Compliance

Compliance


News analysis on how banks, asset managers and trading venues are implementing new rules, from the changing nature of market structure under Mifid II, to how firms are grappling with transparency obligations and transaction reports.

Markets expect 'lighter touch' Mifid II in UK following divergence

Jun 10, 2021

With equivalence now off the cards, market participants think the UK’s tailored approach will mean making its own rulebook slimmer and more competitive in a bid to offset the loss of investment to Europe

Brexit Mifid II divergence puts dark pools under the spotlight

Jun 17, 2021

While the EU wants to tighten restrictions on dark pool trading, the UK has made it clear that it is open for business and will take a softer approach to pre-trade transparency

Post-Brexit divergence on MAR begins

Jun 16, 2021

Recent changes made to insider list rules and PDMR dealings under the Market Abuse Regulation are the first signs of a difference in approach between the UK and the EU

IFPR: Icara will change asset management firms’ approach to risk

Jun 9, 2021

With the second consultation on the UK’s new Investment Firms Prudential Regime now closed, market participants have just over six months left to prepare for the new rules

Brexit: euro clearing shift to EU is about ‘taking back control’

Jun 7, 2021

Panellists at an FIA event discussed the legitimacy of the euro clearing shift requested by the European Commission, drawing parallels with sovereignty issues raised during the Brexit campaign

Mifid II review: don’t change too much

Jun 2, 2021

As the potential for regulatory divergence grows between the UK and EU, market participants worry that the two separate review processes will create additional complexity

Post-Brexit regulatory divergence is imminent

May 13, 2021

While EU and UK rules have so far remained mostly aligned, sources say this will begin to change very soon and the market should stand ready

Japan's post-Libor multi-rate regime could cause liquidity fragmentation

May 12, 2021

The lack of market consensus on a specific risk-free rate means market participants will opt for different alternatives, resulting in a lack of liquidity on TONA