The World Federation of Exchanges (WFE), the global industry group for exchanges and CCPs, has published its response to the European Securities and Markets Authority’s (ESMA) consultation paper proposing amendments to the tick size regime in the EU with reference to third country (or, non-EU) instruments. A summary of the WFE’s response is below: Coordination…
Read more
The World Federation of Exchanges (WFE), the global industry group for exchanges and CCPs, has confirmed the appointment of Richard Metcalfe as the Head of Regulatory Affairs for the WFE. Metcalfe joins following a consulting project at BNY Mellon, where he has been providing advice on the practical implementation of MiFID II and other pieces…
Read more
The World Federation of Exchanges (The WFE), the global industry group for exchanges and CCPs, announced that it has welcomed the UK Financial Conduct Authority (FCA)'s initiative to consult the market on broadening the reach of its existing regulatory sandbox, and reiterated its support for a globally coherent approach to FinTech. The WFE, which represents…
Read more
The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, has today published a set of best practice guidelines for market infrastructures designed to engender a staff culture of cyber security compliance. The paper takes a behavioural approach to the issue, as evidence shows that moving away…
Read more
The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, today published a position paper summarising the WFE’s current views on FinTech and the regulatory environment surrounding it. The purpose of the paper - entitled FinTech in the Market Infrastructure Space - is to support ongoing compliance…
Read more
The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, has today published a position paper discussing the implications of international regulatory dissonance, supported by a series of policy recommendations to promote better regulatory coherence. Despite efforts to coordinate post-crisis financial regulatory reforms at the G20 level,…
Read more
The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, has responded to the European Commission's Public Consultation on The Operations of the European Supervisory Authorities (ESAs). While the consultation has an EU focus, there are some items that are relevant to the WFE's international membership, therefore…
Read more
The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, has today published its annual report into the global derivatives market. Highlights of the report are as follows: Derivatives volumes continued to grow in 2016 - increasing by 2.2% on 2015 - reaching a total number of…
Read more
The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, today published a set of cyber resilience standards designed to be used by WFE members, and other market infrastructure providers, to ensure alignment and common minimum standards across the global system. The standards cover eight key areas:…
Read more
The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, published a report into exchanged-based financing of Small and Medium Enterprises (SMEs), aimed at identifying globally-consistent barriers and opportunities for enhancing SME access to equity finance. As significant employers and potential contributors to global economic development, the…
Read more