European Commission (EC)
US regulators favour September margin deadline
September 1 roll-out would threaten bilateral swap trading chasm between EU and US
König: banks should not wait to build bail-in buffers
Single resolution board head also warned against political back-sliding on bail-in
Delay US non-cleared margin rules, industry tells Congress
“This puts the US banks at a huge disadvantage relative to the European banks,” says CME’s Duffy
Council of the EU set to agree on money market fund reform
Amendments and deadline extension spark relief among end-users
Compliance burden jeopardises EU securitisation revival
Parliamentary rapporteur undermines STS with investor due diligence plan
Europe set to delay variation margin regime
Delay to initial margin deadline likely to be accompanied by smaller shift in variation margin timetable
EU could go it alone on leverage ratio, says MEP
Swinburne says clearing should be shielded from ratio “if Basel does not deliver”
Esma changes to position limits seen as ‘sensible’
Regulator allows higher limits for less liquid commodity derivative contracts
EU regulators warn on US resolution rules
Questions on US TLAC bills for foreign subsidiaries and bankruptcy-based resolution
Pressure grows for more opt-outs from Basel for smaller banks
Key MEP urges broader exemptions for regional banks as FRTB looms
Enria: new legislation can help bolster AT1 market
The EBA is also reconsidering its advice to the European Commission on the treatment of CVA risk
Partial reprieve for package trades in Mifid II deal
Some trades will face transparency, but the outcome “could have been worse”
Esma hits back at "overly burdensome" Mifid II phase-in
Agency resists EC proposal for annual liquidity review
Just 3% of bonds deemed liquid in EC's Mifid II phase-in plan
Staggered implementation of transparency regime could allow further easing of regulation
Denmark to pre-empt Mifid II on inducements ban
Industry opposes 2017 implementation, which would "endanger" investor protection
OCC "pushing big time" for SEC-EU equivalence deal
Clearing house could lose up to 25% of its members without agreement
EC sides with big energy companies in Mifid II spat
Commission urges Esma to restore ‘capital employed’ test desired by industry
EU position limits pose headaches for national regulators
Proposed Mifid II limits on thousands of commodity contracts worry some officials
EC urged to target initial margin for CCP recovery
Irish central banker says haircuts should be seen as temporary loans to CCPs in a crisis
CCPs must be able to haircut initial margin in a crisis
Initial margin is the best source of liquidity for CCPs in a crisis, argues Irish central banker
Europe opens door to Mifid II package trade waiver
MEPs to vote on four changes to Mifid II text on March 17
MEPs split on how to protect package trades from Mifid II
Ferber warns amending text "risks opening Pandora's box"
Bundesbank’s Buch slams lower capital for insurers in infrastructure
Deputy president says the use of prudential regulations to achieve economic policy objectives is “highly problematic”
EU benchmark rules open to regulatory arbitrage, say rate-setters
Fears firms may seek to limit scope of publication if ‘index’ definition is too narrow