European Market Infrastructure Regulation

Global Personalized Gifts Market | USD 7.37 Billion Incremental Growth During 2020-2024 | Technavio

Retrieved on: 
Friday, December 18, 2020

The personalized gifts market is poised to grow by USD 7.37 billion during 2020-2024 progressing at a CAGR of almost 5% during the forecast period.

Key Points: 
  • The personalized gifts market is poised to grow by USD 7.37 billion during 2020-2024 progressing at a CAGR of almost 5% during the forecast period.
  • View the full release here: https://www.businesswire.com/news/home/20201217005765/en/
    Technavio has announced its latest market research report titled Personalized Gifts Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2020-2024 (Graphic: Business Wire)
    For a More Detailed Analysis, Get a Free Sample Report Delivered Instantly
    The report on the personalized gifts market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
  • The personalized gifts market analysis includes the product, distribution channel, and geography landscape.
  • This study identifies the rising demand for 3D printed personalized gifts as one of the prime reasons that will further drive the personalized gifts market growth during the next few years.

ESMA publishes draft technical standards under EMIR REFIT

Retrieved on: 
Friday, December 18, 2020

17 December 2020

Key Points: 
  • 17 December 2020

    Board of Supervisors

    Post Trading

    Press Releases

    The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, has today published a Final Report on technical standards (RTS and ITS) under the EMIR REFIT Regulation.

  • In recent years ESMA has been actively engaged in the development of global guidance on the harmonisation of data elements reported to trade repositories.
  • Key proposals

    The key proposals included in the technical standards are:

    Next steps

    The draft technical standards have been submitted to the European Commission, and the proposed timeline for implementation of the technical standards by the reporting counterparties and TRs in the Union is 18 months from the date of their publication in the Official Journal.

  • In the meantime, ESMA will commence working on the guidelines on reporting under EMIR REFIT as well as on the technical documentation, including XML schemas and validation rules.

ESMA RECOMMENDS MORE TIME TO IMPLEMENT A MIX OF SOLUTIONS FOR PSAS TO CLEAR

Retrieved on: 
Thursday, December 17, 2020

Last year, EMIR Refit further extended the temporary exemption from the clearing obligation for PSAs until June 2021.

Key Points: 
  • Last year, EMIR Refit further extended the temporary exemption from the clearing obligation for PSAs until June 2021.
  • To monitor the progress made by the different actors involved towards possible clearing solutions for PSAs by that date, ESMA has been mandated to draft an annual report as input to the European Commissions report on the clearing solutions for PSAs.
  • Instead, the situation should improve not due to one single measure but because of a mix of existing solutions.
  • However, the additional efforts needed for implementing the mix of solutions described in the report and ensuring a better readiness would still require additional time.

Webinar on ESMA's ASRs on derivatives and securities markets

Retrieved on: 
Wednesday, November 18, 2020

ESMA has published its first statistical report on EU securities markets and its third annual statistical report on EU derivatives markets.  

Key Points: 

ESMA has published its first statistical report on EU securities markets and its third annual statistical report on EU derivatives markets.  

During the webinar you will see a presentation of the reports and their findings.  The presentation will be followed by a Q&A session.

Webinar on ESMA's ASRs on derivatives and securities markets

Retrieved on: 
Wednesday, November 18, 2020

ESMA has published its first statistical report on EU securities markets and its third annual statistical report on EU derivatives markets.  

Key Points: 

ESMA has published its first statistical report on EU securities markets and its third annual statistical report on EU derivatives markets.  

During the webinar you will see a presentation of the reports and their findings.  The presentation will be followed by a Q&A session.

EU derivative clearing showed strong growth in 2019

Retrieved on: 
Monday, November 16, 2020

It provides a comprehensive market-level view of the EUs derivatives markets in 2019, which had a total size of 681tn gross notional amount outstanding, a decrease of 5% on 2018.

Key Points: 
  • It provides a comprehensive market-level view of the EUs derivatives markets in 2019, which had a total size of 681tn gross notional amount outstanding, a decrease of 5% on 2018.
  • Steven Maijoor, Chair, said:

    This years EU derivatives report reflects the improving quality of data reported under EMIR to present a comprehensive picture of derivative markets.

  • It shows in particular that the clearing obligation, which began in 2016, continued to reduce systemic and counterparty risk in 2019.
  • In this years report, the removal of an over-reporting counterparty improved data for both 2018 and 2019, enabling a refinement of 2018s statistics.

EU derivative clearing showed strong growth in 2019

Retrieved on: 
Monday, November 16, 2020

It provides a comprehensive market-level view of the EUs derivatives markets in 2019, which had a total size of 681tn gross notional amount outstanding, a decrease of 5% on 2018.

Key Points: 
  • It provides a comprehensive market-level view of the EUs derivatives markets in 2019, which had a total size of 681tn gross notional amount outstanding, a decrease of 5% on 2018.
  • Steven Maijoor, Chair, said:

    This years EU derivatives report reflects the improving quality of data reported under EMIR to present a comprehensive picture of derivative markets.

  • It shows in particular that the clearing obligation, which began in 2016, continued to reduce systemic and counterparty risk in 2019.
  • In this years report, the removal of an over-reporting counterparty improved data for both 2018 and 2019, enabling a refinement of 2018s statistics.

ESMA publishes translations for Guidelines on securitisation repository data completeness and consistency thresholds

Retrieved on: 
Wednesday, November 11, 2020

The European Securities and Markets Authority (ESMA) has issued today the official translations of its guidelines onsecuritisation repository data completeness and consistency thresholds.

Key Points: 
  • The European Securities and Markets Authority (ESMA) has issued today the official translations of its guidelines onsecuritisation repository data completeness and consistency thresholds.
  • 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.

ESMA publishes translations for Guidelines on securitisation repository data completeness and consistency thresholds

Retrieved on: 
Wednesday, November 11, 2020

The European Securities and Markets Authority (ESMA) has issued today the official translations of its guidelines onsecuritisation repository data completeness and consistency thresholds.

Key Points: 
  • The European Securities and Markets Authority (ESMA) has issued today the official translations of its guidelines onsecuritisation repository data completeness and consistency thresholds.
  • 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.

ESMA updates Brexit statements for the end of UK transition period

Retrieved on: 
Tuesday, November 10, 2020

Previously published in preparation for a no-dealBrexitscenarioin 2019,thefollowingstatementshavenowbeen updated:

Key Points: 
  • Previously published in preparation for a no-dealBrexitscenarioin 2019,thefollowingstatementshavenowbeen updated:
    Statement on issues affecting EMIR and SFTR reporting coveringissues affecting reporting, recordkeeping, reconciliation, data access, portability and aggregation of derivatives under Article 9 EMIRandof securitiesfinancingtransactionsreported under Article 4 of SFTR;
    Statement on ESMAs Data Operational Plan coveringactions related to FIRDS, FITRS, DVCAP, transaction reporting systems, and ESMAs registers and data.