ESMA has urged NCAs not to prioritise supervisory action against execution venues and firms in respect of the deadlines of the general best execution reports under MiFID II in light of the COVID-19 pandemic
The suggested proposals by ESMA build upon the existing rules as well as the experience in implementing EMIR since 2012
Federation of European Securities Exchanges has confirmed that its membership, which constitutes 36 exchanges across Europe, will remain open to combat market disruption caused by the COVID-19 pandemic
ESMA has requested NCAs do not enforce SFTR until July in response to industry concerns and the market chaos caused by the COVID-19 outbreak
TRAction, a regulatory reporting services provider, has introduced a new solution to help UK and European investment managers with MiFID II obligations
AFME’s recommendations aim to encourage greater and more harmonised use of partial settlement across the industry as a way of improving settlement rates
Under the single passport system, the authorisation confirms that KDPW meets the EU’s legal requirements for central securities depositories
