European Commission (EC)
‘Smart Data,’ Regulation Drive Buy-Side Content Needs, But Cost Is Main Concern
The need for “smart data” and new analytical tools that deliver trading advantages where other sources of alpha have dried up, along with the reporting and storage requirements of new regulations are placing increased demands on firms’ need to handle…
European Commission Puts €500,000 Into ‘Blockchain Observatory'
The project is designed to provide a further understanding of distributed-ledger technology and its impact on financial services.
Systematic Internalizers: An Ambitious Regulation Caught in the Crossfire
The SI regime has proven to be the most fragile piece of regulation, as its legal loopholes have triggered a series of political events and has been established as the market’s most notorious law.
London Stock Exchange-Deutsche Börse Merger Killed Off by European Commission
European Commission prohibits deal on basis it would create a monopoly for fixed-income clearing in Europe.
The LSE–Deutsche Börse Merger Is Our Very Own Project Zeus
The collapse of the London Stock Exchange and Deustche Börse deal doesn't come as much of a surprise.
London Stock Exchange-Deutsche Börse Merger Suffers Potentially Terminal Setback
LSEG refuses European Commission’s antitrust demand to sell stake in Italian platform MTS, placing proposed merger in jeopardy.
EC Delays New Investment Products Legislation Over Key Info Documents
Regulation postponed after technical standards rejected will now take effect at the same time as MiFID II.
FCA Reveals Users' MiFID 2 Cost Concerns, Outlines Proposed Reporting Platform Fees
FCA meeting minutes show users expressing their concerns about the cost of data, post-MiFID 2, while the FCA outlines the costs of its own MiFID 2 reporting solution.
MAR Triggers Sophisticated Technology
Firms need to adopt new technologies in data surveillance and monitor communications to check for market manipulation intent
What Does GDPR Mean for Banks?
The EU's General Data Protection Regulation imposes accountability for protecting customers' and employees' personal data. It's drawing more attention to data privacy protection capabilities
Golden Copy: Invisible Rules
European firms facing contradictory directives on data disclosure and privacy
EC Defines ‘Reasonable' MiFID 2 Data Fee Levels
The European Commission's latest guidance documents set out the principles for how execution venues should determine a "reasonable cost" for data──though the EC stops short of specifying a level.
Data Challenges Force MiFID 2 Delay
European regulator ESMA concluded that the data burden made the original 2017 deadline unfeasible.
European Commission Confirms One Year MiFID II Delay
Delay of MiFID II entry to application confirmed for Jan. 3, 2018 due to “exceptional technical implementation challenges.”
European Commission Confirms One Year MiFID II Delay
Delay of MiFID II entry to application confirmed for Jan. 3, 2018 due to “exceptional technical implementation challenges.”
Portuguese Investor Group Seeks EC Ruling with Anti-Market Data Fee Petition
Industry association ATM Associacao de Investidores hopes the petition will prompt the EC to regulate exchange data fees.
Leaked EC Draft Seeks to Clarify Ambiguity in MiFID 2 Data Rules
In the draft document, the European Commission attempts to address uncertainty around the obligations of market participants under MiFID 2.
Diversification Key to Successful Clearing Mandate
Recovery and resolution plans may not be sufficient to mitigate systemic risk or the creation of 'too-big-to-fail' central counterparties.
Deutsche Börse to Develop Intraday Power Market Central Platform for XBID
Centralized platform to be part of European Commission initiative to create continuous European cross-border trading.
Cinnober to Receive EC Funding
Stockholm-based technology firm one of 78 companies to get support
Esma Releases Mifid II Implementing Rules
European regulator publishes 1,611-page final report and two-part consultation.
Factoring Security Into Data Governance
Making a choice on how to manage data, including compliance applications for data, also has to include security considerations
European Firms Grapple with Algo-Tagging Rules
Although the flagging and tagging of algorithms is only currently required in Germany, under the German HFT Act, it is slowly making its way into Pan-European law. Marina Daras looks at the German rule to see how the algo labeling requirement under Mifir…
Under Attack: Is Real-Time Data Safe from Hackers?
With recent data breaches such as US retailer Target falling victim to point-of-sale customer data theft and AOL email passwords being compromised grabbing the headlines, it's easy to understand why consumers are paranoid about data privacy. With the…