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EC: New framework on Market Abuse published in the Official Journal
Regulation No 596/2014 on market abuse (Market Abuse Regulation) and Directive 2014/57/EU on criminal sanctions for market abuse (Market Abuse Directive) have been published in the EU Official Journal. View Article |
EC: New legislative framework for MiFID published in the OJ
The Directive on Markets in Financial Instruments and the Regulation on Markets in Financial Instruments (MiFIR) have been published in the EU Official Journal. Member States have 2 years to transpose the new rules, applicable starting January 2017. View Article |
EC: New EU rules on statutory audit come into force
New rules to strengthen statutory audit quality across the EU have entered into force following publication in the OJ. View Article |
Reuters: EU legal opinion says exemption for UK bank rules from EU curbs 'illegal'
Exempting Britain's banks from planned EU rules to curb risky trading would be illegal, argued EU lawyers (focussing on Article 21 of Draft Regulation.) View Article |
ESMA and EBA publish harmonised guidelines for handling consumer complaints across the EU
The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) published their Joint Committee final Report on guidelines for handling consumer complaints in the securities and banking sectors. View Article |
EFAMA underlines industry challenges and achievements at AGM in Bucharest
The asset management industry enjoyed its fastest growth last year since the economic crisis and recorded its second consecutive year of expansion. Across the investment landscape, major upheavals are reshaping the industry, driven by sector developments and regulatory change, EFAMA president said. View Article |
Risk.net: EIOPA's Bernardino calls for balance on long-term investments
Insurers are clamouring for changes to capital charges under Solvency II for long-term investments. But supervisors must be careful to avoid market distortions, says EIOPA chairman. View Article |
IOSCO intensifies work on Market-Based Finance
The Board of the International Organization of Securities Commissions met in Madrid to drive forward IOSCO’s work on market-based finance. View Article |
FT: Too soon to celebrate EU loan parcel revival
The recent fortunes of Europe’s asset-backed securities market can be said to broadly track its annual conference venues. View Article |
Bruegel: The ECB’s bank review - Kill the zombies and heal the wounded
Complacency could still lead to another failed attempt to fix Europe’s banks, with severe consequences, argue Ajai Chopra and Nicolas Véron for Bruegel. View Article |