ESMA reiterates EMIR reform objectives
ESMA has written this letter to the DG FISMA of the European Commission, reiterating the changes that were recommended in the response to the EMIR review in August 2015. Some…
Winter package developments
Last week saw the CEER/ACER conference (see here) which followed the release of the "Winter Package" last November(see here). The package contains several legislative proposals which aim to reform Europe's…
Amended EMIR RTS published in the Offical Journal – New reporting starts on 1st November
Following its adoption by the European Commission a few weeks ago(see here), the amended Regulatory technical Standard (RTS) on EMIR reporting has now been published in the Official Journal of the…
MAR document on commodity inside information published
ESMA have published translations of the MAR "guidelines on information relating to commodity derivatives markets or relates spot markets for the purpose of the definition of inside information" (see here for…
MiFID Data Reporting – Updates
ESMA have published this briefing document on data reporting under MiFID II. The note includes a table of the various types of reporting under the rules, although it excludes Position…
Opposition to RTS 21 emerges
It has been reported that opposition to Regulatory Technical Standard 21, which specifies the rules around position limits under MiFID II, has emerged, according to this article on the ICIS Regulation…
FCA issues application and notification user guide
The Financial Conduct Authority (FCA), the UKs National Competent Authority, have issued this "application and notification" user guide for MiFID II, which commences on 3rd January 2018. Overall it outlines…
MiFID II – Training, views and news
The year is beginning to get going and many are beginning to think about MiFID II, which commences in under a year. There are still many outstanding questions on RTS…
US news
While we wait for the year to get truly started in Europe, it is worth looking at some news coming from the US. We have already seen a re proposal…
Kicking off the year – some articles
There has not been much news this week, as the year gets off to a start, but there have been a few articles other published both at the end of…