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Tag Archive: banking regulations


Initially thought of sharing my review on the Wolf of Wall Street today, but I do not wanted to break the series of the EMIR blogregulations that we ended up yesterday choosing the Trade repositories (TR). Now we stand at the point from the Question no.4 of yesterday’s post.

a) Choose a 3rd Party Provider, following your decision to delegate

b) Decide which TR you will connect to, if you will self-report

c) Liaise with your counterparties to find out their requirements, if you will delegate reporting to them.

Question 4: What are the criteria to be taken into account before choosing my 3rd Party Providers?

The 3rd Party Provider should help you adapt to the new workflow for Trade Reporting as it will serve as the go-between with TRs.  Continue reading

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As we know this will be the year of Regulators across the globe, the deadlines are approaching to implement the regulations and Googlesome regulations already imposed on the financial industry. Trade Repositories to offer their services to Europe’s entities and ESMA’s updated version of EMIR implementation timeline showed the 12th of February as the start date for trade reporting, for all derivative asset classes, for both ETD and OTC derivatives.

Addressing few questions today and will continue to address in the future posts.

Question1: What’s your budget for Regulatory projects? Continue reading

Its been while not posted about the regulatory stuff as in the past I’ve frequently expressed concern that the legacy of Dodd-Frank will be to Googlepromote artificial consolidation of the banking industry by driving small banks out of business and making large banks even more “Too Big to Fail.” This is for two reasons.

The first reason would be if Dodd-Frank perpetuates the so-called TBTF subsidy. This is the idea that being designated too big to fail creates an implicit government guarantee for creditors that permits large banks to access capital markets more cheaply than non-TBTF banks. Whether there is a continued subsidy, and if so, how large, seems to be still somewhat undetermined at this point. Continue reading

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