ESMA鈥檚 technical advice details how to specify the conditions under which the commercial terms for the provision of clearing services for OTC derivatives are to be considered compliant with FRANDT
鈥淭he increase was somewhat larger than expected and follows recent moves by Germany and the EU more generally to step up their fiscal stimulus,鈥 explains Rupert Thompson, CIO at Kingswood
One of the UK鈥檚 largest pension schemes and long-term securities lender USS has for the first time committed to excluding investment and divesting in sectors it deems 鈥渇inancially unsuitable鈥
Nykredit's Line Vesth, a senior regulatory specialist, tells SLT that among industry participants, the European Commission was not expected to allow the 12-month delay