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Dentons | European Union | 17 Feb 2012

ECON and council agree EMIR

Late on 9 February, the Economic and Monetary Affairs Committee in the EP announced it had finally struck a compromise deal with representatives from the European Council on the Regulation on OTC Derivatives, Central Counterparties and Trade Repositories (popularly known as the European Market Infrastructure Regulation or EMIR).
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Dentons | European Union | 17 Feb 2012

EBA makes capital plan assessment

EBA has made a preliminary assessment of the capital plans banks have submitted in response to EBA’s recommendation on recapitalisation.
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Dentons | European Union | 17 Feb 2012

EBA consults on large exposures reporting

EBA has published a consultation paper on a draft Implementing Technical Standard on reporting of large exposures.
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Dentons | European Union | 17 Feb 2012

Commission welcomes EMIR agreement

Michel Barnier welcomed the agreement on EMIR, but said it is now crucial to drive through the legislative changes that will complement it.
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Dentons | European Union | 17 Feb 2012

ESMA publishes short-selling responses

ESMA has published the responses it received to its consultation on technical standards for short-selling and credit default swaps.
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Dentons | European Union | 17 Feb 2012

ESMA consults on short-selling technical advice

ESMA has published its draft advice on technical measures under the Regulation on short-selling and credit default swaps.
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Dentons | Switzerland, United Kingdom | 10 Feb 2012

FSA and FINMA confirm UBS enforcement action

FSA has published a statement confirming both it and the Swiss Financial Market Supervisory Authority (FINMA) have commenced formal enforcement investigations against UBS in respect of trading losses incurred by the UBS AG London branch.
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Dentons | European Union | 10 Feb 2012

ECON publishes EESC opinion on CRD IV

ECON has published the opinion of the European Economic and Social Committee on the proposal for the Directive and Regulation that will comprise what is known as the fourth Capital Requirements Directive (CRD IV).
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Dentons | United Kingdom | 3 Feb 2012

FSA fines and bans over misconduct

FSA has fined a trader and former compliance officer £130,000 for failing to make reasonable enquiries before selling his firm's shareholding in Punch Taverns.
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Dentons | United Kingdom | 3 Feb 2012

FSA finalises CCP risk management guidance

FSA has published its finalised guidance on its reviews of counterparty credit risk management by central counterparties.
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