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Derivatives Margin Requirements & Legal Documentation
Banks and Investment Managers are seeing an increase in the complexity and scope of the legal documentation challenge, with mass repapering requirements around Derivative collateral management being just the tip of the iceberg. Its time to look at how efficiently you extract and use data from your legal documents, not just to meet regulatory requirements, […]
SFTR Implementation Dates
In March ESMA published its final RTS for SFTR. This doesn’t mean the 12 month implementation countdown has begun. We expect the European Comission and Parliament to ratify the RTS and publish it in the Official Journal of The European Union by October 2017. This would mean an SFTR go-live date of October 2018. Whilst market participants […]
Assessing the impact of SFTR
At TFE we’ve assessed the impact of SFTR on the Securities Lending and Repo life cycle, and of the 17 high level functional areas involved. We see 15 of these impacted by the regulatory requirements. With the upcoming requirements of Securities Lending Transaction Reporting is your business ready to cope? – Simon Davies
David Field features in Simcorp’s Webinar
Speaking on the state of Margin Requirements for Uncleared Derivatives in March 2017, David Field outlined the key challenges to the buy-side and firms who are impacted later by the IM requirement phase-in. Click here to view the webinar
Did Euronext overplay its hand?
Did Euronext overplay its hand? It seems that “intense” lobbying from Euronext, who would like to buy Italian exchange MTS as well as Clearnet from LSEG, persuaded Brussels to impose a last minute demand on LSEG to force it to sell MTS. LSEG rejected the demand, not least because the Italian regulator may not have […]
Mark Barnard joins The Field Effect
The Field Effect has appointed Mark Barnard as head of securities finance practice and subject matter expert. Mark brings a wealth of knowledge and expertise in collateral management, securities finance, prime brokerage, regulation & liquidity management. With over 25 years’ senior experience most recently as MD at RBS heading Equity Finance, Liquidity Management & Derivatives, Mark […]
Brexit Blog: The future for CCPs & Clearing Members
With all political signals pointing towards an exit from the common market, including clear statements from Philip Hammond and Eurosceptic David Davis’ appointment to the fledgling ‘Brexit Ministry’ what could the implications be for CCPs and Clearing Members? Clearing members may be faced with additional capital requirements as they would now fall under the ‘third-country’ […]
Brexit Blogs: Introduction & Goodbye EEA?
Over the past couple of weeks The Field Effect has been analysing the potential impact of Brexit on the banking industry. The only certainty is uncertainty, which is limiting the ability of firms to effectively plan their reaction. It is, however, highly likely that for political reasons the United Kingdom will leave the European Economic […]
TFE Modus
Keep on the lookout for newly expanded web content over the coming weeks. We will be announcing the launch of TFE Modus very soon!
OTC Clearing & Risk Management For The Buy-side Conference
Following our successful breakfast seminar on 7th April, David Field & Simon Davies will be speaking at The OTC Clearing & Risk Management For the Buy-side conference on Tuesday 26th & Wednesday 27th April. David will be chairing day 1 & Simon will be examining the impacts of margining on the buy-side during day 2. […]
