“Quick fix” agreed for MiFID II
An agreement has been reached between the European Parliament's negotiating team and member state representative on how to effect the delay to MiFID II, according to this post on the…
An agreement has been reached between the European Parliament's negotiating team and member state representative on how to effect the delay to MiFID II, according to this post on the…
ESMA have issued a new draft of MiFID II RTS 21 on position limits, as well as RTS 2 on non equity transparency. This follows the sending back of three…
The European Council have now joined the Parliament in approving the one year delay to MiFID II to 3rd January 2018. They have issued this statement, which also provides for a…
The European Commission have published the remaining Delegated Act under MiFID II which can be found here. Articles 5 to 8 from page 32 contain definitions of derivatives under Annex I…
The European Commission have released a partial version of the final MiFID II Delegated Act which can be found here. The act covers: Safeguarding of client financial instruments and funds Product governance…
The European Parliament have today confirmed that the implementation of MiFID II will be delayed by one year to 3rd January 2018, following agreement from other bodies. The delay is reported…
ESMA this week published a decision that open access to CCPs (Central Clearing Counterparties) for the clearing of ETDs (Exchange Traded Derivatives) should go ahead as required by MiFIR/MiFID II.…
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…