Last week the FCA published a final notice against Deutsche Bank fining them just over £4.7 million (after a settlement discount). The fine was for misreporting Equity CFD trades under MiFID…
The FCA have just updated their MiFID II web site, which contains a great deal of useful information. It can be accessed here.
We are back after a two week break, although since much of Europe has been on holiday there has not been a huge amount of activity.On the EMIR side there…
After a short summer break, we will be restarting this news service tomorrow, 27th August.
Clifford Chance have published a useful EMIR summary which encapsulates the latest trade reporting requirements, the clearing timetable as well as a summary on the rules and timetable around the…
Tomorrow (12th) is the first day on which daily valuation and collateral updates must be sent to Trade Repositories as part of the EMIR trade reporting rules.This requirement does not…
See here for the latest Bloomberg Brief on EMIR, released just before next weeks Valuation and Collateral Reporting deadline.
Today the UK government announced a consultation for a criminal sanctions regime (i.e. with jail sentences) to enforce the insider trading and market manipulation rules around REMIT. The consultation documents can…
The next EMIR deadline is now less than a week away: From 12th August, Financial Counterparties(FC) and Non Financial Counterparties over the threshold(NFC+) will need to report valuation and collateral…
ESMA have published the responses to the MiFID II consultation, which can be found here.