European Market Infrastructure Regulation

CG Oncology Announces License and Commercialization Agreement with Kissei Pharmaceutical Co., Ltd. for CG0070 in Japan and Other Asian Countries

Friday, March 27, 2020 - 12:00am

CG Oncology, Inc. has announced today an exclusive license, development and commercialization agreement with Kissei Pharmaceutical Co., Ltd. ("Kissei") for its oncolytic immunotherapy drug CG0070 for Japan, South Korea, Taiwan and other Asian countries with the exception of China.

Key Points: 
  • CG Oncology, Inc. has announced today an exclusive license, development and commercialization agreement with Kissei Pharmaceutical Co., Ltd. ("Kissei") for its oncolytic immunotherapy drug CG0070 for Japan, South Korea, Taiwan and other Asian countries with the exception of China.
  • CG Oncology has completed an investigational Phase 2 study of CG0070 in the United States in patients with BCG-unresponsive, non-muscle-invasive bladder cancer (NMIBC).
  • In addition, CG Oncology is studying the use of CG0070 in combination with immune checkpoint inhibitors in bladder cancer and other solid tumors.
  • In addition, CG Oncology is exploring the use of CG0070 in combination with immune checkpoint inhibitors in different solid tumors.

ESMA consults on technical standards on Trade Repositories under EMIR REFIT

Friday, March 27, 2020 - 12:06am

Proposed RTS and ITS

Key Points: 
  • Proposed RTS and ITS

    EMIR as amended by EMIR REFIT contains a series of empowerments for ESMA to develop draft technical standards.

  • In particular, it mandates ESMA to develop:

    1.

  • RTS on the procedures to be applied by the TRs to reconcile and validate the data; and

    4.

  • Considering the above mandate, ESMA developed the draft technical standards, by either amending the existing provisions or by including new ones stemming from the extended empowerments.

ESMA publishes translations for guidelines on MMF stress tests

Wednesday, March 4, 2020 - 12:03am

The European Securities and Markets Authority (ESMA) has issued today the official translations of its guidelines on stress test scenarios under the MMF Regulation.

Key Points: 
  • The European Securities and Markets Authority (ESMA) has issued today the official translations of its guidelines on stress test scenarios under the MMF Regulation.
  • National Competent Authorities (NCAs) to which these Guidelines apply must notify ESMA whether they comply or intend to comply with the Guidelines, within two months of the date of publication by ESMA of the Guidelines in all EU official languages.

EMIR: ESMA advises Commission on C6 energy derivatives

Tuesday, March 3, 2020 - 12:05am

02 March 2020

Key Points: 
  • 02 March 2020

    Post Trading

    The European Securities and Markets Authority (ESMA) has issued today a report on C6 energy derivatives and related obligations under the European Market Infrastructure Regulation (EMIR).

  • These derivatives are important for firms trading energy derivative contracts on coal and oil as well as for national regulator supervisors who enforce EMIR requirements.
  • The report assesses the adequacy of C6 energy derivative contracts, which currently benefit from a special regime.
  • ESMA has developed this report to provide input to the European Commissions regarding the assessment of the current special regime for C6 energy derivative contracts and whether this regime should be maintained.

ESMA PUBLISHES THE FINAL REPORT ON MIFIR ALIGNMENTS FOLLOWING THE INTRODUCTION OF EMIR REFIT

Friday, February 7, 2020 - 1:02pm

07 February 2020

Key Points: 
  • 07 February 2020

    Post Trading

    The European Securities and Markets Authority (ESMA) has today published a final report suggesting amendments to the trading obligation under MiFIR following the introduction of EMIR Refit.

  • The recent changes introduced to EMIR via Refit modify the scope of counterparties subject to the clearing obligation exemption for small financial counterparties and modified determination of non-financial counterparties.
  • The introduction of EMIR Refit has not been accompanied by direct amendments to MiFIR, which currently leads to a misalignment between the scope of counterparties subject to the clearing obligation (CO) under EMIR and the derivatives trading obligation (DTO) under MiFIR.
  • In light of the close interconnections between those two obligations, EMIR Refit mandates ESMA to assess whether the DTO under MiFIR should be aligned with changes to the CO introduced by EMIR Refit, and to submit its findings in a report to the Commission.

ESMA consults on MiFIR transparency regime for equity instruments

Tuesday, February 4, 2020 - 1:01pm

04 February 2020

Key Points: 
  • 04 February 2020

    The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, has launched a Consultation Paper (CP) reviewing the MiFIR transparency regime for equity, ETFs and other related instruments.

  • The CP contains proposals, based on in-depth data analysis of the effects of the current regime since January 2018, for possible amendments to the transparency regime.
  • MiFIR mandates ESMA to submit a report on the impact of the newly established pre-trade transparency obligations and waivers and, in particular, the double volume cap (DVC) mechanism.
  • ESMA intends to submit its final review report of the transparency regime applicable to equity instruments to the European Commission by July 2020.

Global Automotive Ventilated Seats Market 2020-2024 | Increasing Demand for Fuel-Efficient Vehicles to Boost Growth | Technavio

Wednesday, January 8, 2020 - 12:00am

View the full release here: https://www.businesswire.com/news/home/20200107005062/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200107005062/en/
    Technavio announced its latest market research report titled global automotive ventilated seats market 2020-2024.
  • Global Automotive Ventilated Seats Market: Increasing Demand for Fuel-Efficient Vehicles
    Ventilated seats reduce the burden on air-conditioning and hence minimizes the use of fuel for air-conditioning, thereby improving the fuel-efficiency of the vehicle.
  • Technological advances in the global automotive ventilated seats market and the consolidation of the automotive industry will further boost market growth during the forecast period, says a senior analyst at Technavio.
  • Global Automotive Ventilated Seats Market: Segmentation Analysis
    This market report segments the global automotive ventilated seats market by vehicle type (passenger vehicles and commercial vehicles) and geography (APAC, Europe, MEA, North America, and South America).

ESMA clarifies rules for CCPs’ membership criteria and due diligence

Wednesday, January 8, 2020 - 12:05am

The report further clarifies existing rules under the European Market Infrastructure Regulation (EMIR) for clearing members in both areas.

Key Points: 
  • The report further clarifies existing rules under the European Market Infrastructure Regulation (EMIR) for clearing members in both areas.
  • ESMA conducted a survey on CCPs Membership Criteria and Due Diligence in order to map CCPs practices following the default of a physical person acting as a clearing member in September 2018 at a CCP authorised to offer services and activities in the Union.
  • This event highlighted the importance of membership criteria as a first line of defence of CCPs to control counterparty credit risk.
  • ESMA investigated the following three topics:

    With regards to EU CCPs due diligence practices, ESMA will consider enhancing supervisory practices, possibly by some form of guidance on detailed practices.

ESMA closed from 24/12/19 - 02/01/20

Tuesday, December 24, 2019 - 12:01am

The European Securities and Markets Authority (ESMA) is closed for the Christmas and New Year break and will reopen on Friday 3 January 2020.

Key Points: 

The European Securities and Markets Authority (ESMA) is closed for the Christmas and New Year break and will reopen on Friday 3 January 2020.

Amazon Studios Orders Fourth Season of the Award-Winning Comedy The Marvelous Mrs. Maisel

Thursday, December 12, 2019 - 11:10pm

(NASDAQ:AMZN) Amazon Studios announced today that it has ordered a fourth season of the Emmy and Golden Globe-Award winning comedy The Marvelous Mrs. Maisel.

Key Points: 
  • (NASDAQ:AMZN) Amazon Studios announced today that it has ordered a fourth season of the Emmy and Golden Globe-Award winning comedy The Marvelous Mrs. Maisel.
  • The third season premiered Friday, Dec. 6 on Amazon Prime Video in more than 200 countries and territories worldwide.
  • The Marvelous Mrs. Maisel received two Golden Globe nominations this week, for Best Television Series, Musical or Comedy, and for star Rachel Brosnahan for Best Performance by an Actress in a Series, Musical or Comedy.
  • The Marvelous Mrs. Maisel has been a worldwide phenomenon, and Season 3 has been no exception, with the series most watched opening weekend ever.