The European Securities and Markets Authority adopted decisions to recognize ICE Clear Europe Limited, LCH Limited and LME Clear Limited as third-country central counterparties beginning on January 1, 2021.
In an op-ed in The Wall Street Journal, CFTC Chair Heath Tarbert and European Commission Executive Vice President Valdis Dombrovskis described recent action on regulation and supervision of DCOs.
The European Council and the European Parliament approved a deal outlining a regulatory framework relating to the recovery and resolution plans of central counterparties.
The European Supervisory Authorities made final revisions to report on bilateral Margin Regulatory Technical Standards requirements in order to align with the Basel Committee and IOSCO international framework.
The UK Information Commissioner's Office will impose fines for violations of data security rules under the European Union's General Data Protection Regulation.
Data protection and privacy enforcement regulators expressed concern over the lack of information provided by Facebook and other members of the Libra Network regarding the proposed cryptocurrency.
The Chair of the Supervisory Board of the European Central Bank, Andrea Enria, asked the CEOs of the largest banks in the Eurozone to explain how they plan to deal with upcoming changes to a number of interest rate benchmarks.
