Now that Brexit is back in discussion and a "no deal Brexit" more possible (see here), preparation activity is beginning to increase. Last week, the UK's Financial Conduct Authority (FCA),…
ACER published a 3rd "Open letter on REMIT data quality" on Friday, which can be found here. The previous such letter was published just over a year ago (see here).…
With a new leadership in the UK promising that the country will leave the EU on the 31st October, with or without a deal" (see here on Sky News for…
Vitol is in danger of being fined $6M in the US for alleged manipulation in California’s power market. The regulator FERC has issued this "Order to Show cause". An article…
ACER released an updated REMIT Guidance document last night, together with some other updated documents. The changes relate to the disclosure of Inside Information under REMIT Article 4, and also…
ESMA has published the responses received to their "call for evidence" on the MiFID II position limits regime. They can be found here. The call for evidence, which can be…
Wells Fargo Bank International has been fined €5,880,000 by the Central Bank of Ireland(CBI) for reporting failures and also for failures around the governance of reporting. The reporting relates to…
The CFTC has fined Elephas Investment Management Ltd. a Hong Kong based hedge fund, for violating wheat futures speculative position limits on CBOT. The fine was set at $160,000. The…
The Futures Industry Association has issued this paper on the topic of reporting Exchange Traded Derivatives (ETD) under EMIR. The paper proposes some changes to simplify position reporting of ETDs.…