EMIR and Emotional intelligence: Difference between pages

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''Financial markets - regulation - infrastructure.''
Emotional intelligence includes the ability to identify and manage our own emotions, and to work effectively with the emotions of other people.  


The European Market Infrastructure Regulation (EMIR) became law within the European Union in 2012, although certain of its requirements came into force only after a period of delay.


The objective of EMIR is to reduce the risks posed to financial systems from the vast web of [[over the counter]] (OTC) derivative transactions and the large contingent credit exposures that may arise as a consequence.
The concept was popularised by Daniel Goleman in his 1995 book ''Emotional intelligence''.


Sometimes known as 'EQ' (Emotional Quotient), an analogy with IQ (Intelligence Quotient).


The Regulation achieves this object by three significant requirements for:


#Central clearing and margining of standardised OTC derivatives (with certain exemptions for Non-Financial Counterparties)
Emotional intelligence comprises three related skills:
#Reporting of all derivative transactions to a trade repository
#Risk mitigation measures for all non cleared derivatives including collateral exchange and  confirmation and reconciliation procedures


#Emotional awareness, including the ability to identify our own emotions and those of others.
#The ability to harness emotions, and apply them to tasks like thinking and problem-solving.
#The ability to manage emotions, including the ability to regulate our own emotions, and to influence the emotions of other people.


== See also ==
* [[AIFMD]]
* [[Buy-side firm]]
* [[Central counterparty]]  (CCP)
* [[CFTC]]
* [[Clearing]]
* [[Central securities depository]]  (CSD)
* [[Derivative instrument]]
* [[Dodd-Frank]]
* [[Dual reporting]]
* [[European Securities and Markets Authority]]  (ESMA)
* [[European Union]]
* [[FATCA]]
* [[FC]]
* [[Infrastructure]]
* [[Know-your-customer]]
* [[Legal entity identifier]]
* [[Margining]]
* [[MiFID]]
* [[MiFID II]]
* [[NFC]]
* [[Over the counter]]  (OTC)
* [[Pension Scheme Arrangement]]
* [[Regulatory Technical Standard]]  (RTS)
* [[Securities and Exchange Commission]]  (SEC)
* [[SSR]]
* [[Trade repository]]
* [[UK EMIR]]
* [[UTI]]
* [[WGMR]]


 
==See also==
==External link ==
* [[ACT Competency Framework]]
[https://www.fca.org.uk/markets/uk-emir UK EMIR - Financial Conduct Authority]
* [[Agile]]
 
* [[Behavioural skills]]
[[Category:Accounting,_tax_and_regulation]]
* [[Gravitas]]
[[Category:Corporate_financial_management]]
* [[Myers-Briggs]]
[[Category:Risk_frameworks]]
* [[Working effectively with others]]

Revision as of 17:11, 13 December 2016

Emotional intelligence includes the ability to identify and manage our own emotions, and to work effectively with the emotions of other people.


The concept was popularised by Daniel Goleman in his 1995 book Emotional intelligence.

Sometimes known as 'EQ' (Emotional Quotient), an analogy with IQ (Intelligence Quotient).


Emotional intelligence comprises three related skills:

  1. Emotional awareness, including the ability to identify our own emotions and those of others.
  2. The ability to harness emotions, and apply them to tasks like thinking and problem-solving.
  3. The ability to manage emotions, including the ability to regulate our own emotions, and to influence the emotions of other people.


See also

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