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.

EU IFR/IFD off to a bumpy start 

Oct 21, 2021

The new regime aims to separate prudential requirements for banks and investment firms, but market participants denounce excessive complexity and a ‘copy-and-pasting’ of CRR/CRD rules 

MOU forum crucial for future EU-UK regulatory dialogue

Oct 19, 2021

Agreed upon earlier this year, the post-Brexit forum for financial services talks has not formally started, which sources say is holding up progression on equivalence decisions

Markets welcome evidence-based approach to Mifid II review

Oct 19, 2021

The EU and the UK diverge on their market structure reforms, but market participants are hopeful that policymakers on both sides of the Channel will make evidence-based decisions

EU reliance on third-country entities creates risk

Oct 7, 2021

Dependency on third-country financial services in a post-Brexit world jeopardises financial stability, sources have said, arguing that the EU needs to strengthen its primary market

EU consolidated tape will help counter fragmentation 

Oct 5, 2021

The bloc has more than six hundred venues operating in multiple jurisdictions and languages, but without a tape the full advantages of that landscape will be lost 

FCA, UK Treasury stress continued collaboration with markets

Oct 3, 2021

The UK’s wholesale markets review consultation period may have just concluded, but its market-led approach to rulemaking has only just begun

Industry optimistic about EU-UK regulatory cooperation

Sep 30, 2021

Although regulatory divergence has begun to emerge, market participants at the FIA international derivatives expo argued that regulators on both sides of the Channel share mutual goals and a common direction of travel 

EU consolidated tape to lead market structure debate

Sep 22, 2021

While the EU Commission says the future CT will form the centrepiece of its Mifid II/Mifir review, the sellside continues to worry about premature reforms to the bonds deferral regime