MiFID II’s clock synchronisation rules have given the buy-side plenty to think about, Hayley McDowell looks at the challenges and how technology is helping.
Report on blockchain by EU regulator states certain regulatory requirements could become less relevant as blockchain technology progresses.
Regulatory experts look at the possible outcomes of ESMA’s recent Q&A on MiFID II’s systematic internaliser regime.
ESMA has delayed the SI regime and stated assessments should be made by 1 September 2018.
ESMA is urging the continuation of the CMU initiative despite the UK’s decision to leave the European Union at the end of June.
Impacts of MiFID II on business models is difficult to predict, ESMA‘s Verena Ross told delegates at a conference in Norway.
ESMA states “all sufficient steps” to be taken to obtain best execution, but not for every single client order.
Fixed income pre-trade transparency and the number of instruments will see less firms opting in to become a systematic internaliser.
Threshold for trading venues will determine which are subject to consolidated tape rules.