Brexit update – Security of supply, MiFID II and more
There has been a great deal of political activity since our last post on Brexit (see here), with the next important summit taking place tomorrow (see here on the Reuters…
There has been a great deal of political activity since our last post on Brexit (see here), with the next important summit taking place tomorrow (see here on the Reuters…
There have been several developments of note in the crypto currency and regulatory world since our last post on the topic (see here). A few of note are covered in…
Vitol SA has received a fine of €5m levied by the Commission de régulation de l'énergie (CRE), the French National Regulatory Authority for a breach of REMIT. The fine is levied for…
ESMA has issued "opinion" documents on three MiFID II position limits, which relate to limits already published by National Competent Authorities. They are: ICE Natural Gas Futures - here EEX…
ESMA has issued two documents relating to MiFID II for those who trade commodity derivatives: Updated Q+A (here) - This has updates on position limits, position reporting and the ancillary…
Earlier this week, the FCA issued this Market Watch document on market conduct and transaction reporting issues. There are several observations on market abuse surveillance, some of which are relevant…
Last week, ACER published this version of their "programming document for 2019-2021", which includes the 2019 work plan. Starting on page 37, the document talks of the resources required to…
Finma, the Swiss National Competent Authority, on Friday announced a 5 year further delay to the start of reporting under the Financial Markets Infrastructure Act (FMIA, also known as "Finfrag")…
Nasdaq has announced a default on the Nordic Commodities market in this notice, which has been followed by this statement identifying the defaulting party as Einar Aas, a private trader. There…
The Romanian Competition Council, in cooperation with the ANRE (the National Regulatory Authority of Romania) has carried out dawn raids as part of an investigation into a possible abuse of a…