Mifid
MiFID Connect releases draft guidelines
MiFID Connect guides you through UK thinking on five MiFID issues.
2007 compliance costs a major worry says survey
Nearly two-thirds of respondents to CBI/PWC questionnaire fear increased spending
CESR issues consultation paper on the use of reference data standard codes in transaction reporting
The Committee of European Securities Regulators (CESR) issues CP on reference data codes for MiFID
CESR publishes consultation paper on the passport under MiFID
CESR has published a consultation paper on the passport under MiFID that sets out proposals for a common approach to the notification procedures
Kroes warns exchanges not to hamper post-Mifid platform
The European Union’s antitrust regulator yesterday warned stock exchanges that they must not prevent new trading platforms from emerging under the Markets in Financial Instruments Directive (Mifid).
UK financial firms face £1 billlion start-up bill for Mifid
UK-based financial services firms could face a £1 billion bill for implementing the Markets in Financial Instruments Directive (Mifid), the UK’s Financial Services Authority (FSA) estimates.
Industry opposes extension of Mifid transparency to bonds and non-equities
Feedback statement on Mifid transparency shows industry doubts into further regulation.
Nine Banks Organize to Build Mifid Utility
LONDON—Nine global securities firms have gone public with plans to create a trade data and market data dissemination platform to take advantage of the EU’s Markets in Financial Instruments Directive (Mifid) market structure reforms.
B ü rgenstock 2006: Regulators 'out of touch' on Mifid
Many European regulators and firms are still not ready for the effects of the Markets in Financial Instruments Directive (Mifid), warned delegates attending the Swiss Futures & Options Assocation annual conference in Burgenstock, Switzerland, today…
In Brief:
Final Mifid text now under review in the European Parliament The European Parliament is now reviewing the draft Level II text for the Markets in Financial Instruments Directive (Mifid). The draft, which is expected to remain largely unchanged, will then…
Risk 's Derivatives and Risk Management Summit Europe 2006: Regulators ‘must clarify MiFID' to prevent unfair competitive advantages arising
Financial institutions across the European Union’s 25 member states must lobby their individual regulators to ensure that jurisdictional interpretation and implementation of the Markets in Financial Instruments Directive (MiFID) next year does not…
Risk 's Derivatives and Risk Management Summit Europe 2006: Regulators ‘must clarify MiFID' to prevent unfair competitive advantages arising
Financial institutions across the European Union’s 25 member states must lobby their individual regulators to ensure that jurisdictional interpretation and implementation of the Markets in Financial Instruments Directive (MiFID) next year does not…
Time to get cracking on Mifid
I always find the purple and green backlighting that the Financial Services Authority uses on the stage sets at its events to be a bit disconcerting – something about the colour combination makes my eye ache.
Council conclusions on cross-border consolidation in the financial sector
The European Council has stated that cross-business is essential for growth, and that unnecessary obstacles should be removed to reap the economic benefits. The Council advocates sound, fair and non-discriminatory national supervisory practices within…
FSA and Treasury publish joint implementation plan for MiFID
HM Treasury and the FSA have published a joint implementation plan for the Markets in Financial Instruments Directive (MiFID). The plan covers the UK’s approach to the consultation and the planned timetables to changes to UK legislation and FSA rules…
Of MiFID and Market Data
The EU's Markets in Financial Instruments Directive will dramatically transform the structure of the market data industry, according to market participants.
European business under-prepared for Mifid, says KPMG
A survey by the international financial services firm KPMG has found that European executives are under-prepared for the implementation of the European Union’s Markets in Financial Instruments Directive (Mifid).
More clarity offered on Mifid
The European Union has published draft implementation rules on its Markets in Financial Instruments Directive (Mifid), giving Europe's financial institutions greater clarity on how to comply with the directive. But some bankers have criticised the…
MiFID Level 2 text on the table
BRUSSELS – In early February, the European Commission tabled formal draft proposals for the Markets in Financial Instruments Directive (MiFID) Level 2 text, detailing new trade reporting and transparency requirements for securities industry participants.
FSA simplifies training and competence rules
The UK Financial Services Authority has confirmed that its detailed rules on training and competence (T&C) will not apply from next year to those individuals in financial firms who deal only with wholesale or non-private customers.
Machiavelli and MiFID
CIOs face a new world of regulation and their saving grace is preparation.
The growing maturity of op risk and compliance
In Operational Risk ’s second annual survey on compliance, executives focus on the cost of regulatory initiatives. By Dianne See Morrison
More IT for MiFID
MiFID's success hinges on IT prospects, write Choongo Moonga and Phil Craig . But many in the industry are balking at the costs involved
MiFID's Cold Reception
The UK's Financial Services Authority is worried about what the new regulations will mean for British investment firms.