Posts Tagged ‘ derivatives ’

Covered win swap concessions, but law changes for OC seen

Oct 10th, 2014
Norwegian Parliament image

ESMA released final draft RTS on central clearing requirements for OTC derivatives on Wednesday of last week (1 October) that featured several concessions to the covered bond industry, but the regulator did not make all the requested changes and related changes to Norwegian and Swedish laws are now in store.

ESAs’ EMIR consult offers swaps hope for covered bond industry

Apr 17th, 2014
EBA offices in London

European Supervisory Authorities EBA, ESMA and EIOPA launched a consultation on draft Regulatory Technical Standards for EMIR on Monday, which they said provide some flexibility for covered bonds, with one source cautiously welcoming the proposals as “looking quite positive”.