Greater trading and liquidity transparency for ETFs brought on by MiFID II will 鈥渓ikely prompt a larger usage of ETFs for securities lending and collateral purposes from institutional investors鈥
French President Emmanuel Macron and several ministers have dismissed concerns over the negative effect of an EU financial transactions tax on securities lending revenue
The final version of Basel III鈥檚 leverage ratio rules are providing an early Christmas present for CCPs due to re-orientation towards RWA over minimum capital requirement
鈥淩egulation is limiting possibilities for the securities lending market鈥, according to Habib Motani, an international financial markets lawyer at Clifford Chance
The South African Securities Lending Association has raised serious concerns over the applicability of a proposed code of conduct for securities financing participants in the region
Adjustments are expected on the Supplemental Leverage Ratio (SLR) and Single Counterparty Credit Limits (SCCL) in the near future, following industry concerns
ESMA said those NCAs who did not identify good practices, would be consulted by ESMA on how they can make improvements in time for the MiFID II deadline
