News & Analysis as of

Market Participants MiFID II

Mayer Brown

FAQs - Final Rules for the Revised UK Commodity Derivatives Position Limits Framework

Mayer Brown on

As of 6 July 2026 (some rules took effect from March 2025), all final rules of the new FCA commodity derivatives position limits framework will come into effect. In addition, responsibility from the regime will transfer from...more

BCLP

FCA consults on changes to Investment Research and Best Execution reporting

BCLP on

On 28 April 2021 the Financial Conduct Authority (FCA) published a consultation paper (CP 21/9) on proposed changes to its investment research rules and best execution reporting requirements. We discuss these proposed...more

Latham & Watkins LLP

SEC Extends Relief From MiFID II Research Unbundling Provisions

Latham & Watkins LLP on

The extension benefits market participants in the US seeking to comply with EU MiFID II research rules, but significant issues remain. Key Points: ..The no-action relief has been extended for three additional years from...more

A&O Shearman

EU Consultation on Changes to Position Limits for Commodity Derivatives

A&O Shearman on

Following its Call for Evidence issued in May this year, the European Securities and Markets Authority has launched a consultation on proposed revisions to the legal framework for position limits and position management in...more

A&O Shearman

UK Regulator Provides Guidance on Regulatory Perimeter and Crypto-Assets

A&O Shearman on

The U.K. Financial Conduct Authority has published a Policy Statement and final Guidance on Crypto-assets. The Policy Statement summarizes the feedback received to the FCA's consultation on draft Guidance and sets out the...more

A&O Shearman

EU Call for Evidence on the Impact of the Inducements and Charges Disclosure Requirements Under MiFID II

A&O Shearman on

The European Securities and Markets Authority has launched a call for evidence on the impact of the inducements and costs and charges disclosure requirements under the revised Markets in Financial Instruments Directive. MiFID...more

A&O Shearman

EU Evaluates MiFID II's Success in Improving Trade Data Quality, Availability and Costs

A&O Shearman on

The European Securities and Markets Authority has launched a consultation on the development of pre- and post-trade transparency data and the functioning of the consolidated tape for equity instruments under the revised...more

A&O Shearman

European Securities and Markets Authority Publishes Final Report on Frequent Batch Auctions

A&O Shearman on

The European Securities and Markets Authority has published a final report presenting the feedback to its November 2018 call for evidence, which sought to improve its understanding of "frequent batch" auction systems and...more

White & Case LLP

ICOs and Security Tokens: FCA Consults on Crypto Guidance

White & Case LLP on

The UK FCA launched on 23 January 2019 its highly anticipated consultation1 (CP19/3) on Guidance for market participants as to where certain cryptoassets sit in relation to the regulatory perimeter - and whether relevant...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week In Review

U.S. Financial Industry Developments - Economic Growth, Regulatory Relief and Consumer Protection Act - The "Economic Growth, Regulatory Relief and Consumer Protection Act," signed by the President on May 24, amends...more

Morgan Lewis

UK Market Abuse Regime Extends Its Reach: Implications for Market Participants

Morgan Lewis on

The new regime shares the same aims as its predecessor—to ensure the integrity of EU financial markets and enhance investor confidence—and keeps pace with market developments such as new trading platforms, new technology, and...more

Orrick - Finance 20/20

MiFID II Legislation Set For Further 1 Year Delay

Orrick - Finance 20/20 on

The European Parliament has agreed not to block requests from policy makers and regulators to postpone implementation of the Markets in Financial Instruments Directive. This delay pushes back the intended date of the new...more

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