Europe’s liquidity rules are holding up… for now
New guidance on fund liquidity has followed redemption concerns in European equity and bond funds, writes Lynn Strongin-Dodds.
The risk that funds are unable to...
UK proposes streamlined listing regime, confirms consolidated tape for bonds
UK market regulator, the Financial Conduct Authority (FCA), has set out proposals aimed at making the UK’s listing regime more “accessible, effective, and competitive.”
In...
Reviews of MiFID II transparency raise concerns
The European Securities and Markets Authority (ESMA) launched consultations on 3 February 2020 for the regime for non-equity instrument systematic internalisers (SIs), venues that...
Will the EC ban electronic bilateral bond trading?
The broadening definition of ‘multilateral’ is at risk of capturing all trading if traders do not speak out.
The European Securities and Markets Authority (ESMA)...
SEC forms Fixed Income Market Structure Advisory Committee
By Flora McFarlane.
The Securities and Exchange Commission (SEC) has announced the formation and first members of its Fixed Income Market Structure Advisory Committee.
The committee,...
Asset managers could avoid tying up collateral under new uncleared margin rules
The majority of asset managers dragged into new uncleared margin requirements over the next two years could avoid tying up capital altogether, but still...
MiFID II/MiFIR text approval likely to take “several weeks”
A source close to the trilogue discussions around the Markets in Financial Instruments Directive and Regulation (MiFID II / MiFIR) has said that talks...
Controversy as buy side forces U-turn on US liquidity rule
By Jonathan Weitzmann.
The liquidity risk management financial rule (Rule 22e-4) was approved on 28 June 2018 by US regulator the Securities and Exchange Commission...
Hahn vows to continue drive for EU bond sovereign status
Johannes Hahn, commissioner responsible for budget and administration at the European Commission (EC) has said the organisation intends to continue its push for bonds...
BoE sets code of conduct for repo and securities lending
A new voluntary Money Markets Code setting out the standards and best practice expected from participants in the deposit, repo and securities lending markets...
