The European Parliament has confirmed the open access regime will be delayed for a year due to the impact of the coronavirus pandemic.
Nikhil Rathi will lead the UK’s Financial Conduct Authority as CEO after six years with the London Stock Exchange.
ESMA and the FCA have urged trading venues and CCPs to prioritise continuity of their services as the open access regime comes into force in early July.
The Investment Association has written to the FCA and the Bank of England to confirm that asset managers want markets to remain open despite coronavirus volatility.
Market participants have been told that despite disruption, the transition away from Libor is still targeted for the end of 2021.
European regulators have been told not to prioritise supervision of the changes to systematic internalisers amid the coronavirus pandemic.
Firms urged to let the FCA know if there are difficulties in recording calls, or capturing regulatory data that is due to be submitted.
Regulators in the UK, Italy, Spain and France have all restricted short selling activity amid massive equity market declines.
As the debate around market data costs continues, the FCA is looking for further input from market participants on the issue.
FCA, Bank of England and HM Treasury are investigating how firms will manage a widespread outbreak of coronavirus.