UK-based trade repositories may be forced to shoulder additional third-party recognition fees to operate under EU regulatory frameworks post-Brexit, according to proposed EU Commission rules
The Central Bank of Irelands director of policy and risk has confronted industry concerns around stringent collateral re-use and arbitrary fee splits for UCITS funds at a roundtable discussion
Of the 18 respondents to ESMAs study, five aligned themselves with ESMA in calling for standardisation of haircut rules for MMFs engaging in reverse repo trades, while six others emphasised the need for flexibility
KVA calculations determine the lifetime costs of capital as part of the pricing of an OTC derivative and the service will helps firms understand the capital costs an OTC trade will consume over the portfolios lifetime.