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Mifid

Yet more reactions to the proposed MiFID II delay and video of ECON hearing

Wednesday saw the publication of several more articles on the proposed delay to MiFID II. Firstly, this article by Bloomberg (reproduced on CTRM Center)  looks at the possible impact of a delay to exemption loss on the commodities markets. This article on the Fidessa blog reminds us that the delay has yet to be agreed, and that any delay may not apply to the whole of MiFID II, while this article on the DRS web site provides  a view that a delay is in fact likely.

The video of yesterday’s ECON hearing can be found here. In it, one can see the reaction of politicians both to the delay, which is one of frustration, and also to some of the proposals.

The message is that while the rules may be delayed, they are are still coming. The general thought circulating is firstly not to assume a delay until it is agreed, and secondly that any extra time given should be used as best as possible by not losing momentum.

About avivhandler

Aviv is the Managing Director of ETR Advisory, a niche consultancy focused on the regulation of the commodity, energy and financial markets. He has more than 23 years of experience in the financial, energy and commodity markets, covering regulatory compliance, credit, risk and financial technology. Prior to founding ETR, he was Partner at SunGard Global Services, where he built a Centre of Excellence in European Energy and Commodity Regulation. Before that, he founded Coherence, a consulting firm specializing in credit risk in commodity and energy trading as well as software product management. The credit practice ultimately became part of Sirius Solutions, where he was the Managing Director of Europe. He has also held management roles at KWI and Iris Financial, among other organizations. Mr. Handler holds a degree in computer science from Imperial College, University of London.

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