The ERCC鈥檚 SFTR taskforce has updated its reporting guide a sixth time to reflect new guidance on Brexit, settlement fails and LEIs, among other changes
The European Commission says it will not act on the ESMA鈥檚 findings of German regulatory negligence over Wirecard until domestic investigations conclude next year
Representatives from Melvin Capital, Robinhood, Reddit, and Citadel are among those due to testify at this week鈥檚 US House Committee on Financial Services鈥 GameStop hearing on 鈥減redatory鈥 short selling
AFME highlights the risk of mandatory buy-ins to Europe鈥檚 economic recovery from the pandemic and calling for the measure to be removed from the upcoming CSDR
Steven Maijoor, chair of the ESAs joint committee, says the significant set of rules issued provide a strong basis to improve ESG reporting and combat greenwashing
The 鈥渟pecial team鈥 will be formed this month and aims to strengthen oversight of short sellers, while market makers also face a host of new stringent trading restrictions
FSC chair Eun Sung-soo has confirmed the ban will not expire in March but will remain until 2 May, at which point short selling may resume on KOSPI 200 and KOSDAQ 150 stocks
To avoid damaging market liquidity and stability, the trade body suggests the CSDR settlement discipline regime should be split in two, with cash penalties going live in February and the buy-ins held pending a 鈥渋n-depth assessment"
EACH explains that a delay to CSDR鈥檚 SDR would provide market infrastructures and other market participants sufficient time to implement and would also avoid unnecessary duplicative implementation costs