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“Quick fix” agreed for MiFID II

  • Post author:Aviv
  • Post published:May 4, 2016
  • Post category:Uncategorized

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…

Continue Reading“Quick fix” agreed for MiFID II

ESMA issues new position limits and transparency RTS proposal

  • Post author:Aviv
  • Post published:May 3, 2016
  • Post category:Uncategorized

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…

Continue ReadingESMA issues new position limits and transparency RTS proposal

European Council agrees one year delay of MiFID II

  • Post author:Aviv
  • Post published:April 28, 2016
  • Post category:Uncategorized

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…

Continue ReadingEuropean Council agrees one year delay of MiFID II

MiFID II Delegated Acts published

  • Post author:Aviv
  • Post published:April 26, 2016
  • Post category:Uncategorized

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…

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Partial MiFID II Delegated Act released by Commission

  • Post author:Aviv
  • Post published:April 8, 2016
  • Post category:Uncategorized

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…

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MiFID II delay confirmed

  • Post author:Aviv
  • Post published:April 7, 2016
  • Post category:Uncategorized

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…

Continue ReadingMiFID II delay confirmed

CCP open access for ETDs to go ahead

  • Post author:Aviv
  • Post published:April 6, 2016
  • Post category:Uncategorized

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.…

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ESMA responds to the Commission’s send back of RTS’s

  • Post author:Aviv
  • Post published:March 22, 2016
  • Post category:Uncategorized

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…

Continue ReadingESMA responds to the Commission’s send back of RTS’s

Reactions to the sending back of the MiFID II RTS’s

  • Post author:Aviv
  • Post published:March 21, 2016
  • Post category:Uncategorized

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…

Continue ReadingReactions to the sending back of the MiFID II RTS’s

MiFID II RTS’s sent back

  • Post author:Aviv
  • Post published:March 17, 2016
  • Post category:Uncategorized

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…

Continue ReadingMiFID II RTS’s sent back
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