Latest publications and news

 

NSA views on reporting and transparency of securities financing transactions (SFTR)

Posted on January 05, 2015

Nordic Securities Association publishes its views on the Commission proposal for a regulation on reporting and transparency of securities financing transactions. 

We are pleased with the improved transparency regarding securities lending and repo markets but are worried about the additional costs the detailed proposals might bring to this important market. Especially the requirements regarding rehypothecation are proposed to be implemented too quickly taking into account the huge amount of open collateral agreements that would need to be renegotiated. 

With few rather small amendments and additional phase-in periods this regulation would better fit into the current Better Regulation agenda. These are further discussed in our policy paper.

 

Briefing Note on Tick Sizes in MiFID II

Posted on November 25, 2014

The NSA Briefing Note provides arguments for a conservative implementation of the parameters for a new tick size regime compared to what is proposed by ESMA.

 

NSA advocates competitive clearing in the Nordics

Posted on November 19, 2014

The Nordic Securities Association reiterates its long-standing support for a competitive clearing environment in the Nordic exchanges. A letter confirming our support was sent to Nordic exchanges and the CCPs recently active in the Nordic environment.

Click to view the letter: NSA_advocates_competitive_clearing_in_the_Nordics_-_Autumn_2014.pdf

 

Publications