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                  • October 28, 2019

                    EU Agrees to UK Request to Postpone Brexit

                    The European Union Council agreed to extend the deadline for Brexit from October 31, 2019 to January 31, 2020.
                  • September 13, 2019

                    CFTC, European Commission Reaffirm Mutual Commitment to Implement G20 Reforms

                    In a joint statement, the CFTC and the European Commission reaffirmed their commitment to "transatlantic cooperation" among regulators and to implement G20 reforms to the derivatives market.
                  • March 25, 2019

                    European Commission Extends Brexit Deadline

                    The European Commission extended the deadline for Brexit from March 29, 2019 to May 22, 2019 on the condition that UK Prime Minister Theresa May's proposed withdrawal agreement is approved by the UK Parliament.
                  • March 14, 2019

                    EU Lawmakers Agree to Clearing Legislation

                    EU lawmakers agreed to new legislation on how EU and third-country clearinghouses should be supervised in the future. CFTC Chair J. Christopher Giancarlo weighed in re-raising concerns about implementation.
                  • February 27, 2019

                    EU Extends Benchmark Regulation Deadline

                    EU policymakers agreed to give the providers of "critical benchmarks" until December 31, 2021 to comply with the new Benchmark Regulation requirements.
                    lary.stromfeld@cwt.com's picture
                    Commentary by Lary Stromfeld
                  • February 13, 2019

                    European Commission List of AML-Deficient Jurisdictions Includes U.S. Territories

                    The U.S. Treasury Department stated that it expects U.S. financial institutions to ignore the European Commission's list of jurisdictions with strategic Anti-Money Laundering / Countering the Financing of Terror deficiencies.
                    Christian.Larson@cwt.com's picture
                    Commentary by Christian Larson
                  • December 17, 2018

                    ISDA Urges European Authorities to Extend Equivalence Derogation under Clearing RTS

                    ISDA urged the European Commission and the European Securities Authorities to extend certain derogations relating to clearing and margin.
                    nihal.patel@cwt.com's picture
                    Commentary by Nihal Patel
                  • November 15, 2018

                    European Commission and UK Negotiators Draft Brexit Agreement

                    European Commission and UK negotiators set out a draft of the terms of the UK's exit from the European Union.
                    assia.damianova@cwt.com's picture
                    Commentary by Assia Damianova
                  • October 29, 2018

                    European Union Considers Expanding Authority over Foreign CCPs

                    The Council of the European Union updated a proposal to require systemically significant foreign central counterparties to adopt the EMIR and adhere to regulation by the European Securities and Markets Authority and the European Central Bank.
                  • December 05, 2017

                    European Commission Recognizes U.S. DCMs and SEFs as "Equivalent"

                    The European Commission recognized certain CFTC-regulated DCMs and SEFs as "eligible for compliance" with EU trading obligation for certain derivatives.
                    Steven.Lofchie@cwt.com's picture
                    Commentary by Steven Lofchie
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