Mifid, Mifir and EMIR
28 white papers and resources
Global Anti-Money Laundering Survey 2014
It is 10 years since we released our first Global Anti-Money Laundering (AML) survey. During those 10 years, financial institutions have ridden the highs, and plunged to the lows, of the economic cycle. Despite these dramatic changes in the business environment, AML has remained a key focus area…
Enhancing the value chain: how to thrive in an uncertain world
Asset managers are under enormous pressure to operate effectively in today’s New Normal environment. A number of dynamic headwinds have to be overcome if they are to succeed and stand out from the competition.
Turning Reform into Competitive Advantage
As Europe embraces a new era of cleared and executed derivativestrading, market participants will have to maximize operational efficiencies to improve risk management, provide greater transparency to clients and counterparties, and to create smoother workflows.
EMIR: illustrative implementation timeline – update
Obligations concerning derivatives reforms under the EU regulation on OTC derivatives, central counterparties and trade repositories (European Markets Infrastructure Regulation, 'EMIR') is summarised in this handy illustrative timeline.
EMIR - what are the margin requirements for uncleared OTC derivatives?
Much of EMIR is now coming more clearly into focus. But a major unknown has for a long time been the question of margin requirements for uncleared OTC derivatives. BCBS/IOSCO has published its second consultation paper. This white paper considers the implications of these near finalised proposals.
European Parliament withdraws objection to EMIR technical standards
The EC recently withdrew its objection to legislation adopted by the European Commission for technical standards on OTC derivatives, central counterparties and trade depositories. The reasons for the objections, how the compromise was agreed and what this means for the finance industry is reviewed.
EMIR nears the finish line
EMIR came into force on 16 August 2012. While most obligations under EMIR do not take effect until 2013, market participants should be increasingly focused on its impact on their businesses. Under discussion is the soon-to-be finalised detailed standards which cover how EMIR will work in practice.
2007 - The Impact of MIFID
MiFID has been hailed by some analysts as the most fundamental shake up of the European banking sector in a generation. This White Paper provides a key overview of the implications of MIFID.