This month's roundup of developments affecting banks, wealth managers, brokers and funds sees the financial service sector publish an article on "Brexit effects: too early to speculate", ESMA publish responses to call for evidence on asset segregation, a discussion paper on MiFID II derivatives trading obligation from ESMA and a £34m customer redress scheme agreed with a payday lender.
General Developments
- ESMA consultation paper on RTS specifying the scope of consolidated tape for non-equity financial instruments
- ESMA methodological framework - model written arrangements for benchmark colleges
- Compromise proposal on Regulation amending EuVECA and EuSEF published
- BoE speech - Rebuilding Trust through the FX global code
- FSB Implementation of G20/FSB financial reforms in other non-priority areas – Summary of key findings
- Speech on combating financial crime from FCA
- EC's overview of its level 2 measures in financial services
- Wealth managers set for seven month winning run
- FCA publishes new form for notifying transaction reporting errors
- Dark pool reference prices: occasional paper from the FCA
- Financial service sector Brexit effects: too early to speculate
- AIMA survey shows change in business models
- EACB responds to ESMA consultation on Distributed Ledger Technology applied to securities markets
- European Parliament motion for a resolution objecting to Delegated Regulation on RTS on key information documents for PRIIPs
- ESRB responds to ESMA consultation
- ESMA discussion paper responses on distributed ledger technology applied to securities markets
EMIR & Derivatives
- ESAs' opinion rejects proposed amendment to draft RTS on non-centrally cleared OTC derivatives
Funds
- ESMA publishes responses to call for evidence on asset segregation
- House of Commons European Scrutiny Committee considers proposal to amend EuVECA Regulation and EuSEF Regulation
- ECB opinion on a proposed Regulation amending EuVECA and EuSEF Regulations
- CLLS publishes response to FCA's consultation on proposals for additional reporting requirements for AIFMs
Investments & Investment Services
- ESMA Q&As on MiFID II and MiFIR transparency topics published
- ESMA consultation: draft RTS under SFT Regulation and related amendments
- Deadline extended on cross-border distribution of investment funds consultation
- Discussion paper on MiFID II derivatives trading obligation from ESMA
- FCA's market data reporting under MiFID II
Market Conduct
- Final guidelines on inside information and commodity derivatives under MAR
- ESMA consultation - Trading obligation for derivatives
- £34m customer redress scheme agreed with payday lender
- Corrigendum to Market Abuse Regulation published by the Council of the EU
