Regulation

ASIC reviews HFT, finds no need for new regulation

The Australian Securities and Investments Commission (ASIC) will not introduce new regulation for high frequency trading and dark liquidity, finding that existing settings “are largely adequate and effective.”

Irish regulator highlights challenges to implement CMU

The Central Bank of Ireland, the Irish regulator, has said it welcomes the EU’s ambitious Capital Markets Union project but tacitly acknowledged the challenges of pushing it through member states should not be underestimated.

ESMA says MiFID rules delayed to next week

A European Securities and Markets Authority spokesman has confirmed that MiFID II and MiFIR technical standards will now be published next week.

Final MiFID rules due on Thursday

Final rules for MiFID II are due to be released tomorrow (24 September), according to a source familiar with the situation.