The UK's HM Treasury has published this response to the Wholesale Markets Review that was run last summer(see here). The review looks at potential changes to MIFID II and other…
As the year opens, here we gather a few thoughts on what we can expect for the year ahead, with respect to the primary rules covered by this blog, and…
The UK's Financial Conduct Authority yesterday issued this statement relating to position limits under MIFID II. It extends the approach outlined in this statement last year, on page 9, which…
The UK's Financial Conduct Authority together with the Bank of England have opened a consultation on proposed changes to the EMIR reporting regime in the UK. The consultation document can…
The UK's Financial Conduct Authority (FCA) has updated their "Regulatory Initiatives Grid", which can be found here . It includes a revised date for a consultation on EMIR REFIT, now…
ESMA has issued opinions on three position limits under MIFID II with gas underlyings. Opinions are issued following the position limits being set by the National Competent Authority (NCA) in…
Last week the UK's Financial Conduct Authority (FCA) issued this statement which announced that MIFID II position limits will no longer be applied to cash settled commodity derivatives. Position limits…
Her Majesty's Treasury (HMT) has opened a consultation, the "Wholesale Markets Review", which primarily covers the future application of MIFID II in the UK, now that a separate jurisdiction exists…
Almost 6 months have passed since the end of the Brexit "transitional phase". Since then, the signs that EU and UK regulation will continue to diverge have continued, especially in…
This final “catch up” post summarises some of the developments and announcements related to Brexit since the transitional period ended on the 31st December 2021, with a focus on the…