Markets in financial instruments directive (mifid)
European oversight committee lists advice on new financial market rules
EU proposals for fixing the market fragmentation that resulted from the implementation of MIFID has the industry concerned
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
More Markets in financial instruments directive (mifid) articles
Funds are the structure of choice this year, as the exchange-traded funds business grows and structured product houses look for fund solutions. But the fund industry has its limitations, not least because of the complexity of structuring and the expense...
More data sharing needed to empower local regulators, says Six’s Katz
Commerzbank has been fined £595,000 for failing to provide accurate and timely transaction reports
Inadequate reporting systems and controls to prevent market abuse leads to £4.2m fines for three London firms.
Regulators are considering extending transparency requirements to include pre- and post-trade reporting for over-the-counter derivatives. But the industry is keen to spell out the limits of what can be done without damaging investor confidence and liquidity....
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.