Record fine levied under REMIT – ICE spoofing
On Wednesday Ofgem, the National Regulatory Authority of Great Britain, announced that InterGen has been fined 37.2 million GBP for breaches of REMIT Article 5. The announcement can be found…
On Wednesday Ofgem, the National Regulatory Authority of Great Britain, announced that InterGen has been fined 37.2 million GBP for breaches of REMIT Article 5. The announcement can be found…
ACER has this afternoon published the 5th Edition of the REMIT Guidance which can be found here. Many of the changes relate to the definition of "Inside Information", which has…
It comes as no surprise that there have been many announcements relating to the impact of Covid 19 since our last update here. These include: Temporary changes and a "softening"…
ESMA has released this report summarising the responses received from the recent consultation focused on the MiFID II position limits regime (see here). The report also addresses some other topics…
ESMA opened two consultations relating to EMIR last week: Technical standards on reporting, data quality, data access and registration of Trade Repositories under EMIR REFIT (here). Report on post trade…
There have been several reports around the selling of stocks by Senator Richard Burr, the chairman of the Senate Intelligence Committee as well as Senator Sen. Kelly Loeffler and others.…
Last week the UK's Financial Conduct Authority(FCA) released this Call for Input(CFI) on "Accessing and using wholesale data". The CFI covers: Trading data Benchmarks Market data vendor services The CFI…
ESMA has today issued this statement and this press release, asking NCAs to "not prioritise supervisory actions" with regards to the upcoming start of reporting under SFTR. The first start…
The impact of the Covid-19/Corona virus is being very widely felt. Several regulators have made announcements that in some way relate to the regulations covered by this blog. These include:…
Earlier this week, ESMA published this report, which was submitted to the European Commission a few weeks ago. It provides a recommendation as to whether to extend the exemption for…