Industry InvolvementMarkit is an active contributor to the critical debates shaping the global markets.

Industry associations

Through active engagement with regulatory authorities, stakeholders and industry participants, we voice our views in relation to proposed and final rules and their implementation. Markit is a proud member of various trade associations and actively participates in the dialogue and decision-making process, ensuring that market transparency and orderly evolution are upheld.
















  • October

    Oct 31 2017

    IHS Markit response to BCBS consultation on the implications of fintech for banks and their supervisors

  • September

    Sep 18 2017

    IHS Markit response to CPMI-IOSCO consultation paper on harmonisation of critical OTC derivatives data elements (other than UPI and UTI) - third

  • August

    Aug 21 2017

    IHS Markit response to FCA Consultation Paper on Handbook changes to reflect the application of the EU Benchmarks Regulation

  • July

    Jul 31 2017

    IHS Markit response to ESMA consultation paper on the Trading Obligation for derivatives under MiFIR

  • Jul 17 2017

    IHS Markit response to FCA Discussion paper on DLT

Thought leadership

  • EMIR reporting: are you ready for EMIR regulatory reporting rules?

    Marcus Schüler / Managing Director, Head of Regulatory Affairs for Markit

    Early next year, likely in mid February 2014, buy and sellside firms will need to begin reporting their transactions in over-the-counter (OTC) and exchange-traded derivative transactions across asset classes to newly established trade repositories no later than the day after trade date (T+1) to be compliant with European Market Infrastructure Regulation (EMIR).

    Regulators also will have market participants report trades in other asset classes, such as equities, starting in January 2014.

    Unlike US Dodd-Frank Wall Street Reform and Consumer Protection Act (DoddFrank), the EMIR reporting rules require dealers and their buyside clients to report common and counterparty data to designated trade repositories (TR) without duplication. As a result, each side of the trade needs to agree to use a unique trade identifier (UTI) in submitting the same common trade data.

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  • Dodd-Frank implementation

    Marcus Schüler / Managing Director, Head of Regulatory Affairs for Markit

    Now that the Dodd-Frank Act’s mandatory reporting to swap data repositories (SDRs) and real-time reporting are in place for various asset classes, the US Commodity Futures Trading Commission (CFTC) is turning its focus to the next step of phasing in mandatory swaps-trade clearing though central counterparty (CCP) clearinghouses.

    On March 11, 73 registered swap dealers (SDs) and two major swaps participants (MSPs), as well as active funds, began clearing their swaps transactions. Other financial entities will have until June 9 while accounts managed by third-party investment managers will have until September 9 to comply.

    Specifically, if the trade is a USD-, EUR-, GBP-, or JPY-denominated and is a fix-to-floating, basis, forward-rate agreement, overnight index interest rates swap (IRS), or North American or European untranched credit default swap (CDS) indices, it must be cleared through a registered derivatives clearing organization (DCO).

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