Latest regulation & clearing news

• China policy round-up: SFC shelves ETF Connect, Chinese VCs to receive more tax cuts, China-HK expand economic cooperation

  

  In this round up, Hong Kong's Securities and Futures Commission put an ETF link on hold, venture capital funds will get more tax cuts, and Hong Kong signed up to the fourth closer economic partnership agreement with the Mainland.

  • 14 Dec 2018

• SEC boss warns Senate over Brexit risks to US

  

  SEC chairman Jay Clayton warned the US Senate Committee on Banking about risks to US capital markets from Brexit, in a hearing conducted on Tuesday.

  • 13 Dec 2018

• TMX’s China bond link aims to complement Bond Connect

  

  The depository arm of Canada’s TMX Group is testing a bond link with the Shanghai Clearing House, offering the latest way for foreign investors to access China’s onshore bond market. But while the new link will give Canadian and US investors more freedom to choose onshore dealers, it is unlikely to address some investors’ worries over privacy.

  • 13 Dec 2018

• FCA ponders crackdown on "complex" retail derivatives

  

  The UK Financial Conduct Authority (FCA) on Friday proposed new rules that would permanently restrict or ban the use of certain complex derivatives products by retail customers.

  • 07 Dec 2018

• Council of EU approves new CCP oversight rules

  

  The Council of the European Union has approved its final version of a controversial legislative proposal that seeks to overhaul the bloc’s oversight of clearing houses.

  • 04 Dec 2018

• EU action on clearing is not enough, says BoE

  

  The Bank of England's Financial Policy Committee on Thursday said that recent assurances from the European Commission on derivatives clearing were not enough to alleviate hard-Brexit disruption.

  • 30 Nov 2018

• Eurex mulls raising the bar for Euro Stoxx block trade protection

  

  Eurex Exchange, the derivatives exchange arm of Deutsche Bӧrse, is considering increasing its threshold for block trades in Euro Stoxx options. This would mean a greater share of trades having to be conducted without the privacy protections accorded to block trades.

  • 29 Nov 2018

• FIA weighs in after Nasdaq member default

  

  Trade body the Futures Industry Association (FIA) on Tuesday released recommendations on how to shore up clearing house (CCP) risk management processes in the wake of a €114m member default at Nasdaq Clearing in September.

  • 28 Nov 2018

• LCH hits $4.5bn level with FX compression service

  

  LCH, the London-based clearing house, has pumped up its compression offering, reducing members’ notional outstanding by $4.5bn through its FX clearing arm, ForexClear.

  • 27 Nov 2018

• ESMA throws weight behind Brexit CCP equivalence

  

  The European Securities and Markets Authority (ESMA) on Friday said that its board of supervisors supported “continued access” to UK clearing houses in a no-deal scenario.

  • 23 Nov 2018

Regulation & clearing news archive