AFME

AFME, CMU, crypto assets, digitization, European Commission

The European Commission adopted a digital finance package, including a digital finance strategy and legislative proposals on crypto assets and digital resilience. The EC also noted that the acceleration of…

AFME prompts EU to adopt regulatory framework for advanced tech

September 14, 2020

AFME, artificial intelligence, cloud, cryptoassets, cybersecurity, EU

AFME is calling on the EU to help unlock the potential of new technologies for European capital markets. In a recent publication, AFME outlines the regulatory framework needed to support…

AFME finds EU equity trading up 94% due to COVID-19, IPOs down 83%, banks are well-positioned on solvency and liquidity

April 20, 2020

AFME has today published new research on the initial impact of COVID-19 on Europe’s capital markets. The report analyses the recent trends during the current abnormal market circumstances. Julio Suarez,…

AFME publishes recommendations for partial settlement under CSDR

March 5, 2020

AFME, CSDR

The Association for Financial Markets in Europe (AFME) has today published recommendations for partial settlement in view of the impending Central Securities Depository Regulation (CSDR). The recommendations aim to encourage…

SIFMA’s CEO updates on first global cybersecurity exercise

December 20, 2019

AFME, ASIFMA, cybersecurity, SIFMA

SIFMA released the following statement from Kenneth Bentsen, SIFMA president and CEO, upon completion of SIFMA’s November 7 global industry-wide Quantum Dawn V cybersecurity exercise. SIFMA, in its crisis coordination…

AFME, FIA, ICMA, ISDA and ISLA publish Master Regulatory Reporting Agreement

December 19, 2019

AFME, EMIR, FIA, ICMA, ISDA, ISLA, MMRA, SFTR

The Association of Financial Markets in Europe (AFME), Futures Industry Association (FIA), International Capital Market Association (ICMA), International Swaps and Derivatives Association (ISDA) and International Securities Lending Association (ISLA) have…

Institutional crypto weekly roundup

November 13, 2019

AFME, Bakkt, blockchain, crypto assets, crypto custody, crypto exchanges, crypto regulation, cryptocurrencies, Cyberian, DLT, FSB, GLI, J.P. Morgan, Japan, LSEG, MAS, MUFG, Progmat, Project Ubin, security tokens, stabecoins, Temasek

Our weekly list of announcements about how capital markets participants and regulators are engaging with digital assets. MAS, J.P. Morgan, Temasek develop blockchain-based prototype for multi-currency payments The Monetary Authority…

AFME publishes 14 industry recommendations for supporting the adoption of public cloud in capital markets

November 5, 2019

AFME, cloud

The Association for Financial Markets in Europe (AFME) has published a new paper setting out 14 recommendations to help realize the full potential of public cloud computing across the capital…

AFME calls for technology-neutral and principles-based approach to AI regulation

September 18, 2019

AFME, AI ethics

The Association for Financial Markets published a white paper looking at how best to ensure there is transparency in AI use in capital markets, without restricting the use of the…

GC: SRD II could pave the way for CSD tech innovation in data and STP

May 16, 2019

AFME, CSDs, Deutsche Bank, Global Custodian, innovation, post-trade, SRDII

The EU’s Shareholder Rights Directive II (SRD II) could be an excellent opportunity for intermediary businesses – chiefly issuer central securities depositories (CSDs) – to augment their STP (straight-through-processing) capabilities,…

AFME: compliance model should shift to being data user, not generator

October 2, 2018

AFME, compliance, Data, EY

The Association for Financial Markets in Europe (AFME) and Ernst & Young (EY) published a new report considering the role of the compliance function within wholesale investment banks and the…

AFME and PwC: data management “immediate priority” for banks, not blockchain

September 14, 2018

AFME, data management, PwC

The Association for Financial Markets in Europe and PwC published a new report on current trends in technology and innovation and their impact on the investment bank of the future: Technology and Innovation in Europe’s Capital…

Industry associations publish report on benchmark reform concerns and recommendations

June 25, 2018

AFME, alternatives to LIBOR, ICMA, ISDA, SIFMA

The International Swaps and Derivatives Association (ISDA), the Association of Financial Markets in Europe (AFME), International Capital Market Association (ICMA) and the Securities Industry and Financial Markets Association (SIFMA) and…

AFME warns on EU Commission’s “safe asset” proposal

May 16, 2018

AFME, European Commission, SBBS

In a consultation reply to the European Commission’s proposal for preferential treatment of a new class of state bond-backed securities, the Association for Financial Markets in Europe noted that there…

Impact of regulation on banks’ capital markets activities: AFME’s ex-post assessment

April 13, 2018

AFME, bank regulation, PwC

AFME published a new study, Impact of Regulation on Banks’ Capital Markets Activities: An ex-post assessment, which was produced in collaboration with PwC. While there have been many forward-looking studies examining how banks may…

AFME advises on developing capital markets utilities

March 1, 2018

AFME, Financial Market Utilities

AFME published a new report, Industry utilities: a perspective for capital markets, setting out potential future opportunities for utilities use across the capital markets, as well as the challenges preventing…

EC releases post-trade barrier report, issues consultation

August 23, 2017

News and Notes, Uncategorized

AFME, Clearing, collateral management, European Commission, settlement

In February 2016, the European Commission created a European Post-Trade Forum (EPTF) to assess the evolution of the EU post-trade landscape and progress in removing barriers. The EPTF has today…

AFME: Planning for Brexit – Operational impacts on wholesale banking and capital markets in Europe

February 2, 2017

AFME, Brexit

AFME has commissioned a report from PwC, outlining the operational impacts and transformation challenges that Brexit poses to the provision of banking services in the EU. The study aims to…

AFME releases Principles on Asset Segregation Due Diligence and Collateral Management

September 7, 2016

AFME, asset segregation

Segregation of client assets and related account structures is a topic deemed of high relevance by policymakers at international level (e.g. by IOSCO’s Principles regarding the Custody of Collective Investment…

Five Industry Associations Publish SFTR Information Statement

April 13, 2016

AFME, FIA, ICMA, ISDA, ISLA, SFTR

LONDON, April 13, 2016 – The Association for Financial Markets in Europe (AFME), FIA, the International Capital Market Association (ICMA), the International Swaps and Derivatives Association, Inc. (ISDA) and the…

Banks at AFME: the custody, collateral and settlement revolution will be ledgerized (Premium)

March 3, 2016

Blockchain, Collateral Management, Custodians, Europe, Settlements, Technology

AFME, blockchain, collateral, Custody, settlement, topstory

As a wave of new technologies crashes into traditional business models, banks are asking what needs to be done now and how relevant is it to the business. On the…

The impact of Europe’s banking reforms; liquidity will take a big hit

December 3, 2014

Corporate Bonds, Europe, Liquidity Management

AFME, Corporate Bonds, funding costs, Liquidity, PricewaterhouseCoopers, ring-fencing, topstory

PricewaterhouseCoopers has published a monster of a report, “Impact of bank structural reforms in Europe,” sponsored by the Association for Financial Markets in Europe (AFME). This beast is a big…

Europe's AFME creates best practice label for securitized instruments

November 15, 2012

Press Release – Wednesday 14 November 2012 ‘PCS’ Securitisation Label opens for business with senior Board appointments Prime Collateralised Securities (PCS) – an industry-led, nonprofit initiative to develop a label…

Sure enough, seclending and repo are central to financial markets

February 9, 2012

Liquidity Management, Regulatory, Repo, Securities Lending

AFME, Europe, Liquidity Management, Regulatory, Repo, Securities Lending