EU lays foundation for crypto-asset regulation as landmark bill approved
The regulation details provisions on the supervision, consumer protection and trading of the burgeoning asset type.
Tag: EU
Regulation
Cat among the pigeons? New report outlines the latest Mifid II amendments
A new draft report on Mifid II amendments confirms plans to ban payment for order flow (PFOF) in Europe, as well as removing dark pool caps and supporting a pre-trade consolidated tape, among others. The TRADE explores these legislative updates in detail to provide a comprehensive summary of the proposed changes.
Could regulatory divergence finally be on the cards for the UK?
The Financial Services and Markets Bill, published by the government this week, lays out a pathway for potential regulatory reform as the UK seeks to maintain competitiveness post-Brexit – but does it go far enough?
European Parliament establishes new crypto rules to avoid illicit flows in the EU
The new legislation looks to create rules to ensure transfers of crypto-assets will be traced and identified to prevent money laundering, terrorist financing, and other crimes.
LCH applies for EU equivalence in preparation for no-deal Brexit
UK clearing house applies for equivalence with European Securities and Markets Authority.
UK MP: No bonfire of financial regulations post-Brexit
UK will not throw away European financial regulations after departing European Union according to UK economic secretary.
CFTC chairman warns EU to stay off clearing turf
CFTC's Giancarlo stated stricter rules on overseeing non-EU clearing houses will damage US derivatives markets.
ESMA chief supports stricter supervision on UK CCPs
ESMA's Steven Maijoor has welcomed proposals to impose stricter controls on UK CCPs clearing euro-denominated derivatives.
US-EU regulators unable to reach consensus over cross-border derivatives rules
The CFTC has extended its exemption from the uncleared margin rules for US firms doing business in Europe.
CCP recovery role for MEP Swinburne
Kay Swinburne will lead the European Parliament’s team on CCP recovery and resolution.