ICMA Market Practice Regulatory Policy

ICMA FIIF submits response to EBA on Asset Encumbrance Reporting

Wed, 19 Jun 2013 00:00:00 +0100

19 June 2013 The ICMA FIIF has submitted a response to the EBA in relation to their Consultation Paper regarding Draft Implementing Technical Standards on Asset Encumbrance Reporting.

To view the response, click here.

ICMA submits comments to IOSCO regarding principles for benchmarks

Thu, 16 May 2013 00:00:00 +0100

16 May 2013 The ICMA has submitted a response to IOSCO’s consultation regarding principles for financial benchmarks.

To see the response, click here.

ICMA ERC submits comments to CPSS/IOSCO on trade repositories

Wed, 15 May 2013 00:00:00 +0100

10 May 2013 The ICMA ERC has submitted comments to CPSS/IOSCO in relation to their joint consultative report regarding “Authorities’ access to trade repository data”.

To see the ERC response regarding one aspect of this consultation, click here.

ICMA Quarterly Report Second Quarter 2013

Tue, 09 Apr 2013 00:00:00 +0100

9 April 2013 The latest edition of the ICMA quarterly report is now available.

To download the report, click here.

Economic Importance of the Corporate Bond Markets

Sun, 07 Apr 2013 00:00:00 +0100

8 April 2013 ICMA has prepared a paper for policy makers about why corporate bond markets are so important for economic growth, for investors, for companies, and for governments, around the world; and why it is therefore essential that laws and regulations that affect them avoid any unintended adverse consequences that could inhibit those markets.

To view the paper, click here.

Repo FAQs

Thu, 14 Feb 2013 00:00:00 +0000

A comprehensive list of FAQs on the repo market, ranging from the simplest enquiries such as “What is a repo?” to more detailed topical discussions on specialist questions, for example “Do haircuts/margins exacerbate pro-cyclicality?”, is now available to the market from the link below.

Click here to view

ICMA submits comments regarding benchmarks to IOSCO and to ESMA-EBA

Mon, 11 Feb 2013 00:00:00 +0000

11 February 2013 The ICMA has submitted responses to IOSCO and ESMA-EBA consultations regarding benchmarks.

To see the responses, click here.

ICMA ERC & AMIC submit comments to the FSB on shadow banking

Mon, 14 Jan 2013 00:00:00 +0000

14 January 2013 The ICMA ERC and the ICMA AMIC have submitted comments to the FSB in relation to the FSB’s three consultative documents regarding “Strengthening Oversight and Regulation of Shadow Banking”.

To see the ERC response on repo related aspects, click here.
To see the AMIC response, click here.

ICMA responds to EC Consultation Paper on non-bank recovery and resolution

Fri, 21 Dec 2012 00:00:00 +0000

21 December 2012 ICMA has responded to the European Commission's consultation on a possible framework for the recovery and resolution of nonbank financial institutions.

To see the response click here.

ICMA submits comments to BBA on “Strengthening LIBOR”

Thu, 06 Dec 2012 00:00:00 +0000

6 December 2012 ICMA has submitted a response to the BBA’s consultation on "Strengthening LIBOR".

To see the response, click here.

ICMA submits comments to European Commission on “benchmarks”

Tue, 27 Nov 2012 00:00:00 +0000

27 November 2012 The ICMA has submitted a response to the European Commission’s "Consultation Document on the Regulation Of Indices".

To see the response, click here.

ICMA responds to EC Consultation Paper on Liikanen’s recommendations

Tue, 13 Nov 2012 00:00:00 +0000

13 November 2012 The ICMA has responded to the European Commission's consultation on the recommendations of the Liikanen High-level Expert Group.

To see the response, click here.
To see our new webpage "Information on European Banking Union and Bank Structural Reform", click here.

ICMA AMIC responds to EC Consultation Paper on UCITS

Thu, 18 Oct 2012 00:00:00 +0100

18 October 2012 The ICMA AMIC has responded to the European Commission's Consultation Paper on UCITS: Product Rules, Liquidity Management, Depositary, Money Market Funds and Long-term Investments.

To see the response, click here.
For more information, see the UCITS tab on our webpage here.

FATCA information resources

Mon, 08 Oct 2012 00:00:00 +0100

Many are still unclear as to the implications of FATCA, particularly regarding capital market transactions. Consequently, ICMA has published a webpage where some useful resources are available.

Click here to view.

ICMA submits comments on recovery and resolution of FMIs

Fri, 28 Sep 2012 00:00:00 +0100

28 September 2012 The ICMA has submitted comments to the CPSS and IOSCO, in relation to the bail-in aspect of their joint consultative report on Recovery and Resolution of Financial Market Infrastructures.

To see the comments, click here.

ICMA AMIC and ERC submit comments on margin requirements for non-centrally-cleared derivatives

Thu, 27 Sep 2012 00:00:00 +0100

28 September 2012 The ICMA AMIC and the ICMA ERC have both submitted comments to BCBS and IOSCO, in relation to their joint consultative paper on “Margin requirements for non-centrally-cleared derivatives”.

To see the AMIC response, click here.
To see the ERC response, click here.

ICMA AMIC responds to ESMA Consultation Paper on recallability of repo and reverse repo arrangements

Tue, 25 Sep 2012 00:00:00 +0100

25 September 2012 The ICMA AMIC has responded to ESMA's Consultation Paper on recallability of repo and reverse repo arrangements.

To see the response, click here.

ICMA ERC submits comments on broadening the UK resolution regime

Tue, 25 Sep 2012 00:00:00 +0100

24 September 2012 The ICMA ERC has submitted comments to HMT, in relation to its consultation paper on broadening the UK resolution regime to cover non-bank financial institutions.

To see the response, click here.

ICMA ERC submits comments on the recovery and resolution of FMIs

Mon, 24 Sep 2012 00:00:00 +0100

24 September 2012 The ICMA ERC has submitted comments to CPSS and IOSCO, in relation to their joint consultative report on the “Recovery and resolution of financial market infrastructures".

To see the response, click here.

ICMA submits comments to the Wheatley Review

Fri, 07 Sep 2012 00:00:00 +0100

7 September 2012 The ICMA has submitted comments in relation to the August 2012 initial discussion paper “The Wheatley Review of LIBOR”.

To see the comments, click here.

ICMA responds to EBA on Draft Regulatory Standards on Own Funds

Tue, 03 Jul 2012 00:00:00 +0100

3 July 2012 ICMA has responded to the questions enumerated in the European Banking Authority (EBA) Consultation Paper on Draft Regulatory Technical Standards on Own Funds.

Click here to see the response.

ICMA CBIC feedback on ECBC Covered Bond Label Initiative

Fri, 15 Jun 2012 00:00:00 +0100

15 June 2012 The ICMA Covered Bond Investor Council (CBIC) has given feedback to the ECB and the EMF on the ECBC Covered Bond Label Initiative.

The comments are available here.

ICMA AMIC responds to EC Green Paper on shadow banking

Fri, 15 Jun 2012 00:00:00 +0100

15 June 2012 The ICMA Asset Management and Investors Council (AMIC) has responded to the EC on it's Green Paper on shadow banking and shared its concerns regarding the definitions of the term ‘shadow banking’ and its potential effects on the asset management industry.

To view the response, click here.

ICMA ERC submits comments to the European Commission on shadow banking

Wed, 30 May 2012 00:00:00 +0100

30 May 2012 The ICMA ERC has submitted comments to the European Commission in relation to its Green Paper on Shadow Banking.

To see the comments, click here.

ICMA ERC submits comments to the FSB on shadow banking and repos

Wed, 23 May 2012 00:00:00 +0100

22 May 2012 The ICMA ERC has submitted comments to the FSB in relation to the FSB Shadow Banking Workstream’s Interim Report on Securities Lending and Repos.

To see the comments click here

ICMA CBIC/Covered Bond Report event held in Frankfurt on 10 May

Fri, 11 May 2012 00:00:00 +0100

11 May 2012 Andreas Denger, Vice Chairman of the CBIC, presented the transparency template, its rationale and the amendments made to the template.

For more information, click here.

ICMA submits comments to European Commission on “bail-ins”

Fri, 20 Apr 2012 00:00:00 +0100

20 April 2012 The ICMA has submitted a letter in response to the questions enumerated in the European Commission’s "Discussion paper on the debt write-down tool – bail-in".

To see the letter, click here.

ICMA ERC submits comments to ESMA on draft regulatory technical standards

Mon, 02 Apr 2012 00:00:00 +0100

2 April 2012 The ICMA ERC has submitted comments to ESMA, in relation to the ESA joint consultation paper on draft regulatory technical standards on risk mitigation techniques for OTC derivatives not cleared by a CCP under EMIR.

To see the comments, click here.

ICMA AMIC ETF Working Group submits response to ESMA consultation paper

Fri, 30 Mar 2012 00:00:00 +0100

30 March 2012 The AMIC ETF Working Group has submitted a response to the ESMA discussion paper on policy orientations on guidelines for UCITS Exchange-Traded Funds and Structured UCITS.

To view the response, click here.

AFME, ICMA, ISLA and ISDA joint input for ESMA Consultation Paper on possible Delegated Acts

Sat, 10 Mar 2012 00:00:00 +0000

10 March 2012 AFME, ICMA, ISLA and ISDA have submitted their joint input for ESMA Consultation Paper on possible Delegated Acts concerning the regulation on short selling and certain aspects of credit default swaps ((EU) No XX/2012).

To see the response, click here.

ICMA AMIC Solvency II Working Group submits response to EIOPA Consultation Paper

Mon, 20 Feb 2012 00:00:00 +0000

20 February 2012 The AMIC Solvency II Working Group has submitted a common response to the EIOPA Consultation Paper on the proposal for Quantative Reporting Template for Financial Stabiity Purposes.

To see the response, click here.

AFME, ICMA, ISLA and ISDA joint input for ESMA Consultation Paper on draft technical standards

Mon, 13 Feb 2012 00:00:00 +0000

13 February 2012 AFME, ICMA, ISLA and ISDA have submitted their joint input for ESMA Consultation Paper on draft technical standards on the Regulation (EU) xxxx/2012 of the European Parliament and of the Council on short selling and certain aspects of credit default swaps.

To see the response, click here.

ICMA AMIC Solvency II Working Group submits response to EIOPA Consultation Paper

Fri, 20 Jan 2012 00:00:00 +0000

20 January 2012 The AMIC Solvency II Working Group has submitted a common response to the EIOPA Consultation Paper on the proposal for Quantative Reporting Templates.

To see the response, click here.

ICMA's survey on “Buffer Contingent Capital Securities” and response to EBA on capital buffers

Tue, 17 Jan 2012 00:00:00 +0000

17 January 2012 ICMA has responded to the European Banking Authority (EBA) on its 'Recommendation on the creation and supervisory oversight of temporary capital buffers to restore market confidence'.

To see the response and the results of ICMA's related survey, click here.

ICMA responds to Commission green paper on Stability Bonds

Fri, 06 Jan 2012 00:00:00 +0000

6 January 2012 ICMA has responded to the European Commission on its green paper on the feasibility of introducing Stability Bonds.

To view the response, click here.

ICMA responds to ESMA on Prospectus Directive

Fri, 06 Jan 2012 00:00:00 +0000

6 January 2012 ICMA has responded to ESMA's further consultation on ESMA’s technical advice on possible delegated acts concerning the Prospectus Directive as amended by the Directive 2010/73/EU.

To view the response, click here.