Fixed Overheads

Clarification of methodology provided by the EBA in draft Delegated Regulation

EMIR Review

The FCA has undertaken a review on how industry dealt with the new obligations under EMIR

AIFMD: Marketing Reminder

The AIFMD transitional period ends 21 July 2014 after which AIFMs will require either FCA approval or will have to provide notification to the FCA regarding marketing

EMIR: Clearing Update

ESMA has published two consultation papers on clearing obligations in regard to IRS's and CDS's

EMIR: Additional Reporting

Firms subject to EMIR should be aware that additional (daily) reporting to a Trade Repository (TR) comes into force on 11 August.


MiFID II and the Regulation (MiFIR) texts agreed by both the European Parliament and the European Council


Both the European Parliament and the European Council appear to have reached wording agreement UCITS V

EMIR: Risk Mitigation

FCA statement on risk mitigation techniques relating to OTC derivative trades not cleared by a CCP

AIFMD: Authorisation Deadline

HM Treasury intends to amend AIFM Regulations 2013 which will impact all AIFMs making use of the transitional provisions