With the first MiFID Directive, the European lawmakers emphasized the importance of an independent compliance function. It formalized the requirements investments firms had to fulfil to ensure a control framework that would “detect any risk of failure by the firm to comply with its obligations under Directive 2004/39/EC, as well as the associated risks, and …
On Thursday, the German financial watchdog BaFin announced that it would conduct another review into compliance o financial institutions with the rules introduced by MiFID II one year ago. In a first review, which was published in May 2018, BaFin had asked a group of forty financial institutions that consisted of private banks, foreign branches …
It has been a busy month of MiFID II updates. ESMA has published six documents that provide further detail or clarification for the MiFID II framework that was launched on 3 January 2018. Launch of Bond Liquidity System The regulator kicked the month of with the launch of a bond liquidity system. It is the …
ESMA publishes various MiFID II updates and documents Read More »
Some considered 3 January 2018 to be the end of banking as we know it, doomsday, Armageddon. For several years the tension and anticipation had been building up and the final weeks of 2017 were extremely ones in many compliance departments in order to prepare for the arrival for MiFID II. And the party is …
In a nutshell: Best Execution under MiFID II/MiFIR Read More »
The European Securities and Markets Authority (ESMA) has added 9 new or updated Q&As to its Questions and Answers (Q&A) on MiFID II/MiFIR investor protection topics. The new or updated Q&As cover the topics of best execution, client categorisation, provision of investment services and activities by third country firms, and other issues. The overall MiFID II Q&A …
ESMA provides update on Investor Protection and Intermediary Topics under MiFID II Read More »
Today, it’s been 133 days that MiFID II has become applicable. Time to take stock and have a first look at MiFID II compliance – Do financial institutions follow the new rules? What are the stumbling blocks? And where do they need to improve? It is indeed early for a conclusive picture, but the outcome …
Do Banks Comply with MiFID II? – Insights from the German Regulator Read More »
The European Securities and Markets Authority (ESMA) has published today an extended version of the MiFID II/MiFIR transitional transparency calculations (TTC) for equity and bond instruments, adding further instruments. The TTC for these additional instruments are displayed alongside the already published TTC that were published on 22 December 2017, which remain unchanged. ESMA has added today …
ESMA updates transparency calculations for MiFID II/MiFIR Read More »
The European Securities and Markets Authority (ESMA) has published an updated version of the MiFID II/MiFIR transitional transparency calculations (TTC) for equity and bond instruments. This updated version mainly reflects changes in the classification of the instruments and the related parameters and resubmission of data by some trading venues. This new version is the one …
ESMA updates key transparency calculations for MiFID II implementation Read More »
With two weeks until the launch date of one of the biggest regulatory initiatives in history, the European Securities and Markets Authority (ESMA) has provided some clarity in respect of several aspects of MiFID II / MiFIR by publishing various documents. Investor Protection Q&As In an update to its Questions and Answers (Q&A) document on the …
European Watchdog provides last minute clarifications on MiFID II Read More »
The European Securities and Markets Authority (ESMA) has today updated its Questions and Answers (Q&As) regarding commodity derivatives under the Market in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). This update relates to position limits and position reporting. ESMA has also updated today its list of liquid commodity derivative contracts for position limit purposes. …
ESMA provides update on Commodity Derivatives under MiFID II Read More »
PlanetCompliance does not claim to be exhaustive, instead we are helpful for any contribution from our users, and the content on this platform does not constitute legal advice.
The full legal disclaimer can be found here:
View Disclaimer
© 2021 PlanetCompliance. All Rights Reserved.
Disclaimer | Privacy
Add your article to Planet Compliance.
