Included in the January 2017 edition of InVest is a roundup of developments affecting banks, wealth managers, brokers and funds. Read more… 

This month's roundup of developments

  • The European Commission publish an overview of its level 2 measures in the area of financial services;
  • The FCA consult on its review of the funding of the Financial Services Compensation Scheme; and
  • The European Securities and Markets Authority's (ESMA's) proposal to introduce a new digital format for issuers' financial reporting.

To view the issue in full, click here

General Developments

  • ESMA proposes new digital format for issuers' financial reporting
  • European Commission overview of level 2 financial services measures: December 2016

Investments & Investment Services

  • The Wealth Management Association publishes response to MiFID Consultation Paper III
  • FCA publishes fourth consultation paper on implementing MiFID II

EMIR & Derivatives

  • European Commission adopts Delegated Regulation further extending temporary clearing exemption for Pension Scheme Arrangements under EMIR
  • FCA opens applications for intragroup exemption from EMIR margin requirements


  • Council of the EU press release on regulation amending EuVECA Regulation and EuSEF Regulation
  • Council of the EU approves text of proposed Money Market Funds Regulation

Market Conduct

  • ESMA has updated its Q&A's on the Market Abuse Regulation

Key Contacts