ESMA responds to the Commission’s send back of RTS’s
ESMA last night issued responses to the European Commission's letters to it asking that three of the MiFID II RTS's, including 20 and 21 on the ancillary activity test and…
ESMA last night issued responses to the European Commission's letters to it asking that three of the MiFID II RTS's, including 20 and 21 on the ancillary activity test and…
Following last Thursday's sending back of three Regulatory Technical Standards (RTS) under MiFID, there have been widespread reports and reactions. The RTS's sent back include numbers 20 and 21, regarding…
See here for an article on the swissinfo website from Bloomberg reporting that several Regulatory Technical Standards (RTS) have been "sent back" to ESMA by the European Commission. In particular, it…
See here for an article on the Bloomberg web site which reports the German Finance Ministry's objection to the manner in which the MiFID II delay has been set up. There…
See here for a copy of the minutes of the last FCA MiFID II Implementation Trade Association round table meeting. As can be seen from one of the first items,…
The Market Abuse Regulation (MAR) comes into effect on 3rd July 2016. It widens the scope of the original Market Abuse Directive (MAD) to include many instruments. This includes all…
CySEC, the financial regulator in Cyprus, has recently written this letter to local market participants, reminding them of their obligations under EMIR. This includes a reminder of the reporting obligation,…
See here for an article on the Bloomberg web site about pressure from MEPs Markus Ferber and Roberto Gualtieri on the European Commission to proceed quickly in finalising the MiFID II rules.…
ACER have published this list of RRMs, with columns marked by data type. The "data types" include the four tables in which trades can be reported as well as the fundamental data…
A group of NGOs have written this letter to Lord Hill, European Finance Commissioner, claiming that the proposed rules under MiFID II on position limits are not strict enough. This…