Latest news with #EMIR
Finextra
15-07-2025
- Business
- Finextra
Tools for Brokers and TRAction strike regulatory reporting alliance
TRAction and Tools for Brokers (TFB) are pleased to announce a strategic partnership centred around the integration of TRAction's regulatory reporting solution with TFB's flagship liquidity bridge, Trade Processor. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The collaboration is designed to enhance the functionality and value of both firms' offerings, while simplifying regulatory compliance for brokers and financial institutions. By combining their advanced technologies, TFB and TRAction will deliver a seamless and efficient solution for reporting under EMIR, MiFIR, ASIC, and Best Execution Monitoring requirements. Clients will benefit from streamlined onboarding, improved data continuity and control, enhanced reporting accuracy, and long-term cost efficiency, all backed by the trusted after-sales support provided by both firms. Commenting on the partnership, Alexey Kutsenko, CEO of TFB, said: "Reporting and compliance remain among the most important, and often most complex, challenges our clients face. With this integration, we're strengthening the existing reporting capabilities of Trade Processor by adding direct access to automated, regulator-compliant reporting. TRAction's proven expertise makes them an ideal partner, and we're confident this collaboration will bring tangible value to our clients operating across global markets." Quinn Perrot, co-CEO of TRAction, commented: 'Partnering with Tools for Brokers enhances our ability to support brokers globally with efficient, compliant trade reporting. TFB's Trade Processor is a powerful solution that aligns perfectly with TRAction's mission to simplify trade reporting. Together, we're delivering an end-to-end process that saves time, reduces errors, and offers peace of mind to our clients.' Tools for Brokers is a leading global fintech provider offering cutting-edge technology for retail brokerages and hedge funds. Its Trade Processor platform supports multi-platform execution, liquidity aggregation, and real-time analytics. It already includes a comprehensive suite of built-in reporting and data monitoring features. With this new integration, TFB is extending those capabilities even further, enabling clients to automate reporting directly to regulatory bodies via a trusted delegated solution within the Trade Processor ecosystem. TRAction is a globally recognised delegated service provider offering trade and transaction reporting solutions across Europe and Asia Pacific. Acting as an intermediary between financial firms and licensed Trade Repositories (TRs) and Approved Reporting Mechanisms (ARMs), TRAction transforms complex transaction data into reports that are regulator-ready. With a strong focus on innovation, the company continually improves its services, enabling brokers to meet compliance efficiently without maintaining in-house reporting systems.
Finextra
08-07-2025
- Business
- Finextra
Euronext launches Repo Foundation
Euronext today announced the launch of the Repo Foundation, the first phase of a bold, multi-year strategy to expand access, improve margin efficiency, and challenge legacy models in Europe's secured financing markets. 0 As a cornerstone of Euronext's strategic plan announced in November 2024, Innovate for Growth 2027, the Repo Expansion Initiative sets in motion Euronext's vision to build a fully integrated, pan-European post-trade infrastructure. Building on over 25 years as a leading CCP for repos on Italian government bonds, this expansion marks the beginning of a phased rollout that will extend access to international participants and introduce new clearing benefits across Europe's sovereign debt markets. Amid structural shifts in the global repo ecosystem and heightened regulatory focus on collateral and clearing frameworks and transparency, including regulatory reform under EMIR 3.0, and margin, liquidity and collateral priorities set out by standard setting industry bodies (such as FSB, BCBS, IOSCO) - Euronext is taking a proactive approach to building a more integrated and resilient European market infrastructure. Over the past years, Euronext has profoundly transformed Euronext Clearing into one of the top three clearing houses in Europe. The Repo Foundation marks a pivotal expansion of Euronext Clearing's capabilities, opening secured financing services to international counterparties and introducing key enhancements in margin efficiency, risk management, and collateral optimisation. Anthony Attia, Global Head of Derivatives and Post Trade at Euronext, said: 'The launch of the Repo Foundation is a major step forward in the delivery of Euronext's Innovate for Growth 2027 strategy. The structure of the European repo market is shifting, and firms are demanding more than access — they need real solutions that support capital efficiency, reduce costs, simplify operations, and align with evolving regulatory requirements. The Repo Foundation is the first phase of our wider Repo Expansion Initiative — a multi-year strategy to deliver a fully integrated, pan-European clearing model. With a strong footprint in Italian repo, a growing list of government bond coverage, and the majority of key clearing members already connected, Euronext is well positioned to become the clearing house of choice for European repo.' Expanded clearing access and market coverage With Repo Foundation, Euronext now offers repo clearing for Spanish, Portuguese, and Irish government bonds, alongside its established Italian offering. For the first time, international firms can join the platform — either through existing Euronext connections or as repo-only participants — with seamless onboarding and scalable settlement operations. During the third quarter of 2025, coverage will be extended to include French, German, Dutch, and Belgian government bonds, as well as euro-denominated supranational issuances. In the fourth quarter of 2025, Austrian and Finnish government bonds will be added, completing Euronext's initial expansion of sovereign collateral coverage. By 2026, clients will also gain access to competitive and liquid General Collateral (GC) baskets, built with a leading Triparty Agent (TPA), with risk offsets across correlated collateral. Clients will benefit from cross-margining across debt instruments within a single margin account (subject to regulatory approval) — improving capital efficiency and risk management in line with global expectations for margin transparency and procyclicality controls. These enhancements are part of a broader drive to deliver tangible margin savings, with a redesigned risk model and updated margin methodologies offering meaningful cost advantages versus legacy clearing models. To further broaden market participation, Euronext clearing will introduce a sponsored access model in the second quarter of 2026. This functionality will allow buyside firms to access repo clearing without becoming direct clearing members, opening the door to a wider segment of market participants. Sponsored access will support greater liquidity, improve counterparty risk management, and help firms meet evolving regulatory and capital requirements — all within a secure, scalable clearing framework. By the third quarter of 2026, the full Repo Expansion Initiative will be in place — enabling clients to access the complete functionality, product coverage and capital benefits. This progressive expansion leverages Euronext's established clearing network and supports streamlined onboarding across fixed income markets. Enabling collateral optimisation A core pillar of Repo Foundation, and the wider Repo Expansion Initiative, is enabling more effective use of collateral. This includes broadening eligible assets, with currencies such as USD, GBP and NOK becoming available from launch, and further expansion planned — to give clients greater flexibility in how they meet margin requirements. Complementing this, Euronext will also introduce a new triparty agent (TPA) model, starting with Euroclear in the third quarter of 2025 and followed by Clearstream in the fourth quarter of 2025. Additional strategic alliances will follow. These integrations are designed to streamline settlement, reduce operational burden, and enable real-time collateral mobility — improving capital efficiency while maintaining full regulatory compliance. These enhancements are part of a broader drive to deliver tangible margin savings, with a redesigned risk model and updated margin methodologies. Euronext anticipates increased migration of activity towards its new clearing model, as market participants seek out more cost-effective and scalable solutions.
Forbes
30-06-2025
- Entertainment
- Forbes
Today's NYT Mini Crossword Clues And Answers For Monday, June 30
Mini Crossword The NYT Mini is a quick and dirty version of the newspaper's larger and long-running crossword. Most days, there are between three and five clues in each direction on a five by five grid, but the puzzles are sometimes larger, especially on Saturdays. Unlike its larger sibling, the NYT Mini crossword is free to play on the New York Times website or NYT Games app. However, you'll need an NYT Games subscription to access previous puzzles in the archives. The NYT Mini is a fun daily distraction that usually takes no time at all. I try to beat the standard weekday grid in less than a minute. But sometimes I can't quite figure out one or two clues and need to reveal the answer. To help you avoid doing that, here are the NYT Mini Crossword answers (spoilers lie ahead, of course): NYT Mini Crossword Clues And Answers ACROSS 1) Something made of gold or onion - RING 5) Title for a Mideast ruler - EMIR 6) "Jeopardy!" round with just one clue - FINAL 8) ___ baby - NEPO 9) Competed in Pictionary - DREW DOWN FEATURED | Frase ByForbes™ Unscramble The Anagram To Reveal The Phrase Pinpoint By Linkedin Guess The Category Queens By Linkedin Crown Each Region Crossclimb By Linkedin Unlock A Trivia Ladder 1) Soccer official - REF 2) "Yeah, that bothers me" IMIND 3) San Francisco football player, informally - NINER 4) Flavor of purple Skittles - GRAPE 7) Flo Rida hit with the lyric "Apple Bottom jeans, boots with the fur" - LOW Mini Not that bad of a puzzle today if you ask me. Starting with Ref was pretty easy and I mean, what other flavor is a purple skittle going to be? Plum? The blank baby clue could have been literally anything, but nepo baby is such a common thing now that I picked that up after one letter. Then, it was Final Jeopardy. No literally, that was the last clue I did. Not great. Follow me on Twitter, YouTube, and Instagram. Pick up my sci-fi novels the Herokiller series and The Earthborn Trilogy.
Khaleej Times
22-06-2025
- Business
- Khaleej Times
UAE emerges as global leader amid rising geopolitical tensions, says expert
As global power dynamics evolve in unpredictable ways, the UAE is emerging as a model of resilience and opportunity in a rapidly transforming international environment. Experts in the UAE highlighted the country's 'nimble approach' to global disruption — fuelled by investment in knowledge, climate solutions, and cross-border partnerships — is positioning the UAE as a pivotal player in an era marked by volatility and competition. Amid escalating conflict and mounting tensions in the Middle East, Trevor McFarlane, Founder and CEO of Emerging Markets Intelligence & Research (EMIR), said, 'President Trump comes to power in this second term and he recognises that we are in this multi-unstable, multi-polar period… you have a geopolitical, geo-economic, technological, environmental, even from a sociological perspective, you have a 'volcano world'.' He made the statement while speaking at the 'News9 Global Summit UAE' on Thursday, June 19. McFarlane added, 'And this completely changes the chapter of where we're in (one that challenges conventional assumptions about stability).' Strategic alliances drive UAE's global relevance However, he reiterated that rather than retreating in the face of such uncertainty, the UAE is leaning into its global role with a future-ready strategy focused on innovation, sustainability, and smart diplomacy. The country's expanding partnership with India — one of the world's fastest-growing economies — is just one example of how it's turning disruption into opportunity. 'You have two countries, India and the UAE… there is a remarkable opportunity as a result of this… and you have a country like the UAE, which is admirably nimble,' McFarlane added. He emphasised that future global leadership will be shaped not only by geopolitical strength but also by advancements in areas such as artificial intelligence (AI) and decarbonisation. Meanwhile, as McFarlane emphasised on the UAE's global agility in the face of sweeping disruptions, another expert had similarly pointed out how this approach was mirrored in the country's evolving geopolitical alliances. Kristian Patrick Alexander, Lead Researcher at Rabdan Academy, in an earlier interview with Khaleej Times underlined the UAE's emphasis on regional cooperation and stability through practical, forward-thinking agreements. 'Trump prioritised (in his first term as President) bolstering ties with key allies like Saudi Arabia and the UAE, seeking to counterbalance Iranian influence in the region through a combination of sanctions, diplomatic pressure, and arms deals. His administration's hallmark achievement — the Abraham Accords — focused on fostering economic and security cooperation between Israel and several Arab nations, marking a shift toward a Middle East strategy rooted in coalition-building against common adversaries.' 'The UAE's commitment to innovation and security fits Trump's pragmatic approach, which values partnerships with nations willing to bolster regional stability and economic development,' he added. Specialists also noted that as the international system confronts increasing complexity, the UAE's blend of strategic foresight, innovation-driven policies, and global partnerships offers a roadmap for how nations can thrive — even in the most uncertain of times. From launching AI-powered government initiatives to hosting global sustainability forums, the UAE continues to invest in long-term relevance. 'The race for knowledge supremacy… AI would be one, decarbonisation and climate change would be the other,' McFarlane said. 'There will be parts of the world that will experience great instability… but the UAE's positioning gives it an edge.'
Yahoo
04-06-2025
- Business
- Yahoo
1 Day EMIR and MIFIR Compliance and Regulatory Reporting Training Course: Overcome Key Challenges Encountered by Banks, Broker Dealers, Asset Managers and Hedge Funds (ONLINE EVENT: June 30, 2025)
Join a comprehensive 1-day course on EMIR & MiFIR regulatory reporting, led by a senior City expert. Ideal for banks, asset managers, and hedge funds, this training covers compliance challenges, data validation, and industry best practices. Enhance your operational effectiveness with real-world insights and post-Brexit guidance. Dublin, June 04, 2025 (GLOBE NEWSWIRE) -- The "Compliance and Regulatory Reporting for EMIR and MIFIR" training has been added to offering. This practical 1 day course conducted by a senior City expert covers all the compliance and regulatory reporting requirements for the EMIR & MiFIR Regulations. This training session covers the key challenges encountered by banks, broker dealers, asset managers and hedge funds, key lessons learnt in implementing trade and transaction reporting, and successful remediation of any workshop covers all aspects of regulatory reporting, from organisational scope, to data validation, data sourcing, counterparty and entity identification, and asset class/instrument identification - and resulting impact to Front, Middle and Back Office processes. Conducted by an expert who is currently working within the sector and advising different organisations from some key players to smaller companies, the trainer has a very good understanding of challenges that companies are facing and how to effectively overcome them and ensure compliance and operational effectiveness. What will you learn By attending this course you will learn about: All the key aspects of regulatory reporting, from organisational scope, to data validation, data sourcing, counterparty and entity identification, and asset class/instrument identification - and resulting impact to Front, Middle and Back Office processes. Key learnings from implementation of EMIR reporting and margin implications of EMIR REFIT and Uncleared Margin Rules, as well as for MIFIR. You will have a chance to benchmark against peers from the sell-side and buy-side, and resolution of any open questions. Real life industry examples of best practices, post-implementation issues, and successful remediation Regulatory guidance from the FCA, CSSF, ESMA and other local regulators - post Brexit UK vs EU regulations Understand the key impacts to US, EMEA and APAC institutions in scope, and the new regulatory reporting landscape Who Should Attend: Heads of Trading, Investment, Portfolio Management, Operations, and Business Risk Heads of Regulatory Reporting, Compliance and HR Key Control Functions/Senior Managers in Audit, Compliance, Risk and Operations Key Topics Covered: Regulatory Background to EMIR and MiFIR Scope of entities, counterparties and asset classes for MiFIR and EMIR Key Reporting Requirements Definitions and Data Validations Fields Analysis - Instrument, Product, Entity and Personal Data Systems and Controls Implications for UK, EU and Global Investment Banks and Asset Managers Global Regulatory Reporting Implementation challenges and lessons learnt For more information about this training visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
