Trade repositories reported a total of 74 million open transactions at the end of 2017, amounting to a gross notional outstanding of around €660 trillion, according to ESMA’s first annual statistic report on the EU’s derivatives markets
The temporary period allowing for a smooth introduction of the use of legal entity identifiers under Markets in Financial Instruments Regulation, ends today (2 July)
The temporary period allowing for a smooth introduction of the use of legal entity identifiers, will not be further extended and cease in July 2018, according to ESMA
The European Commission’s proposal amending elements of UCITS and AIFM directives could have been given greater scope and effectiveness, according to ALFI