Markets in Financial Instruments Directive

ESMA IS SEEKING SECONDARY MARKET EXPERTS TO JOIN ITS CONSULTATIVE WORKING GROUP

Retrieved on: 
Tuesday, August 4, 2020
Finance, Money, Financial markets, Financial regulation, Systemic risk, Agencies of the European Union, European Union, European Securities and Markets Authority, Markets in Financial Instruments Directive, Esma, Securities market

04 August 2020

Key Points: 
  • 04 August 2020

    MiFID - Secondary Markets

    The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, is today opening the call for expression of interest to renew the composition of the Consultative Working Group (CWG) of the ESMA Secondary Markets Standing Committee (SMSC).

  • Interested experts are asked to send theirapplicationhere by 14 September, 18:00 CET.
  • The SMSC undertakes ESMAs work related to the structure, transparency and efficiency of secondary markets for financial instruments, including trading venues and OTC markets.
  • In terms of policy, among others, it has the responsibility for elaborating technical standards, guidelines, opinions, Q&As and other guidance.

Marlborough Investment Management Ltd Switch to AQMetrics from CME/NEX Abide for MiFID II Transaction Reporting

Retrieved on: 
Monday, August 3, 2020
Financial regulation, European Union, Markets in Financial Instruments Directive, Systemic risk, Risk, Magazines, Economy, Periodicals

LONDON, Aug. 3, 2020 /PRNewswire/ -- AQMetrics, a leading global platform for risk and regulatory compliance, has onboarded UK asset manager, Marlborough Investment Management Ltd, for its MiFID II transaction reporting.

Key Points: 
  • LONDON, Aug. 3, 2020 /PRNewswire/ -- AQMetrics, a leading global platform for risk and regulatory compliance, has onboarded UK asset manager, Marlborough Investment Management Ltd, for its MiFID II transaction reporting.
  • The selection of AQMetrics for its MiFID II regulatory reporting was straightforward for Marlborough Investment Management, part of the Marlborough Group with 10.5 billion assets under management.
  • A robust technology offering, proven track record and major focus on customer satisfaction were reasons to migrate their MiFID II transaction reporting from NEX Abide, Marlborough said, while AQMetrics already has a longstanding reporting relationship with Marlborough's Irish affiliate.
  • "Our Irish branch has a longstanding and positive MiFID II relationship with AQMetrics already.

Marlborough Investment Management Ltd Switch to AQMetrics from CME/NEX Abide for MiFID II Transaction Reporting

Retrieved on: 
Monday, August 3, 2020
Financial regulation, European Union, Markets in Financial Instruments Directive, Systemic risk, Risk, Magazines, Economy, Periodicals

LONDON, Aug. 3, 2020 /PRNewswire/ -- AQMetrics, a leading global platform for risk and regulatory compliance, has onboarded UK asset manager, Marlborough Investment Management Ltd, for its MiFID II transaction reporting.

Key Points: 
  • LONDON, Aug. 3, 2020 /PRNewswire/ -- AQMetrics, a leading global platform for risk and regulatory compliance, has onboarded UK asset manager, Marlborough Investment Management Ltd, for its MiFID II transaction reporting.
  • The selection of AQMetrics for its MiFID II regulatory reporting was straightforward for Marlborough Investment Management, part of the Marlborough Group with 10.5 billion assets under management.
  • A robust technology offering, proven track record and major focus on customer satisfaction were reasons to migrate their MiFID II transaction reporting from NEX Abide, Marlborough said, while AQMetrics already has a longstanding reporting relationship with Marlborough's Irish affiliate.
  • "Our Irish branch has a longstanding and positive MiFID II relationship with AQMetrics already.

EBA and ESMA launch consultation to revise joint guidelines for assessing the suitability of members of the management body and key function holders

Retrieved on: 
Saturday, August 1, 2020
Agencies of the European Union, Financial regulation, European Union, Systemic risk, Government agencies, Given names, EBA, Markets in Financial Instruments Directive, European Banking Authority, Esma

31 July 2020

Key Points: 
  • 31 July 2020

    MiFID - Investor Protection

    The European Banking Authority (EBA) and the European Supervisory Market Authority (ESMA) launched today a public consultation on their revised joint Guidelines.

  • As part of early intervention measures and during resolution, the suitability of newly appointed members of the management body and of the management body collectively is relevant and requires an assessment.
  • Consultation process

    The EBA and the ESMA invite stakeholders to send comments solely on the amendments to the joint EBA and ESMA Guidelines on the assessment of the suitability of members of the management body and key function holders as shown in the tracked changes version.

  • Comments to this consultation can be sent to the EBA by clicking on the "send your comments" button on the consultation page.

EBA and ESMA launch consultation to revise joint guidelines for assessing the suitability of members of the management body and key function holders

Retrieved on: 
Saturday, August 1, 2020
Agencies of the European Union, Financial regulation, European Union, Systemic risk, Government agencies, Given names, EBA, Markets in Financial Instruments Directive, European Banking Authority, Esma

31 July 2020

Key Points: 
  • 31 July 2020

    MiFID - Investor Protection

    The European Banking Authority (EBA) and the European Supervisory Market Authority (ESMA) launched today a public consultation on their revised joint Guidelines.

  • As part of early intervention measures and during resolution, the suitability of newly appointed members of the management body and of the management body collectively is relevant and requires an assessment.
  • Consultation process

    The EBA and the ESMA invite stakeholders to send comments solely on the amendments to the joint EBA and ESMA Guidelines on the assessment of the suitability of members of the management body and key function holders as shown in the tracked changes version.

  • Comments to this consultation can be sent to the EBA by clicking on the "send your comments" button on the consultation page.

ESMA updates transparency opinions for 3rd country venues

Retrieved on: 
Wednesday, July 29, 2020
Financial regulation, Finance, Money, Financial markets, Systemic risk, European Union directives, European Union, Markets in Financial Instruments Directive, European Securities and Markets Authority, Esma

28 July 2020

Key Points: 
  • 28 July 2020

    MiFID - Secondary Markets

    The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, has updated the list of third-country venues (TCTV) in the context of the opinion on post-trade transparency under MiFIR, following new requests from the industry.

  • Following the publication of the opinion and the list of third-country venues in June 2020, ESMA has received requests from market participants to assess more venues against the criteria set out in the opinion.
  • The review is now finalised and ESMA is publishing:

    For market participants to automatically process thelist of venues included in the annex of both the opinion on transparency and the opinion on position limits, ESMA published them in csv format.

  • The relevant links related to the opinions and their annexes are now available on a dedicated webpage.

ESMA updates transparency opinions for 3rd country venues

Retrieved on: 
Tuesday, July 28, 2020
Financial regulation, Finance, Money, Financial markets, Systemic risk, European Union directives, European Union, Markets in Financial Instruments Directive, European Securities and Markets Authority, Esma

28 July 2020

Key Points: 
  • 28 July 2020

    MiFID - Secondary Markets

    The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, has updated the list of third-country venues (TCTV) in the context of the opinion on post-trade transparency under MiFIR, following new requests from the industry.

  • Following the publication of the opinion and the list of third-country venues in June 2020, ESMA has received requests from market participants to assess more venues against the criteria set out in the opinion.
  • The review is now finalised and ESMA is publishing:

    For market participants to automatically process thelist of venues included in the annex of both the opinion on transparency and the opinion on position limits, ESMA published them in csv format.

  • The relevant links related to the opinions and their annexes are now available on a dedicated webpage.

ESMA publishes the MiFID/MiFIR Annual Review Report

Retrieved on: 
Thursday, July 23, 2020
Financial markets, Financial regulation, Finance, Money, Systemic risk, European Union, Markets in Financial Instruments Directive, European Securities and Markets Authority, Esma, Request for quote

23 July 2020

Key Points: 
  • 23 July 2020

    MiFID - Secondary Markets

    The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, has published today the MiFID/MiFIR Annual Review Report under Commission Delegated Regulation (EU) 2017/583 (RTS 2).

  • This report lays down the thresholds for the liquidity criterion 'average daily number of trades' for bonds, as well as the trade percentiles.
  • In the report, ESMA is suggesting to the European Commission to move to the next stage for:

    These measures are designed to increase the transparency available to market participants in the bond market.

  • ESMA considers such move premature since the first annual transparency calculation for these non-equity instruments will only be published this year.

ESMA publishes the MiFID/MiFIR Annual Review Report

Retrieved on: 
Thursday, July 23, 2020
Financial markets, Financial regulation, Finance, Money, Systemic risk, European Union, Markets in Financial Instruments Directive, European Securities and Markets Authority, Esma, Request for quote

23 July 2020

Key Points: 
  • 23 July 2020

    MiFID - Secondary Markets

    The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, has published today the MiFID/MiFIR Annual Review Report under Commission Delegated Regulation (EU) 2017/583 (RTS 2).

  • This report lays down the thresholds for the liquidity criterion 'average daily number of trades' for bonds, as well as the trade percentiles.
  • In the report, ESMA is suggesting to the European Commission to move to the next stage for:

    These measures are designed to increase the transparency available to market participants in the bond market.

  • ESMA considers such move premature since the first annual transparency calculation for these non-equity instruments will only be published this year.

ESMA PROVIDES GUIDANCE ON WAIVERS FROM PRE-TRADE TRANSPARENCY

Retrieved on: 
Friday, July 17, 2020
Financial markets, Economy, Finance, Financial regulation, Systemic risk, European Union directives, Stock market, Markets in Financial Instruments Directive, European Securities and Markets Authority, Committee of European Securities Regulators, Security, RSRCHXchange

17 July 2020

Key Points: 
  • 17 July 2020

    MiFID - Secondary Markets

    The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, published today an opinion providing guidance on pre-trade transparency waivers for equity and non-equity instruments.

  • The document replaces the guidance of the Committee of European Securities Regulators and ESMAs opinions on waivers from pre-trade transparency under the Market in Financial Instruments Directive (MiFID) I.
  • The guidance published today provides stakeholders with information on ESMAs assessment of features frequently encountered in the context of issuing opinions on waivers from pre-trade transparency over the last three years.
  • Over the last three years, ESMA assessed more than 900 notifications for waivers from pre-trade transparency for equity and non-equity instruments.