The European Commission has confirmed that it will extend equivalence for UK central counterparties through to 30 June 2025 and will enhance measures to build central clearing capacity in the EU
FMDQ Clear becomes an observer member of the global central counterparty association with immediate effect, supporting the development of the Nigerian post-trade services value chain towards global standards
This equivalence decision is set to expire on 30 June, but the associations request that the EC provide clarity as soon as possible and well in advance of March 2022
The data reveals that banks of all types have seen their credit quality decline with the largest shift being in Latin American banks, as seen by a 14:1 ratio showing far more deterioration than improvement
ESMA has published its final report containing draft regulatory technical standards relating to changes to CCP services and activities as well as models and parameters under EMIR