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                penalty amount (approximate):
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                • December 11, 2019

                  CPMI and IOSCO Report Increasing Coordination on FMI Oversight

                  The Committee on Payments and Market Infrastructures and IOSCO reported that there is increasing coordination among global financial authorities in overseeing financial market infrastructures.
                • December 04, 2019

                  CFTC Chair Heath Tarbert Sets Strategic Priorities for 2019

                  CFTC Chair Heath P. Tarbert described five strategic goals for the agency and outlined related action plans.
                • November 20, 2019

                  CFTC Chair Heath Tarbert Calls for Principles-Based Approach to FinTech

                  CFTC Chair Heath Tarbert called for a "predominately principles-based approach" to regulating digital assets and other FinTech products.
                  bzwirb's picture
                  Commentary by Bob Zwirb
                • November 12, 2019

                  Trade Associations Urge European Commission to Extend Temporary Equivalence of UK CCPs

                  A group of fourteen trade associations urged the European Commission to grant an extension for the temporary equivalence for UK central counterparties until certain regulatory implementations have been made under EMIR 2.2 and until the European Securities and Markets Authority.
                • October 29, 2019

                  SEC Allows a NY Trust Company to Use Blockchain to Settle Equities Securities Trades

                  The SEC Division of Trading and Markets issued a time-limited no-action letter allowing a New York limited purpose trust company to use blockchain technology to settle equities securities trades.
                  Steven.Lofchie@cwt.com's picture
                  Commentary by Steven Lofchie
                • October 24, 2019

                  Federal Register: CFTC Proposes Extending Initial Margin "Phase Five" Implementation

                  A CFTC proposal to extend the implementation date of initial margin requirements for 2020 and 2021 was published in the Federal Register.
                • October 22, 2019

                  Federal Register: CFTC Proposes Certain Amendments to Swaps Margin Rules

                  A CFTC proposal amending uncleared swap margin regulations to exempt certain transactions from the European Stability Mechanism was published in the Federal Register.
                • October 17, 2019

                  ISDA Provides Additional FAQs on Potential "No Deal" Brexit

                  ISDA offered additional guidance on documentation for the OTC derivatives market in the event of a "no deal" Brexit.
                • October 16, 2019

                  CFTC Proposes Amendments to Swaps Margin Rules

                  The CFTC voted to propose amending its uncleared swap margin regulations to (i) extend the implementation date of initial margin requirements, and (ii) exempt certain transactions from uncleared margin requirements.
                  nihal.patel@cwt.com's picture
                  Commentary by Nihal Patel
                • October 04, 2019

                  ISDA CEO Warns of Potential Risks Relating to DTOs Post-Brexit

                  ISDA CEO Scott O'Malia highlighted potential issues affecting derivatives trading obligations following Brexit in the absence of an equivalence determination.
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