The MiFID II SI regime, best execution reporting, market data costs and the share trading obligation were among the areas the EFSA has urged authorities to prioritise.
The EU authority’s new powers include increased oversight of third-country equivalence assessments working alongside the European Commission.
Immediately after circuit breakers are triggered, a study from ESMA finds that calmer trading conditions come at the cost of higher spreads.
John reviews the best of The TRADE News’ coverage of regulation over the past 12 months.
Asset managers have poured cold water on plans to expand MAR to include spot FX due to the impact of the FX Global Code of Conduct.
ESMA has called for greater supervision of STORS under MAR, as number of reports from firms surged 130% in 2017.
Interest rate derivatives accounted for 76% of the market in Europe during 2018, according to an annual report from ESMA.
MiFID II failing to improve market data fee conflict with ESMA looking to equities consolidated tape solution
Review of MiFID II finds market data fee issues are not being addressed by the regulation as ESMA recommends real-time consolidated tape for equity instruments.
ESMA chair Steven Maijoor acknowledged a recent position paper from the German regulator calling for reform to MiFID II in Europe during a keynote address.
The FCA has disputed a peer assessment that its analysis and integration of EMIR data in its supervisory approach is not meeting expectations.