Investors should join forces to demand better sell-side research
A new survey draws attention to widespread flaws in sell-side research. But the advent of MiFID II may provide an opportunity for investors to push for change, write Steve Waygood and Anita Skipper.
ESMA review finds good supervision of CCPs’ default management
The European Securities and Markets Authority (ESMA) has issued today the results of a peer review it conducted into how national competent authorities (NCAs) ensure that central counterparties (CCPs) comply with requirements under the European Markets Infrastructure (...)
ESMA sees valuation risk at highest levels due to financial weakness and geopolitical uncertainty
The European Securities and Markets Authority (ESMA)’s latest report on Trends, Risks and Vulnerabilities No. 2, 2017 (TRV) identifies high asset price valuations as the major risk for European financial markets in the second half of (...)
ESMA issues sector-specific principles on relocations from the UK to the EU27
The European Securities and Markets Authority (ESMA) has published three Opinions setting out sector-specific principles in the areas of investment firms, investment management and secondary markets, aimed at fostering consistency in authorisation, supervision and (...)
ESMA consults on the evaluation of the short-selling regulation
The European Securities and Markets Authority (ESMA) issues today a public consultation regarding its future technical advice to the European Commission (EC) on the Short-Selling Regulation (SSR)...
A growing demand for front-office and risk solutions!
Linedata announced the results of its Annual Investment Management Survey. Although the study underlined unsurprisingly, regulatory pressures and their impact, there is real interest in moving towards hosted solutions SaaS as well as the need, in 2012, for front-office and (...)
BNP Paribas Securities Services unveils expanded market and financing services
Alongside custody, clearing and fund administration, the custodian bank’s Market and Financing Services business line now offers principal and agency lending, foreign exchange and collateral management – as well as a variety of financing solutions to asset owners, asset (...)
The hidden value of collateral management for investors
A combination of collateral management and securities lending can play a key role in the search of a yield pick-up of some kind. Reinvesting unused cash or lending out unused securities can help add a few basis points to the total (...)
BNP Paribas Securities Services launches first UCITS IV master feeder solution
Designed to help asset managers reach more end investors and achieve efficiencies, the solution also introduces the concept of a cost-free feeder – a new paradigm in fund distribution