Blog to be upgraded – unavailable for rest of week
After 7 years this blog will be undergoing a "face-lift" which will make navigation and subscription easier as well as more aesthetically pleased. In order to support this, the blog…
Changes proposed to MiFID II affecting those in energy and commodities
On Friday DG FISMA of the European Commission proposed a series of changes to financial legislation with the objective of helping the markets in the light of Covid-19. The press…
Brexit update: EMIR, MiFID, REMIT and more
Last week, FISMA of the European Commission updated two documents relating to Brexit, targeted at firms in the EU: "Markets in Financial Instruments" (here) – Includes a reminder that at…
ESMA publishes opinion for 2019 ancillary activity test market sizes
On Friday, ESMA published an update of the opinion document for market sizes to be used as part of the ancillary activity test, adding estimated market sizes for the year…
Updated EMIR Q+A – reporting deadlines
ESMA yesterday published an updated version of the EMIR Questions and Answers document, which can be found here. The updated question is TR11b on page 85 and relates to the…
REMIT updates: Changes to reporting and new guidance on inside information
ACER yesterday issued updates to several key documents relating to REMIT. These are: Trade Reporting User Manual (TRUM) version 4.0 (here) - Amalgamates many of the answers found in the…