Problems and bad practices continue to plague Europe's vision of a new transparency regime. An inside look.
Esma’s ‘No LEI, No Trade’ policy gets real after the official end of a grace period on Mifid II’s LEI requirement, while at the same time Hong Kong regulators have introduced a new LEI mandate to boost identifier use in the region. Jamie Hyman and Wei…
Esma warns six-month LEI grace period will not be extended.
Do you know your APA from your CDO? Max summarizes the topics covered in this month's issue of Inside Data Management.
Panelists discuss operational issues involved in cross-border compliance with Mifid II.
Nearly half a year after Mifid II went live, sticky reference data issues are standing in the way of smooth compliance operations.
Wei-Shen Wong joins to discuss the brewing battle between the SGX and NSE and Anthony and James look at Esma's shot at reporting platforms.
Reporting platforms told by regulator to substantially improve quality of publicly reported data.
Traders say Mifid II transparency is failing partly as a result of questionable practices by trading venues and APAs, which publish pre- and post-trade data, and that the data is not always available to the public for free as the law requires
The wide adoption of reference data and accompanying standards creates both opportunities and challenges, said Cusip Global Services vice president and COO at the North American Financial Information Summit.
The lead-up to Mifid II led to a huge jump in Legal Entity Identifiers issued, and LEI uptake continues to break records through Q1 2018.
Mifid II’s RTS 28 reporting requirements require data that may be of little value, or worse, could be misleading.
Brokers are concerned that reports on best execution, due in just a few days, may be too onerous to produce in full.
Increasingly sophisticated schemes are targeting firms and individuals, watchdogs say.
The bloc’s primary financial regulators say immediate work is needed to protect systems.
Smartstream RDU, which had previously announced it would take a utility approach to centralizing and sharing SI data, announces an SI Registry in collaboration with six APAs.
Identifying what constitutes true trading activity and addressable liquidity is key to analyzing the success of market reform, experts say.
After some questioned ESMA's resolve, the regulator is stepping up its enforcement efforts. Max reviews how ESMA wants market participants to know that its bite can be worse than its bark.
Data consumers have long-bemoaned the fees charged by rating agencies, citing prices and a lack of transparency around how fees are set as key concerns. With no response from the agencies to user groups, Esma is now weighing in on the subject. Pauline…
Approved Publication Arrangements—a critical component in the new Mifid II European markets regulation—may be falling short of their requirements under the new transparency rules, and have drawn Esma’s attention. By Samuel Wilkes, with additional…
Esma has released the first figures to support Mifid II’s caps on the percentage of equities trading that can be transacted on dark pools. However, critics warn that although the delay has given Esma more time to validate data and clean up queries, the…
Irisium Surveillance will help the bitcoin exchange to better monitor for volume manipulation, wash-trading and fake liquidity.
European regulator sends a message to the market that Mifid II will be enforced with this data release, experts say.
Mario Draghi says European authorities must have direct supervision of non-EU CCPs