The Mifid II quick fix was designed to help the industry recover from Covid-19. While its impact remains to be seen, the crisis it proposes to solve may also shape the larger review of the regime due in the new year
After months of delays from British and EU regulators, various issues around Brexit have been clarified in recent weeks. Amid some relief, the most common question is simply: why has it taken so long?
With the end of the transition period looming, venues and firms are increasingly prepared for the short term, though Brexit’s long-term implications for liquidity remain uncertain
The EU Commission and Parliament are rushing changes to Mifid II in advance of the official review process. The question is how they are making these decisions
Both the FCA and European regulators are suggesting that forbearance is likely to be in short supply in January 2021. The question is: will enforcement be driven by political considerations?
Banks, asset managers, exchanges, legal experts and regtech firms reveal how the market has coped with the biggest reporting and transparency requirements
Market participants are confident that Mifid II’s RTS27 reporting requirement, now suspended, will either be substantially revised or abolished entirely following a European Commission review
The European Commission’s proposal to rebundle some research has been broadly welcomed, though few believe it will boost liquidity to any significant extent