The IMA has concerns that ESMA’s proposals on draft technical standards for the Regulation on OTC Derivatives, CCPs and Trade Repositories do not properly address the issues faced by clients or the role of investment managers in the OTC derivatives markets, and might result in unnecessarily increasing costs for clients.
Jane Lowe, Director of [...]
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Posted on April 9th, 2012
The Investment Management Association (IMA) has told a European Parliament committee that certain of the European Commission’s proposals on audit reform go a step too far. While the IMA believes that a number of the proposals are welcome there is concern that others will not address the issues identified.
Mandatory rotation could [...]
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Posted on February 21st, 2012
The Investment Management Association (IMA) has submitted its response to the proposed Volcker Rule, part of the US Dodd Frank legislation due to be implemented in July this year.
The main aim of the Volcker Rule is to prohibit US banks from engaging in proprietary trading while also owning private equity or [...]
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Posted on November 1st, 2011
The trade associations highlight their serious concerns over the proposed EU Financial Transaction Tax (FTT) and urge the UK Treasury to continue to take a strong stance against the tax, and encourage the UK to work closely with those EU member states which are also opposed to the proposals.
Source: AFME
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