Buy-side firms face an unprecedented regulatory challenge in the form of the European Union’s Market Abuse Regulation (MAR), which came into effect on July 3, 2016.
In seeking to enhance and harmonise the European Union's market abuse regime, MAR introduces new operational, technology and regulatory requirements for firms operating in the European financial markets. In order to keep pace with changing financial markets, the regulation has been extended from the previous Market Abuse Directive (MAD).
This whitepaper breaks down the new MAR rules set by the EU, and looks at ways financial organisations from the buy side can develop a response to the EU’s Market Abuse Regulation.
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails