The European Securities and Markets Authority (ESMA) is publishing this Public Statement to address the risks of a no-deal Brexit scenario in the area of central clearing. The ESMA Board of Supervisors supports the continued access to UK CCPs to limit the risk of disruption in ...more »

The Board of the International Organization of Securities Commissions (IOSCO) is requesting feedback on a proposed framework to help measure leverage used by investment funds which in some circumstances could pose financial stability risks. The proposed framework, ...more »

The European Securities and Markets Authority (ESMA) has today made available new data for bonds subject to the pre- and post-trade requirements of the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR) through its data register. ESMA will start today to make available the third ...more »

US dollar credit to non-bank borrowers outside the United States rose to nearly $11.5 trillion at end-June 2018, up by 6% over the previous year, with debt securities continuing to grow much faster than loans: by 8.5% compared with 2.5%. Euro-denominated credit to non-bank borrowers outside the ...more »

The European Securities and Markets Authority (ESMA) published its first Annual Statistical Report (Report) on the European Union’s (EU) derivatives markets. The Report, based on data submitted under the European Markets and Infrastructure Regulation (EMIR), provides the first ...more »

The Financial Stability Board (FSB) Plenary met in Ottawa on October 23rd to discuss market developments and vulnerabilities in the global financial system. Members considered that, while global growth remained solid, it has become more uneven across economies, and some downside ...more »

La letteratura economica ha posto un focus maggiore sui problemi connessi con il rischio di credito, ponendo dall’altro lato una minore attenzione al rischio di mercato. Al riguardo va anche ricordato che il primo Accordo di Basilea si ...more »

The European Securities and Markets Authority (ESMA) today publishes a working paper examining liquidity in EU fixed income markets, providing a broad overview of market liquidity in EU sovereign bond and corporate bond markets. The study, reporting on different aspects of market liquidity, ...more »

The European Banking Authority (EBA) published today two reports on EU banks' funding plans and asset encumbrance respectively. The reports aim to provide important information for EU supervisors to assess the sustainability of banks' main sources of funding. The results of the assessment ...more »