International News
IOSCO publishes Good Practices on processes for deference
Published on:
26-Jun-2020
The Board of the International Organization of Securities Commissions (IOSCO) published a series of eleven good practices on processes for deference to assist regulatory authorities in mitigating the risk of unintended, regulatory-driven market fragmentation and to strengthen international coop...
Read More
CPMI-IOSCO publish a report on CCP auctions
Published on:
25-Jun-2020
The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) published a report entitled “Central counterparty default management auctions – Issues for consideration”. The report outlines certain issues that c...
Read More
ARAB MONETARY FUND RELEASES “GUIDING PRINCIPLES FOR SUPERVISORY AUTHORITIES TO DEAL WITH THE IMPACT OF THE CRISES ON CAPITAL MARKETS IN THE ARAB COUNTRIES”
Published on:
24-Jun-2020
The Arab Monetary Fund (AMF) has issued a “Guiding principles for supervisory authorities to deal with the impact of the crises on capital markets in the Arab countries”. The guide covers a set of guidance driven by well-known best practices globally and regionally in dealing with c...
Read More
The World Federation of Exchanges issues industry guidance on non-default losses
Published on:
11-Jun-2020
The World Federation of Exchanges (“WFE”) set out how CCPs ensure that certain non-credit losses that might rarely occur in relation to central clearing are allocated in a transparent, predictable and equitable manner.WFE guidance addresses the treatment of such ‘non-default l...
Read More