forward in EU parliament

MLex: EBA warns that banks will challenge fintech data sharing standards

BIS report assesses structural change in global banking

Risk: EU lawmaker wants cost-benefit analysis for CCP rejection

Hanweck introduces “Borrow Intensity Indicator” for securities lending markets

Broadridge launches ROQ for automated repo markets trading

DTCC and Taskize team up for trade exceptions processing

NY Fed’s EFFR and OBFR benchmarks in compliance with IOSCO’s principles

ARA: NYU’s excessive fee suit claims fiduciaries can’t define “securities lending”

IAM: securities lending grows revenue as regulation unfolds

Fed’s Quarles outlines direction of post-crisis regulation

ESMA consults on CFD and binary options measures

PWC explains Switzerland amendments to preclude dividend stripping transactions

ISDA updates on China’s new rules for derivatives counterparty risk

SWIFT and CSDs to advance blockchain tech for post-trade

ICMA reports on European repo market performance at 2017 year-end

Shenzhen market and China clearing corp amend repo and seclending rules

EY alerts ISLA to “imminent” German Investment Tax Act changes

Northern Trust moving Citadel’s tech in-house

Lombard Risk recommends Vermeg cash acquisition

ESMA raises concerns on fees charged by CRAs and TRs

Bloomberg: $90bn fund shows 8-to-1 leverage as it seeks new money

ICMA publishes Q1 2018 report

Global CCP group warns on Basel rules under LR

BIS research: risk-taking through foreign investment in US bonds

Lexology: amended rules for refund of Swiss withholding tax

Moody’s: MiFID II will prompt greater use of ETFs in securities lending

ESMA consults on CCP anti-procyclicality margin measures

Contineo expands post-trade service with SIX

ESMA provides access to MiFID II and MiFIR data

Basel Committee stress testing report identifies progress and challenges