Capital markets
ECB: access to finance of SMEs in the EU
Posted in: News
Giu
06
2018
The European Central Bank (ECB) published today the yearly analytical report collecting the result of the Survey on the Access to Finance of Enterprises (SAFE) for the year 2017. The survey is conducted on a sample of Small-Medium Enterprises (SME) across Europe. Table 1 summarizes ...more »
Tagged width: capital markets, ecb
Central Counter Party Clearing in Europe
Posted in: News
Giu
01
2018
Yves Mersch, Member of the Executive Board of the ECB, at the Frankfurt Finance Summit, Frankfurt, 29 May 2018 illustrated the key role played by central counterparties in Europe. During the 2008 financial crisis, counterparty risks became infamous. The failure of Lehman Brothers and the large ...more »
Tagged width: capital markets, ecb
Giu
01
2018
The European Banking Authority (EBA) launched two consultations on draft regulatory technical standards (RTS) specifying an economic downturn and on a set of Guidelines related to the estimation of loss given default (LGD) appropriate for conditions of an economic downturn. The draft RTS specify the ...more »
Tagged width: capital markets, EBA
Giu
01
2018
The European Commission is today proposing new rules that will allow market-led solutions to support further integration and diversification within Europe’s financial sector, leading to a stronger and more resilient Economic and Monetary Union. Today’s proposal will remove unwarranted regulatory obstacles to the market-led development ...more »
Tagged width: capital markets, EC
MiFID II: a revolution of trading activity in the capital market landscape
a cura di Deloitte Italia
Posted in: Articolo
Mag
15
2018
Today’s European financial markets hardly look like the ones from 10 years ago. Financial Markets are definitely more complex: high speed of electronic trading, wide range and complexity of financial instruments, explosion in trading volumes, fragmentation of trading venues and proliferation of OTC trading activity. ...more »
Tagged width: capital markets, deloitte
Mag
14
2018
The Basel Committee on Banking Supervision today issued the Capital treatment for simple, transparent and comparable short-term securitisations. This standard supplements the Criteria for identifying simple, transparent and comparable short-term securitisations issued jointly with the International Organization of Securities Commissions (IOSCO). The standard sets out additional guidance and ...more »
Tagged width: basel commitee, capital markets
IMF: Volatility Strikes Back
Posted in: News
Mag
14
2018
The bouts of volatility in early February and late March that spooked investors were confined to equity markets. Nevertheless, they illustrate the potential for sudden market moves to expose fragilities in the financial system more broadly. With central banks in advanced economies set to normalize ...more »
Tagged width: capital markets, imf
Mag
08
2018
The European Securities and Markets Authority (ESMA) has published today its first liquidity assessment for bonds subject to the pre-and post-trade requirements of the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). ESMA’s assessment of the European bond market for the first quarter ...more »
Tagged width: capital markets, esma
Mag
02
2018
The Financial Stability Board (FSB) released a toolkit that firms and supervisors can use to mitigate misconduct risk. The FSB’s work in this area follows widespread misconduct in the financial sector including the manipulation of wholesale markets and retail misselling. Such misconduct in the financial ...more »
Tagged width: capital markets, FSB
Mag
02
2018
Banca d’Italia ha pubblicato il primo rapporto sulla stabilità finanziaria 2018, che include anche l’andamento del mercato assicurativo. In sintesi, i rischi per la stabilità finanziaria appaiono mitigati dalla crescita robusta dell’economia globale e dal rafforzamento del settore bancario nell’area Euro. I rischi connessi con ...more »
Tagged width: capital markets
