News & Analysis as of

MiFID II Regulatory Requirements New Regulations

A&O Shearman

CRD VI—European Banking Authority report on direct provision of services from third country institutions

A&O Shearman on

This note discusses the European Banking Authority’s (EBA’s) report, published on July 23, 2025, which addresses whether and when EU non-bank entities should be allowed to deal with locally unregulated non-EU banks. In some...more

A&O Shearman

Draft Markets in Financial Instruments (Miscellaneous Amendments) Regulations 2025 published

A&O Shearman on

The draft Markets in Financial Instruments (Miscellaneous Amendments) Regulations 2025 has been laid before the UK Parliament under the Financial Services and Markets Act 2023 (FSMA 2023), together with a draft explanatory...more

A&O Shearman

CTPs brought into scope of ESMA rules for DRSP fines and fees

A&O Shearman on

The European Commission has adopted delegated regulations amending the rules for data reporting service providers (DRSP) fines and fees to include consolidated tape providers (CTPs) in scope. Previously, the relevant...more

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