FSA Timetable Adjusts to MiFID Schedule

In an effort to follow the European Commission's MiFID timetable, the Financial Securities Authority has established a schedule for its consultation program.

The FSA will publish a consultation paper in the second quarter of this year on systems and controls, setting out a single body of requirements in this area arising from both the Capital Requirements Directive (CRD) and MiFID.

A consultation paper in the third quarter will cover provisions on market transparency, transaction reporting

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