Capital markets
Set
08
2018
Peter Praet, Member of the Executive Board of the ECB, at the Eurofi Financial Forum 2018, enlightened the importance of the Banking Union as the final objective of financial integration. The European Union has now have a single supervisor and a single resolution authority, and ...more »
Tagged width: capital markets, ecb
Ago
04
2018
The board of the International Organization of Securities Commissions (IOSCO) today published eight recommendations to assist trading venues and regulatory authorities in the implementation of mechanisms to manage extreme volatility and preserve orderly trading. Following recent extreme volatility events, regulatory authorities and trading venues have ...more »
Tagged width: capital markets, iosco
Lug
20
2018
The European Securities and Markets Authority (ESMA) has published supplementary guidance on the application of the endorsement regime for non-EU credit ratings under the Credit Rating Agencies Regulation (CRAR). In order to ensure that third-country credit ratings, which are endorsed for use by EU investors, meet requirements ...more »
Tagged width: capital markets, esma
Giu
15
2018
The European Securities and Market Authority (ESMA) issued the first report on the supervisory measures and penalties carried out under the European Market Infrastructure Regulation (EMIR). The report focuses in particular on the supervisory actions undertaken national authorities, their supervisory powers and the interaction between these authorities ...more »
Tagged width: capital markets, esma
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
