BaFin publishes indicative position limits
BaFin has published "indicative" position limits for certain contracts on EEX, which can be found both here on the BaFin web site and also here on the EEX web site.…
FCA updates position limits list
The UK's Financial Conduct Authority has updated the list of position limits under MiFID II which will apply to commodity derivatives contracts traded on venues under their jurisdiction. The list…
New EMIR Trade Repository
ESMA has approved NEX Abide Financial's application to run an EMIR Trade Repository. The notice from ESMA can be found here. This takes the number of approved TRs to 8,…
FCA publishes MiFID II guide
The UK's Financial Conduct Authority has published this guide to the implementation of MiFID II, and MiFIR, in the UK. It examines the various parts of the rules, the documents…
EMIR Q+A Updated
ESMA has updated the questions and answers document related to EMIR, which can be found here. The new version of the document makes some updates to the sections on trade…
FCA warns of increased MAR oversight
The start of MiFID II on 3rd January increases the scope of the Market Abuse Regulation, which itself started on 3rd July 2016 (see here). Financial instruments executed on Organised…
Regulation summaries – REMIT Quarterly and FCA Regulation Roundup
Both ACER and the UK's FCA have recently issued newsletters: ACER has issued the latest REMIT "quarterly" document, which can be found here. It summarises the various announcements relating to…
FCA updates, adds to and removes position limits
The UK's Financial Conduct Authority has updated the MiFID II position limits previously announced. The updated page can be found here and the spreadsheet here. Last month, ESMA and the National…
Updated MiFID II Q+As issued by ESMA
ESMA has issued several updated Questions and Answers documents on MiFID II: Commodity Derivatives (here) Data Reporting (here) Investor Protection (here) The commodity derivatives answers cover the topics of position…
ISDA and ECB publish comments on the EMIR review
Both ISDA and the ECB have recently published comments on the legislative proposal issued by the European Commission earlier this year (see here) which aims to change the level 1…