AFME has responded to ESMA's consultation paper on the provision of investment services and activities in the union by third-country firms under MiFID II and MiFIR
The association says is it not put off by Steven Maijoor's hardball stance and will not give up lobbying for radical changes to CSDR's settlement discipline regime
The Central Bank of Ireland is allowing flexibility for the remittance dates of a number of regulatory returns due from investment firms, fund service providers and investment funds over the COVID-19 period
ESMA highlighted that the guidelines aim to harmonise the way fund managers charge performance fees to retail investors, as well as the circumstances in which performance fees can be paid
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
Following a series of warning calls from industry stakeholders, ESMA is backing a delay to the CSDR settlement discipline regime originally due in September