European Union (EU)
Industry Criticizes Equivalence Measures in Europe’s Brexit Stance
Experts welcome transitional relief but say equivalence is not an appropriate basis for free-trade agreements.
Duco Taps Trostinsky to Oversee Hybrid SaaS Software
Duco’s new hire Julian Trostinsky will take ownership of Hybrid SaaS and oversee the newest edition of Duco Cube.
CFTC Commissioners Lash Out at EC Clearing Proposals
The push to expand oversight of US CCPs is “a clear breach” of 2016 equivalence deal, Quintenz says.
Publicis.Sapient Adds NPL Support to European DataWarehouse
Publicis.Sapient’s latest additions to the European DataWarehouse support EBA-mandated data templates for non-performing loans, making the asset class more transparent and accessible.
Europe Unveils Fintech Action Plan
European Commission seeks to build EU fintech lab, promote blockchain and review rules in light of emerging tech.
After Delays, Esma Publishes Double Volume Cap Data
European regulator sends a message to the market that Mifid II will be enforced with this data release, experts say.
CLS Launches FX Reporting System
CLS plans to fully integrate CLSReporting, a new FX matched instruction service, in Q2 of 2018.
CMC Markets Is Latest Addition to QuantHouse API Ecosystem
CMC Markets’ trading platform will now be available via QuantHouse’s qh API ecosystem.
ECB Chief Doubles Down on CCP Brexit Debate
Mario Draghi says European authorities must have direct supervision of non-EU CCPs
GLEIF Releases Golden Copy Files In Beta
Newly released GLEIF Golden Copy Files makes the LEI data pool easier to access and process, and there are hopes it might even inspire innovation.
AIC’s Sayers: FCA KIDs Clarification ‘Very Helpful’
The Association of Investment Companies CEO says an FCA statement on Key Information Documents attached to Priips helps, but does not solve, the KIDs’ fundamental problem with overly optimistic projections.
Client Reporting Remains Top Mifid II Implementation Challenge
A November 2017 survey of fund managers found client reporting was their biggest concern in the lead-up to Mifid II, and it remains so in the weeks following the regulation’s entry into force.
FCA Names International Director, Esma Refreshes Board
UK regulator appoints Nausicaa Delfas executive director of international, while Esma replaces two outgoing board members.
Mifid Data Runs Aground with Issues at European Regulators
Glitches and halts mark first few weeks of transparency requirements at systems operated by regulators.
UPDATE: Markets, Regulators Not Yet United on Mifid II
Just over a week into Europe’s new financial regulatory regime, Joanne Faulkner assess the key challenges that still lie ahead as market participants and regulators alike grapple with the data and reporting requirements of Mifid II.
Venues Deny Esma Accusations over Volume Cap Delay
Delays to a key aspect of Mifid II have triggered tensions between market participants and regulators.
Esma Proposes CCP Margin Model Disclosures
European regulator takes step toward forcing clearinghouses to disclose exactly how they calculate risk and collateral requirements for trades.
Tradeweb APA Bug Mires Mifir Reporting
Reporting platform began rejecting trade reports due to mismatched identifiers, banks say.
Waters Wavelength Podcast Episode 103: Mifid II is Now Law; How to Apply for the Women in Data & Tech Awards
Anthony and James take a look back on the week that was in Mifid II and give insights on how best to apply for the Women in Data & Tech Awards.
Metzler AM Taps Visible Alpha for Mifid II Research Compliance
Implementing a new research tracking and valuation workflow based on Visible Alpha's tools will enable the firm to get better results from research relationships, as well as comply with Mifid II.
Vela Adds Virtu to SI Data Hub
The technology provider expands systematic internaliser data hub with addition of data from market-making firm Virtu Financial.
New Dawn in Europe as Mifid II Goes Live
Updated trading rules to have significant impact across all asset classes.
Law & Disorder: US Preps Defense Against Mifid II
As Mifid II's deadline approaches, US firms affected by the rules are still waiting for regulators to resolve crucial conflicts between European and American laws, and are likely to be making adjustments well after the deadline has passed, reports…
Swedish FSA Grants Nasdaq APA License
Nasdaq Nordic now holds APA and ARM licenses for reporting trades on behalf of European investment firms.