ESMA sets timetable for MIFID II waiver applications
The European Securities and Markets Authority (ESMA) has updated two Questions and Answers (Q&A) documents regarding implementation issues relating to transparency topics and market structures topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR).TransparencyThe new [...]
ESMA prepares for MIFID II commodity derivatives regime
The European Securities and Markets Authority (ESMA) has published a new questions and answers (Q&A) document on commodity derivatives topics under the revised Markets in Financial Instruments Directive and Regulation (MiFID II/ MiFIR).MiFID II applies from 3 January [...]
ESMA agrees with the MAR accepted market practice (AMP) on liquidity contracts proposed by spanish regulator Comisión Nacional del Mercado de Valores (CNMV)
The Opinion relates to the accepted market practice (AMP) notified by the CNMV, the Spanish securities markets regulator. This AMP refers to liquidity contracts by which a credit institution or investment firm (financial intermediary) quotes in the equity market [...]
Distributed ledger technology in payments, clearing, and settlement
Digital innovations in finance, loosely known as fintech, have garnered a great deal of attention across the financial industry. Distributed ledger technology (DLT) is one such innovation that has been cited as a means of transforming payment, [...]
ESMA: Updated MIFID II Q&A on investor protection
The European Securities and Markets Authority (ESMA) has added new Q&As to its Questions and Answers (Q&A) document on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR). [...]
EBA publishes the final draft of the Regulatory Technical Standards (RTS) on passporting pursuant to PSD2
[Newsflash n. 22] Last 11th of December EBA launched a consultation on the draft Regulatory Technical Standards (RTS) on passporting pursuant to article 28(5) of the Payment Services Directive 2 (PSD2). The PSD2 came into [...]