ESMA News

ESMA harmonises position calculation for trade repositories

The Guidelines set out a consistent approach for the calculation of derivative positions by European TRs. Currently, ESMA has registered eight TRs under EMIR. Calculation of positions in derivatives is crucial for the assessment of systemic risks to financial stability. The positions calculated by TRs will give EU authorities comprehensive sight of derivatives’ exposures. TRs […]

ESMA News

ESMA updates its Q&A on MiFID II commodity derivatives topics

These Q&As provide clarification on issues related to the MiFIDII/MiFIR regime for commodity derivatives, including on position limits, position reporting, and ancillary activity. New or revised answers are provided on the following topics: Position limits: the Q&A clarifies the circumstances under which less liquid contracts may receive bespoke position limits established by the relevant national competent […]

ESMA News

Consultation on draft RTS on the application for registration as a securitisation repository

This consultation seeks stakeholders’ views on the application requirements for firms seeking to register with ESMA as securitisation repositories. It also includes draft Guidelines on the transfer of data between securitisation repositories. The Consultation Paper may be of particular interest to securitisation market infrastructures, investors/potential investors, securitisation issuers, as well as public bodies involved in securitisations […]