European Market Infrastructure Regulation

ESMA CONSULTS ON EMIR REPORTING GUIDELINES

Retrieved on: 
Wednesday, July 14, 2021

13 July 2021

Key Points: 
  • 13 July 2021

    Market data

    Post Trading

    Trade Repositories

    The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, has today launched apublic consultation onits draft Guidelines for derivatives reporting under EMIR.

  • The Consultation Paper (CP) includes draft Guidelines on a wide range of topics related to reporting, data quality and data access under EMIR Refit.
  • The Consultation paper focuses on:

    The Draft Guidelines also clarify important aspects of the procedures to be implemented by reporting entities and Trade Repositories to enhance data quality.

  • The proposed Guidelines, together with the validation rules, complement the revised draft EMIR technical standards on reporting by counterparties, data quality and data access.

ESMA publishes methodology for assessing third country CCPs systemic importance

Retrieved on: 
Tuesday, July 13, 2021

The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, today published a methodology for assessing whether a third country central counterparty (TC-CCP) or some of its clearing services are of such substantial systemic importance that the TC-CCP should not be recognised to provide certain clearing services or activities in the European Union.

Key Points: 
  • The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, today published a methodology for assessing whether a third country central counterparty (TC-CCP) or some of its clearing services are of such substantial systemic importance that the TC-CCP should not be recognised to provide certain clearing services or activities in the European Union.
  • The methodology has been developed by ESMAs CCP Supervisory Committee and is based on the requirements of Article 25 (2c) of EMIR.

BayernLB Selects Broadridge for Regulatory Trade and Transaction Reporting

Retrieved on: 
Wednesday, June 23, 2021

NEW YORK, June 23, 2021 /PRNewswire/ --To help streamline and consolidate all of its regulatory trade reporting commitments Bayerische Landesbank (BayernLB) has selected Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, to handle its regulatory trade and transaction reporting.

Key Points: 
  • NEW YORK, June 23, 2021 /PRNewswire/ --To help streamline and consolidate all of its regulatory trade reporting commitments Bayerische Landesbank (BayernLB) has selected Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, to handle its regulatory trade and transaction reporting.
  • BayernLB will utilize Broadridge's multi-asset class, multi-jurisdictional regulatory trade and transaction reporting solution to provide a single strategic solution to regulatory trade reporting commitments including for SFTR, EMIR, MiFIR and MMSR.
  • "Our customer relationships and commitment to service quality are what makes BayernLB special," said Peter Graml, Head Operating Office, Treasury Products Service at BayernLB.
  • "We are extremely proud that Broadridge continues to be the provider of choice for globally recognised financial institutions looking to streamline and de-risk their regulatory reporting process."

ESMA publishes its 2020 Annual Report

Retrieved on: 
Wednesday, June 16, 2021

The Report provides an overview of the work carried out by ESMA in 2020, following the entry into force of the revised ESMA Regulation and the amendments to the European Market Infrastructure Regulation (EMIR 2.2), updating ESMA's governance and introducing new mandates for the organisation, which are shifting ESMA's focus towards supervisory convergence.

Key Points: 
  • The Report provides an overview of the work carried out by ESMA in 2020, following the entry into force of the revised ESMA Regulation and the amendments to the European Market Infrastructure Regulation (EMIR 2.2), updating ESMA's governance and introducing new mandates for the organisation, which are shifting ESMA's focus towards supervisory convergence.
  • In addition to fulfilling its mandates, ESMA had to respond to the combined effects on financial marketsof the COVID19 pandemic and the United Kingdoms withdrawal from the European Union.
  • Anneli Tuominen, Interim Chair, said:

    The past year has been a challenging and transformative year for ESMA.

  • Natasha Cazenave, Executive Director, said:

    In 2020, ESMA continued to produce high-quality work in delivering its Work Programme to support its mission and objectives.

Ochre Bio Closes $9.6M Seed Financing Led by Khosla Ventures

Retrieved on: 
Wednesday, June 16, 2021

Ochre Bio , a biotech company developing RNA medicines for chronic liver diseases, today announced the closing of a $9.6M seed financing round led by Khosla Ventures, with participation from Backed VC, Apollo Health Ventures, Selvedge, Hoxton and Hermes-Epitek.

Key Points: 
  • Ochre Bio , a biotech company developing RNA medicines for chronic liver diseases, today announced the closing of a $9.6M seed financing round led by Khosla Ventures, with participation from Backed VC, Apollo Health Ventures, Selvedge, Hoxton and Hermes-Epitek.
  • In addition to deep phenotyping of human livers, Ochre Bio is able to test therapeutics in explanted livers being maintained extracorporeally.
  • This financing will allow us to advance development of our therapeutic platform, as well as move products toward clinical development, said Jack OMeara, CEO & Co-Founder, Ochre Bio.
  • Ochre Bio is a biotechnology company developing RNA medicines for chronic liver diseases, a top ten global killer.

ESMA publishes its 2020 Annual Report

Retrieved on: 
Wednesday, June 16, 2021

The Report provides an overview of the work carried out by ESMA in 2020, following the entry into force of the revised ESMA Regulation and the amendments to the European Market Infrastructure Regulation (EMIR 2.2), updating ESMA's governance and introducing new mandates for the organisation, which are shifting ESMA's focus towards supervisory convergence.

Key Points: 
  • The Report provides an overview of the work carried out by ESMA in 2020, following the entry into force of the revised ESMA Regulation and the amendments to the European Market Infrastructure Regulation (EMIR 2.2), updating ESMA's governance and introducing new mandates for the organisation, which are shifting ESMA's focus towards supervisory convergence.
  • In addition to fulfilling its mandates, ESMA had to respond to the combined effects on financial marketsof the COVID19 pandemic and the United Kingdoms withdrawal from the European Union.
  • Anneli Tuominen, Interim Chair, said:

    The past year has been a challenging and transformative year for ESMA.

  • Natasha Cazenave, Executive Director, said:

    In 2020, ESMA continued to produce high-quality work in delivering its Work Programme to support its mission and objectives.

ESMA consults on Guidelines for Data Transfer between Trade Repositories under EMIR and SFTR

Retrieved on: 
Friday, May 28, 2021

28 May 2021

Key Points: 
  • 28 May 2021

    Market data

    Securities Financing Transactions

    Trade Repositories

    The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, today launched aconsultationon amendments toits Guidelines on data transfer between Trade Repositories (TRs) under EMIR, as well as on Guidelines regarding data transfer between TRs under SFTR.

  • The new set of Guidelines establishes the framework for data transfer of Securities Financing Transactions (SFTs) between TRs under SFTR.
  • The Consultation Paperalso proposes changes to the current Guidelines on data transfer between TRs under EMIR, with a view to maintaining access to historical data for regulatory authorities and ensuring a high degree of data quality as well as a competitive TR environment.
  • Both the new Data Transfer Guidelines under SFTR and the proposed changes to those under EMIR aim to:

    Next steps

    The closing date for responses is 27August 2021.

YuJa’s Second Quarter 2021 Updates Include Launching a New Digital Compliance Tool, Auto-Captioning for Live Stream Events, a New Version of Software Capture, Accessibility Upgrades and More

Retrieved on: 
Friday, May 28, 2021

YuJa Himalayas reviews large sets of data to identify compliance issues, manage risks and enable e-discovery scenarios for organizations.

Key Points: 
  • YuJa Himalayas reviews large sets of data to identify compliance issues, manage risks and enable e-discovery scenarios for organizations.
  • Were proud to continually release updates and feature enhancements based on user feedback and to provide comprehensive, top tier enterprise video solutions.
  • Accessibility feature enhancements to YuJa Panorama for Digital Accessibility include:
    Adding a new user engagement report with real-time visual summaries.
  • Its portfolio includes products for lecture capture , live streaming , video management , video conferencing , video test proctoring , digital asset management , enterprise accessibility , digital archiving and compliance .

ESMA consults on Guidelines for Data Transfer between Trade Repositories under EMIR and SFTR

Retrieved on: 
Friday, May 28, 2021

28 May 2021

Key Points: 
  • 28 May 2021

    Market data

    Securities Financing Transactions

    Trade Repositories

    The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, today launched aconsultationon amendments toits Guidelines on data transfer between Trade Repositories (TRs) under EMIR, as well as on Guidelines regarding data transfer between TRs under SFTR.

  • The new set of Guidelines establishes the framework for data transfer of Securities Financing Transactions (SFTs) between TRs under SFTR.
  • The Consultation Paperalso proposes changes to the current Guidelines on data transfer between TRs under EMIR, with a view to maintaining access to historical data for regulatory authorities and ensuring a high degree of data quality as well as a competitive TR environment.
  • Both the new Data Transfer Guidelines under SFTR and the proposed changes to those under EMIR aim to:

    Next steps

    The closing date for responses is 27August 2021.

Consultation Paper - Technical standards for commodity derivatives - MiFIDII Recovery Package

Retrieved on: 
Thursday, May 27, 2021

The European Securities and Markets Authority (ESMA), as part of the post-CovidMiFID II Recovery Package, is seeking input from market participants on its draft Technical Standards for commodity derivatives.

Key Points: 
  • The European Securities and Markets Authority (ESMA), as part of the post-CovidMiFID II Recovery Package, is seeking input from market participants on its draft Technical Standards for commodity derivatives.
  • Responding to this paper

    ESMA invites comments on all matters in this paper and in particular on the specific questions summarised in Annex 1.

  • All contributions should be submitted online at www.esma.europa.eu under the heading Your input Consultation Paper on the impact of position limits and position management and on weekly position reports.
  • ESMA will finalise the draft technical standards and submit a final report to the European Commission for endorsement by November 2021.