European Commission agrees to extend the tick size regime to SIs, as long as it is limited to shares and depositary receipts only.
With less than a year until the United Kingdom is due to officially depart from the European Union, Hayley McDowell examines where the financial services industry stands in the swirling Brexit chaos as the clock ticks down to 29 March 2019.
Third country instruments may have to comply with tick size regime as ESMA looks to protect venues inside the European Union.
ESMA lays out rules for free-trial periods and investment firms are excepted to keep a record that they have been met.
SI calculations for derivatives will now be published on 1 February 2019 as ESMA blames incomplete and insufficient data.
European regulator warns market participants over authorisation deadline for Brexit relocation.
Pension funds will have to begin clearing OTC derivatives contracts on 17 August 2018, despite calls for a third extension.
ESMA chair Steven Maijoor says watchdog is carrying out a ‘fact-finding’ exercise on periodic auctions and highlights competitive advantage for SIs.
ESMA confirms there will be no extension to the six-month grace period implemented just two weeks before MiFID II went live on 3 January this year.