In connection with the anticipated discontinuance of LIBOR and similar benchmarks, the International Swaps and Derivatives Association (ISDA) has published the 2020 IBOR Fallbacks Protocol (Protocol) to help market...more
With the continuing spread of the COVID-19 pandemic across the globe, its full implications remain unknown. For OTC derivatives market participants, COVID-19 raises a number of considerations that firms should take into...more
3/17/2020
/ Business Disruption ,
China ,
Commodities ,
Coronavirus/COVID-19 ,
Crisis Management ,
Derivatives ,
Emergency Management Plans ,
Financial Markets ,
Force Majeure Clause ,
Holidays ,
Infectious Diseases ,
Investment ,
ISDA ,
Market Participants ,
Over The Counter Derivatives (OTC) ,
Public Health ,
Valuation
Le règlement (UE) n°2019/834 (EMIR Refit ou EMIR 2.1) publié au JOUE le 28 mai 2019 est entré en vigueur le 17 juin 2019.
L'objectif majeur d’EMIR Refit est de limiter l'application du règlement (UE) n°648/2012 (EMIR) aux...more
7/29/2019
/ AIFs ,
AMF ,
Consumer Financial Products ,
Derivatives ,
EMIR ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Markets ,
Financial Services Industry ,
Non-Financial Counterparties (NFC) ,
Over The Counter Derivatives (OTC) ,
Special Purpose Vehicles ,
Threshold Requirements
With the date for the United Kingdom to leave the European Union rapidly approaching, several recent developments concerning derivatives (both legal and political) are likely to be of interest to UK and EU27 counterparties....more
2/13/2019
/ Central Counterparties ,
Cooperation Agreement ,
Derivatives ,
EMIR ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Instruments ,
Futures ,
Information Sharing ,
ISDA ,
Memorandum of Understanding ,
MiFID II ,
No-Deal Brexit ,
Over The Counter Derivatives (OTC) ,
Regulatory Agenda ,
Regulatory Requirements
Publication du règlement dit « Prospectus » abrogeant la directive Prospectus -
Le 30 juin 2017 a été publié au Journal officiel de l’UE le règlement n° 2017/1129 du 14 juin 2017 concernant le prospectus à publier en cas...more
7/11/2017
/ Banking Sector ,
Counterparty Risk ,
Derivatives ,
EMIR ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Markets ,
France ,
MiFID II ,
Prospectus ,
UK Brexit
Kramer Levin Snapshot est une newsletter bi-mestrielle visant à vous informer de l’activité des avocats de Kramer Levin
tant en matière de publication d’articles que d’animation de conférences. Nous attirons votre attention...more
This alert examines the priorities of the AMF (French SEC) regarding the amended EMIR regulation.
...more
5/15/2017
/ AMF ,
CCPs ,
Derivatives ,
EMIR ,
EU ,
European Central Bank ,
Financial Institutions ,
Financial Markets ,
France ,
Regulatory Standards ,
Reporting Requirements
This alert examines the draft Commission Regulation amending Regulation 648/2012 aka « EMIR Regulation » and Communication from the Commission to the EU Parliament and Council as well as to the European Central Bank.
...more
5/15/2017
/ Central Counterparties ,
Derivatives ,
EMIR ,
EU ,
European Central Bank ,
European Commission ,
Financial Institutions ,
Financial Markets ,
Over The Counter Derivatives (OTC) ,
Regulatory Standards ,
Reporting Requirements
This alert examines the Commission Delegated Regulation (EU) 2017/751 of 16 March 2017 amending Delegated Regulations (EU) 2015/2205, (EU) 2016/592 and (EU) 2016/1178 as regards the deadline for compliance with clearing...more