Questions remain on scope of Mifid extraterritoriality
Global firms confused about reach of trading obligation and best execution rules
Global banking groups are still grappling with uncertainties surrounding the application of new European Union financial market rules on operations located outside the EU, a conference in London has heard.
“We haven’t been able to get a clear picture from the regulators. We have talked extensively with the Financial Conduct Authority and European authorities since go-live, and before then, and it still remains uncertain,” said Andrew Bowley, head of regulatory response and market structure
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Regulation
