Market participants disagree over the need for new and existing high-yield issuers to list outside the EU and avoid its EU’s Market Abuse Regulation requirements
The UK’s vote to leave the EU will now test financial institutions’ fears over loss of passporting rights, and specifically the likelihood of effective equivalence
Competition enforcement – or lack of it – has become somewhat of a running joke in the UK over the past two years. Since April 2014, when the Competition & Markets Authority (CMA) launched with considerable enforcement powers to boot, corporates have escaped largely unscathed.