EUROPE: EBA Roadmap on Investment Firms
On 2 June 2020, the European Banking Authority (EBA) published a roadmap setting out its intentions concerning the mandates given to it under the Investment Firm Directive (IFD) and the…
NETHERLANDS: AFM – Impact analysis MiFID II
On 19th May 2020, the Authority for the Financial Markets (AFM) issued recommendations for MiFID 2 revisions, in anticipation of EU changes. In anticipation of potential changes to the MiFID II…
EUROPE: ESMA Publishes Updates to EMIR Q&As
On 27th May 2020, the European Securities and Markets Authority (ESMA) updated its Questions and Answers document on practical questions regarding data reporting issues, under the European Markets Infrastructure Regulation (EMIR). The newly…
DENMARK: Pension Sectors Ongoing Valuation of Alternative Investments
On 27th May 2020, the Financial Supervisory Authority announced that it will initiate an investigation into the pension companies’ ongoing valuation of alternative investments. This investigation is due to the large fluctuations…
EUROPE: ESMA Updates Q&As on the Securitisation Regulation
On 28th May 2020, the European Securities and Markets Authority (ESMA) updated its Questions and Answers on the Securitisation Regulation (Regulation 2017/2402). The majority of the new Q&As in this document provide clarification…
EUROPE: ESMA Updates Q and As on MiFID II Investor Protection
On 28th May 2020, the European Securities and Markets Authority (ESMA) updated its Questions and Answers on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID…
FRANCE: AMF – Role of SIs on the French market
On 26th May 2020, the Autorité des Marchés Financiers (AMF) announced that it has decided to examine the role of systematic internalisers on French equity market. Its findings are published and…
EUROPE: EFAMA Calls for Changes to Investor Protection Rules
EFAMA has submitted its response to the European Commission’s consultations on the review of the MIFID II / MIFIR regulatory framework, where it has outlined its recommendations on investor protection and capital…
EUROPE: ECB Launches Public Consultation on Climate-Related and Environmental risks
On 20th May 2020, the European Central Bank (ECB) published a guide for consultation that explains how it expects banks to safely and prudently manage climate-related and environmental risks and disclose…
FRANCE: MiFID II – First Assessment of Bond Market Transparency
On 20th May 2020, the Autorité des Marchés Financiers (AMF) announced that it has decided to assess the bond market transparency measures introduced by MiFID II and particularly the conditions for…