intragroup exemption margin fca video

 

ccp equivalency regime in danger

 

Bidding zones instead of borders

 

Lei

 

IMG 0561

 
Two weeks for SI calculations? Is it enough?
Monday, 07 November 2016 06:44

 

Investment firms must set up all necessary infrastructure to be able to carry out calculations of the investment firm's position versus systematic internaliser's thresholds within two weeks after the publication by ESMA of the EU-wide reference data.

 

Read more...
 
REMIT reporting burdensome? Write to ACER for an exemption
Monday, 26 September 2016 06:11

 

Merciful EU energy watchdog granted relief from REMIT reporting for tenants in shopping malls. More clients are waiting...

 

Read more...
 
Viability of the EU OTC commodity forward markets hinged on one word in the recital of the European Commission Regulation
Tuesday, 30 August 2016 06:30

 

Physical forwards can still be used under MiFID II by commodity producers in bilateral contracts. Most of them will not be captured by the financial instruments' strict legal requirements. 

 

Read more...
 

Systematic internaliser can stream prices to clients

 

Imbalance settlement period

 

voll

 

 

 


  

 

 

 

graph1

 

 
Committee no longer responsible for the investment decision
Monday, 31 October 2016 06:41

 

MiFID II reporting rules force the functions of risk committees to be reconsidered.

 

Read more...
 
Dark pools, crossing networks, voice brokerage systems - are their secret algorithms at risk of being compromised?
Monday, 12 September 2016 06:37

 

Under MiFID II secondary legislation the nature of any algorithm or program used to determine the matching and execution of trading interests is going to be routinely revealed to competent authorities.

 

Read more...
 
Commission Delegated Regulation of 18 May 2016 - relaxed legal corset on energy traders
Monday, 22 August 2016 06:30

 

Traders in physically settled energy forwards will not be required to hold a MiFID II licence when trading on OTFs' markets.


According to recent European Commission Delegated Regulation, in order to remain within the scope of this exemption licenses to operate in the energy physical markets or adequate production, storage or consumption facilities will not be necessary.

 

Read more...
 

Our Newsletter

Do you want to receive our legal analyses relating to current issues of regulatory compliance? Subscribe to our newsletter!

Name:

Email:

Search

Copyright © 2009 - 2017 Michal Glowacki. All rights reserved.
The materials contained on this website are for general information purposes only and are subject to the disclaimer