ESMA
One year Mifid II delay might not be enough, says Esma chief
Delaying the implementation of Mifid II until January 2018 still might not give enough time for the European Securities and Markets Authority (Esma), national regulators, and market participants to make the necessary IT changes, says Esma chair Steven Maijoor.
Alternatives | 26 Nov 15
Compliance issues make non-EU fund managers avoid EU investors
Some non-EU fund managers are forgoing European investors because of the compliance headaches associated with the Alternative Investment Fund Managers Directive (AIFMD), reports Cerulli Associates.
MiFID II delay ‘probably necessary’
An industry frustrated by the lack of clarity over MiFID II’s detailed requirements would welcome a year-long deferral.
Alternatives | 14 Oct 15
ESMA expands list of countries considered for AIFMD passport
The European Securities and Markets Authority is to begin assessing whether Australia, Canada, the Cayman Islands, the Isle of Man, Bermuda and Japan should get access to the marketing ‘passport’ under the Alternative Investment Fund Managers Directive.
ESMA publishes final standards for MiFID II
The European Securities and Markets Authority (ESMA) has released its final technical standards for MiFID II and the Market Abuse Regulation (MAR), which set out how the new legislation will work in practice.