European Securities and Markets Authority (Esma)
Mifid changes will avert 'race-to-the-bottom' pricing – industry
Market participants praise Esma's move to relax pre-trade transparency requirements for RFQ
Esma's Mifir endorsement of ISIN identifiers questioned
Markit and Bloomberg claim Red codes and Figis should be used for trade reporting
Expected delay to non-EU CCP approval risks frontloading panic
Lawyers fear scramble to close out trades
People: Deutsche adds new financial institutions co-head
Celeste Guth joins Deutsche as co-head of the financial institutions group; UBS shakes up US rates; Wetjen heads to DTCC
Confusion reigns over Mifid transparency in forex
Banks could still be forced to disclose quotes under Mifir despite Mifid reprieve
Energy firms blast new Mifid II rules on commodities
Industry expects ‘serious negative consequences’ from Esma proposals
End-users and banks seek radical change to Emir reporting
Corporates willing to write off sunk costs in move to single-sided regime
Mifid II delegated acts shelved until November – FCA
FCA official says 14 elements of Mifid II will be held up; research row blamed
Esma ‘determined’ to finalise Mifid II rules in September
Market has been expecting delay; timeline will hinge on board meeting this week
Industry expecting Mifid II delay
September 24 deadline likely to be missed, banks and lobbyists fear
Banks hope for Mifid reprieve on fixed-income research
Intervention by France, Germany, UK could bring about “more considerate treatment”
Mifid II price tiering guidance unlikely, say dealers
Banks warn vague rules "like the Rorschach test" and need clarification
Banks bemoan data gap in Mifid II systematic internaliser test
Required EU trading data non-existent, dealers complain
Corporates fear end to Emir's hedge exemption
Counting all trades towards clearing threshold ‘would be a nightmare’
Latin alternative funds eye Asia following passport decision
AIFMD 'driving' South American business to Singapore
EBA proposes trade-by-trade CVA test for non-EU corporates
Banks would have to check whether exemption applies each time they trade
Esma urges EC to bin frontloading
Benefits of retroactive clearing are "undermined" by its drawbacks, Esma finds
AIFMD passport denial will impact Asian managers most
Hedge fund industry decries Esma's shutting of door on most offshore funds
Fresh delay will push EU-US CCP row into September
Decision had been expected in July; dealers sceptical new timeline will hold
Structured products market blasts Mifid II complexity test
Strict classification of structured products into 'complex' and 'non-complex' criticised
Video: Alberto Pototschnig, director of Acer
Acer director talks about progress on Remit and power market coupling
Energy firms concerned by Mifid II ‘ability test’
Expansive definition of financial instruments worries firms such as utilities
Mifid II adjustments fail to ease energy firms' worries
Revised ancillary business exemption would still catch large and mid-sized utilities
Singapore clearing mandate timed to avoid US/Europe overlap
With sufficient clearing options now available MAS is ready to set out clearing mandate