The UK watchdog today confirmed its decision to go with a single CT model chosen by tender process; while the European Parliament has finally come down in favour of the Mifir/Mifid II amendments suggested by MEP Danuta Hubner last year. Could a consolidated tape finally be on the cards?
The regulation details provisions on the supervision, consumer protection and trading of the burgeoning asset type.
A new draft report on Mifid II amendments confirms plans to ban payment for order flow (PFOF) in Europe, as well as removing dark pool caps and supporting a pre-trade consolidated tape, among others. The TRADE explores these legislative updates in detail to provide a comprehensive summary of the proposed changes.
The Financial Services and Markets Bill, published by the government this week, lays out a pathway for potential regulatory reform as the UK seeks to maintain competitiveness post-Brexit – but does it go far enough?
The new legislation looks to create rules to ensure transfers of crypto-assets will be traced and identified to prevent money laundering, terrorist financing, and other crimes.
UK clearing house applies for equivalence with European Securities and Markets Authority.
UK will not throw away European financial regulations after departing European Union according to UK economic secretary.