Europe

Figures from ESMA show penalties issued in relation to breaches of MiFID II by regulators in Europe rose from €1.8 million in 2019 to €8.4 million in 2020. 

AFME, ISDA and ISLA among trade bodies to deliver the concise message of delay the settlement discipline regime.

The European Securities and Markets Authority fined DTCC for seven data infringements relating to European Market Infrastructure Regulation (EMIR).

New chief operating officer for Europe originally joined RBC Capital Markets in 2009 as a graduate.

According to Cboe’s head of European equities, Natan Tiefenbrun, the reintroduction of Swiss securities into London’s stock universe has been its saving grace.

The record breaking quarter for EU repo average daily notional volume at CME BrokerTec follows a turbulent year for the market in 2020.

Several documents published by the UK government outlined major plans, including details on the sweeping changes to MiFID II requirements.

With seven months to go until the go-live of SDR, participants have grown increasingly worried they will be unable to make changes to operations to meet the rules.

The executives will run the EMEA ESG council at Bank of America aimed at minimising its climate impact and supporting clients in their low-carbon transition.

APG Investment Management’s chief investment officer and Natixis Investment Managers chief operating officer have been appointed as vice presidents to Abou-Jaoudé.