Under the new operating model, Clarus Risk will source fund asset and liability data from INDOS Financial to generate liquidity risk metrics via its RiskMonitor Liquidity solution
Steven Maijoor, chair of the ESAs joint committee, says the significant set of rules issued provide a strong basis to improve ESG reporting and combat greenwashing
While some national competent authorities at EIOPA’s board continued to express reservations on the draft RTS, they supported the proposal based on the further details provided by the commission on their approach to the broader review of PRIIPs
“Don’t try to fix something that’s not broken”, was the message from associations to the European Commission consultation on the Alternative Investment Fund Managers Directive Review
Utilising Velocity in its Dublin office, Mercer says the new platform has increased efficiency, reduced risk, and helped meet the regulatory requirements
The decision is an important first step for US CCPs registered with the SEC to be recognised in the European Union as it will allow the US CCPs to apply for recognition by ESMA
“Already concerns have been raised around how these can be adopted and whether they should be the solution for EMIR standardisation,” explains Capco’s Stephen McPherson