UK scraps open access regime for derivatives in latest regulatory divergence
The open access regime for exchange traded derivatives will be scrapped in the UK but it will continue to support the regime for the equity and OTC derivatives markets.
Tag: HM Treasury
UK regulator looks to axe MiFID II research and best ex reporting rules
A consultation has been opened that could see MiFID II requirements around research and best execution scrapped in the UK’s latest regulatory divergence from Europe.
UK scraps MiFID II requirements in ambitious capital markets reform
Proposed reforms to the UK capital markets include the removal of the share trading obligation and the controversial double volume caps for dark trading.
UK and EU reach post-Brexit agreement on financial services
The agreement follows months of stalemate in discussions between the two entities regarding UK-EU equivalence across the financial markets.
Europe
UK authorities assessing industry’s coronavirus contingency plans
FCA, Bank of England and HM Treasury are investigating how firms will manage a widespread outbreak of coronavirus.
Buy-side trade body commits to 'aligned' pay structures
Policy gains endorsement from HM Treasury and the Financial Reporting Council.