Laurellis
Industry Backdrop Clearly the news that CME Group have both decided to wind down their regulatory reporting business in November 2020 is unwelcome news for those currently using their regulatory reporting services. However, it does provide a great opportunity for firms to review their current…
read moreWhat is the SFTR Reporting Obligation? The Securities Financing Transactions Regulation (SFTR) is the EU’s regulatory response to the Financial Stability Board’s policy proposals for greater transparency. The main SFTR articles are: Article 15: Reuse of collateral Articles 13 and 14: Transparency of SFTs for investors Article 4:…
read moreThe diverse set or reports that investment firms are now required to submit to regulators and clients has exploded over the last decade, and does not look like abating any time soon. Most firms have approached each of these regulatory reporting requirements in isolation –…
read moreIt’s been nearly 2 years since MiFID II went live and firms are continuing to enhance compliance of their MiFIR transaction reporting solutions. Post MiFID II go-live back in January 2018, many firms identified residual issues with their transaction reporting and have embarked on an…
read moreThe MiFID II Systematic Internaliser (SI) regime comes into force on the 1st September and ESMA has now released the total volume of transactions executed across the European Union (“EU”) for specific equity (and equity-like) and non-equity (bond) instruments for the 6 month period between…
read moreIt would seem that for many firms subject to MiFID II, trade and transaction reporting operations got off to a decent start. There is, however, still plenty to do during the second half of 2018 as firms review their tactical approaches and solutions and aim…
read moreWhilst execution venues, which include regulated markets, MTFs, OTFs and SIs, will be required to publish data relating to the quality of execution of all transactions at their venue, buy-side firms will need to demonstrate to their clients and regulators that they are actively using…
read moreOf course, the overall impact on asset management firms of the UK’s decision to leave the EU will depend upon the nature of the firm and the scope and scale of its activities. For example, UK domiciled fund managers who manage an EEA domiciled fund…
read moreThe RTS hasn’t been finalised yet, so there’s no need to start thinking about it yet…right? No…in all likelihood, transaction reporting under SFTR is going to be complex and a huge challenge, perhaps even more so than MiFIR transaction reporting. Whilst reporting obligations are not…
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