European Market Infrastructure Regulation

ESMA withdraws registration of NEX Abide Trade Repository AB

Saturday, August 1, 2020 - 12:05am

31 July 2020

Key Points: 
  • 31 July 2020

    Post Trading

    Trade Repositories

    The European Securities and Markets Authority (ESMA), the EU's Securities Markets Authority, has today withdrawn the trade repository (TR) registration of NEX Abide Trade Repository AB (NATR).

  • The withdrawal decision follows the official notification to ESMA by NATR of its intention to renounce its registration as a TR under the conditions set out in Article 71(1)(a) of EMIR.
  • Point (a) of Article 71(1) of EMIR provides that without prejudice to Article 73, ESMA shall withdraw the registration of a trade repository where the trade repository expressly renounces the registration or has provided no services for the preceding six months.
  • ESMA has updated itslist of authorised trade repositoriesin the EU.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Velocity Financial, Inc. (VEL) on Behalf of Investors

Saturday, August 1, 2020 - 12:00am

In January 2020, Velocity completed its initial public offering ("IPO"), selling 7,250,000 shares at $13 per share and raising approximately $94 million.

Key Points: 
  • In January 2020, Velocity completed its initial public offering ("IPO"), selling 7,250,000 shares at $13 per share and raising approximately $94 million.
  • On May 13, 2020, the Company announced its financial results for first quarter 2020, the same quarter in which the IPO was conducted.
  • Whistleblower Notice: Persons with non-public information regarding Velocity should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program.
  • Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation.

ESMA withdraws registration of NEX Abide Trade Repository AB

Saturday, August 1, 2020 - 12:04am

31 July 2020

Key Points: 
  • 31 July 2020

    Post Trading

    Trade Repositories

    The European Securities and Markets Authority (ESMA), the EU's Securities Markets Authority, has today withdrawn the trade repository (TR) registration of NEX Abide Trade Repository AB (NATR).

  • The withdrawal decision follows the official notification to ESMA by NATR of its intention to renounce its registration as a TR under the conditions set out in Article 71(1)(a) of EMIR.
  • Point (a) of Article 71(1) of EMIR provides that without prejudice to Article 73, ESMA shall withdraw the registration of a trade repository where the trade repository expressly renounces the registration or has provided no services for the preceding six months.
  • ESMA has updated itslist of authorised trade repositoriesin the EU.

ESMA updates its opinion on ancillary activity calculations

Saturday, July 11, 2020 - 12:04am

10 July 2020

Key Points: 
  • 10 July 2020

    MiFID - Secondary Markets

    The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, published today an updated Opinion on ancillary activity calculations.

  • The opinion provides the estimation of the market size of commodity derivatives and emission allowances for 2019.
  • ESMA has prepared these estimations based on data reported to the ESMA FITRS system as well as data reported to trade repositories under EMIR.
  • In issuing this opinion, ESMA considers that the guidance on market size will contribute positively to the consistency of supervisory practices and will ensure a uniform approach throughout the Union.

ESMA publishes updates to EMIR Q&As (July 2020)

Thursday, July 9, 2020 - 12:08am

The purpose of this Q&A is to promote common supervisory approaches and practices in the application of EMIR.

Key Points: 
  • The purpose of this Q&A is to promote common supervisory approaches and practices in the application of EMIR.
  • It provides responses to questions posed by the general public, market participants and competent authorities in relation to the practical application of the Regulation.
  • This document aims to ensure that the supervisory activities of the competent authorities under the Regulation are converging along the lines of the responses adopted by ESMA.
  • ESMA will periodically review these Q&A and update them where required.

ESMA publishes updates to EMIR Q&As (July 2020)

Wednesday, July 8, 2020 - 1:05pm

The purpose of this Q&A is to promote common supervisory approaches and practices in the application of EMIR.

Key Points: 
  • The purpose of this Q&A is to promote common supervisory approaches and practices in the application of EMIR.
  • It provides responses to questions posed by the general public, market participants and competent authorities in relation to the practical application of the Regulation.
  • This document aims to ensure that the supervisory activities of the competent authorities under the Regulation are converging along the lines of the responses adopted by ESMA.
  • ESMA will periodically review these Q&A and update them where required.

China Pharmaceutical Contract Manufacturing Services Market Analysis 2020 - Changing Supply Chains Due to COVID-19 Pandemic

Wednesday, July 1, 2020 - 11:15pm

DUBLIN, July 1, 2020 /PRNewswire/ -- The "China Pharmaceutical Contract Manufacturing Services Market, 2020-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, July 1, 2020 /PRNewswire/ -- The "China Pharmaceutical Contract Manufacturing Services Market, 2020-2030" report has been added to ResearchAndMarkets.com's offering.
  • Pharmaceutical contract manufacturing organizations (CMOs) offer a wide range of services, ranging from process R&D, and clinical / commercial scale manufacturing of APIs, intermediates and FDFs.
  • This report report features an extensive study of the current market landscape and future opportunities associated with the pharmaceutical contract manufacturing market in China.
  • A detailed landscape of the pharmaceutical manufacturing facilities in China, including an analysis based on location of these facilities, highlighting key manufacturing hubs.

ESMA extends deadline for responses to consultation on EMIR REFIT

Tuesday, June 9, 2020 - 4:09pm

09 June 2020

Key Points: 
  • 09 June 2020

    Post Trading

    Supervisory convergence

    Trade Repositories

    The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, has decided, in view of the effects of the ongoing COVID-19 pandemic on stakeholders and market participants, to extend the response date for the consultation on the technical standards on reporting, data quality, data access and registration of Trade Repositories under EMIR REFIT to 3 July 2020.

  • The decision has been taken in recognition of market participants current focus on crisis work and their operational constraints, as well as taking into account the high number and the technical complexity of issues on which feedback is requested.
  • The end of the consultation period is extended from 19 June to 3 July 2020.

LDRA tool suite® Selected to Smooth the Way to DO-178C DAL A Certification

Tuesday, June 9, 2020 - 1:00pm

Critical Software applied both the static and dynamic capabilities of the LDRA tool suite to the project.

Key Points: 
  • Critical Software applied both the static and dynamic capabilities of the LDRA tool suite to the project.
  • The LDRA tool suites test case files store all the settings required for test re-execution, including test data and environment/target set-up.
  • Of all the safety-critical standards, DO-178C DAL A is arguably the most demanding, said Ian Hennell, Operations Director, LDRA.
  • For more information on the LDRA tool suite, please visit www.ldra.com .

ESMA extends deadline for responses to consultation on EMIR REFIT

Tuesday, June 9, 2020 - 1:04pm

09 June 2020

Key Points: 
  • 09 June 2020

    Post Trading

    Supervisory convergence

    Trade Repositories

    The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, has decided, in view of the effects of the ongoing COVID-19 pandemic on stakeholders and market participants, to extend the response date for the consultation on the technical standards on reporting, data quality, data access and registration of Trade Repositories under EMIR REFIT to 3 July 2020.

  • The decision has been taken in recognition of market participants current focus on crisis work and their operational constraints, as well as taking into account the high number and the technical complexity of issues on which feedback is requested.
  • The end of the consultation period is extended from 19 June to 3 July 2020.