Tag: OJ
CSDR mini-delay OJ’d
As previewed, the RTS to postpone the application of the CSDR settlement discipline regime (“SDR”) until 1 February 2021 has been published in the OJ. Readers will recall that this delay was intended to give market participants some minimal extra time, to repaper documentation and allow IT systems to incorporate mandates due to be imposed […]
EU non-cleared margin rules published in OJ
The long wait for EU non-cleared margin rules is finally over. Delegated Regulation (EU) 2016/2251 was published in the Official Journal this morning. Publication fires the starting gun for application, giving a phase 1 start date for Category 1 IM and VM of , which will make an effective date of 6 February 2017. Phase 2 […]
BRRD RTS bonanza
The EC yesterday adopted a Delegated Regulation supplementing the BRRD. The regulation contains a number of RTS in the following areas: Content of recovery and resolution plans. EBA final drafts published in July 2014 and December 2014 Article 6(8). Principles and minimum criteria for assessment of recovery and resolution plans. EBA final draft published in […]
Resolve and thou art free
The Regulation to establish the Single Resolution Meachanism (SRM) and the Single Resolution Fund (SRF) has been published in the OJ today. Regulation (EU) No 806/2014 enters into force on the twentieth day following publication- 19 August 2014. Excepting certain derogations, the majority of the Regulation’s 99 Articles will apply from 1 January 2016. When […]