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Overview
Lobbying Costs
75,000€
Financial year: Jan 2016 - Jan 2017
Lobbyists (Full time equivalent)
1.75 Fte (4)
Lobbyists with EP accreditation
0
High-level Commission meetings
1
Lobbying Costs over the years
-
Info
R3 HoldCo LLC (R3)
EU Transparency Register
256127527481-65 First registered on 14 Jun 2017
Goals / Remit
R3 is leading a consortium with over 80 banks, clearing houses, exchanges, market infrastructure providers, asset managers, central banks, conduct regulators, trade associations, professional services firms and technology companies to develop groundbreaking commercial applications of distributed ledger technology for the financial services industry.
Operating in nine countries from all regions of the world, the R3 team is made up of financial industry veterans, technologists, and new tech entrepreneurs, bringing together expertise from electronic financial markets, cryptography and digital currencies.Main EU files targeted
R3 is actively contributing to the conversation around Distributed Ledger Technology (or Blockchain Technology). As the technology is still developing, there are few initiatives, policies, or legislative files on the topic. However, the ones that we are currently focused on are:
- European Securities and Markets Authority (ESMA): The Distributed Ledger Technology Applied to Securities Markets
- European Parliament’s Committee on Economic and Monetary Affairs: Draft Report on FinTech: the influence of technology on the future of the financial sector”
Moreover, as a consortium, the majority of which is highly regulated financial institutions, that is designing solutions to be used in the financial markets, a large number of regulations are of interest to R3 including MiFID2/MiFIR, EMIR, and Basel III.Address
Head Office
1370 Broadway
Suite 1050
New York 10018
UNITED STATES -
People
Total lobbyists declared
4
Employment time Lobbyists 50% 3 25% 1 Lobbyists (Full time equivalent)
1.75
Lobbyists with EP accreditation
All Lobbyists with EP accreditation over time
0 accreditations were / are live (in bold) for the selected state of 15 Jun 2017
Name Start date End Date Ms Isabelle CORBETT 20 Jul 2017 06 Jul 2018 Complementary Information
3 employees involved part time in European policy matters. Subject matter experts occasionally contribute, but contributions to regulatory engagement require less than 5% of their time.
Person in charge of EU relations
Ms Isabelle Corbett (Senior Counsel & Director of Regulatory Affairs)
Person with legal responsibility
Ms Isabelle Corbett (Senior Counsel & Director of Regulatory Affairs)
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Categories
Category
II - In-house lobbyists and trade/business/professional associations
Subcategory
Companies & groups
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Networking
Affiliation
We are currently a member of the International Swaps and Derivatives Association (ISDA) and the Bankers Association for Finance and Trade (BAFT). We are very active in the Distributed Ledger Technology Space and are actively exploring use cases in a variety of areas. As such, we are members of two diverse trade associations and intend to continue expanding the associations of which we are members based on areas of focus.
Member organisations
ABN Amro
ABSA Bank
Barclays
BBVA
BNP Paribas
Bank of Canada
Commerzbank AG
Credit Suisse
Danske Bank
Deutsche Bank
DNB Bank
HSBC
ING
Intesa Sanpaolo
KBC Group
Natixis
Nordea
NorthernTrust
OP Financial
Qiwi
Royal Bank of Scotland RBS
RCI Banque
SEB
SocGen
Standard Bank
Standard Chartered
Thomson Reuters
UBS
AIA
Bangkok Bank
CBA
China Foreign Exchange Trade System (CFETS)
China Merchants Bank
China Minsheng Banking Corp (CMBC)
CTBC
Daiwa Securities Group Inc
KEB Hana Bank
IBK Bank (Industrial Bank of Korea)
KB Kookmin Bank
Macquarie
Mizuho Financial Group
Bank of Tokyo Mitsubishi
Nomura
Ping An Insurance
SBI
Singapore Exchange SGX
Shinhan Bank
SMBC
Suncorp
Temasek
Westpac
Woori Bank
ATB Bank
Bank of America
Banorte-Ixe Securities International Ltd
Banco de Credito del Peru
Bank of Montreal
National Bank of Canada
BNYMellon
Banco Bradesco S.A.
BM&F Bovespa
CIBC
Citibank
CLS Bank
Credicorp Bank
Fifth Third Bank
First American
Itau Unibanco
MetLife
Royal Bank of Canada
Scotia Bank
State Street
Suntrust
Synchrony Financial
TD Bank
US Bancorp
Western Asset Management
Wells Fargo
Monetary Authority of Singapore
Hong Kong Monetary Authority
Securities and Futures Commission of Hong Kong
Autorité des marchés financiers Quebec
Illinois Department of Financial and Professional Regulation
Abu Dhabi Global Market -
Financial Data
Closed financial year
Jan 2016 - Jan 2017
Lobbying costs for closed financial year
75,000€
Other financial info
None declared
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EU Structures
Groups (European Commission)
None
ACC
None
Groups (European Parliament)
None
Communication activities
None
Other activities
None declared
Meetings
Meetings
1 meetings found. Download meetings
The list below only covers meetings held since November 2014 with commissioners, their cabinet members or directors-general at the European Commission; other lobby meetings with lower-level staff may have taken place, but the European Commission doesn't proactively publish information about these meetings. For more information about which commissioner is responsible for which portfolio, check out this link: https://commissioners.ec.europa.eu/index_en All information below comes from European Commission web pages.
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Date 26 Mar 2021 Location virtual Subject crypto-assets/blockchain Cabinet Cabinet of Commissioner Mairead Mcguinness Portfolio Financial services, financial stability and Capital Markets Union Attending - Florian Denis (Cabinet member)