Webcast: Responding to Mifid II
Experts discuss reporting under Esma's implementing rules.
With the European Securities and Markets Authority (ESMA) releasing its implementing rules for Mifid II in December, the industry is gaining clarity on the next major phase of regulation. Mifid II will introduce sweeping changes for many firms, not least of all in terms of the scope of reporting requirements that will come into place, but who will be impacted the most, and how will this overlap with other aspects of regulatory reform in Europe?
• With the detail provided by ESMA, what are the primary changes in Mifid II from its first iteration?
• To what extent have reporting requirements been extended, and what does this mean for market participants trading on and off-exchange?
• How much of an overlap will there be between Mifir and other legislation such as the European Market Infrastructure Regulation, and can firms use this to their advantage?
• Will the new requirements serve to increase transparency in Europe's capital markets, or as with Mifid I, are there likely to be unintended consequences?
Speakers:
Moderator: James Rundle, Deputy Editor, WATERSTECHNOLOGY
Matthew Vincent, Head of UK Transaction Reporting, CREDIT SUISSE
David Nowell, Head of Regulatory Compliance and Industry Relations, UnaVista, LONDON STOCK EXCHANGE GROUP
Chris Johnson, Head of Product Management, Market Data Services, HSBC SECURITIES SERVICES
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Regulation
New data granularity rules create opportunities for regtech providers
As evidence, Regnology increased its presence in North America with the addition of Vermeg's Agile business—its 8th acquisition in three years—following a period of constriction and consolidation in the market.
Bond tape hopefuls size up commercial risks as FCA finalizes tender
Consolidated tape bidders say the UK regulator is set to imminently publish crucial final details around technical specifications and data licensing arrangements for the finished infrastructure.
The Waters Cooler: A little crime never hurt nobody
Do you guys remember that 2006 Pitchfork review of Shine On by Jet?
Removal of Chevron spells t-r-o-u-b-l-e for the C-A-T
Citadel Securities and the American Securities Association are suing the SEC to limit the Consolidated Audit Trail, and their case may be aided by the removal of a key piece of the agency’s legislative power earlier this year.
BlackRock, BNY see T+1 success in industry collaboration, old frameworks
Industry testing and lessons from the last settlement change from T+3 to T+2 were some of the components that made the May transition run smoothly.
How ‘Bond gadgets’ make tackling data easier for regulators and traders
The IMD Wrap: Everyone loves the hype around AI, especially financial firms. And now, even regulators are getting in on the act. But first... “The name’s Bond; J-AI-mes Bond”
Can the EU and UK reach T+1 together?
Prompted by the North American migration, both jurisdictions are drawing up guidelines for reaching next-day settlement.
Waters Wavelength Ep. 293: Reference Data Drama
Tony and Reb discuss the Financial Data Transparency Act's proposed rules around identifiers and the industry reaction.