ESMA
Industry welcomes ‘crucial’ European Capital Markets Union
European financial trade bodies have unanimously welcomed in the European Commission’s green paper on creating a Capital Markets Union, describing it as an opportunity to support the industry’s “sustainable economic growth and long-term financing”.
MiFID II delay raises industry compliance worries
The deadline for submitting the final draft technical standards for MiFID II has been pushed back to September, raising concerns over the time companies will have to adapt to the industry-wide regulation.
ESMA consults on MiFID II
The European Securities and Markets Authority (ESMA) has begun consulting the financial industry on its proposal that adviser standards should be set by individual national authorities under MiFID II.
Alternatives | 9 Jan 15
AIFMD expansion consultation closed by ESMA
A consultation on whether to extend the Alternative Investment Fund Managers Directive (AIFMD) beyond Europe has closed, and will now be used to determine the European Commissions legislative stance on the matter.
ESMA aims for improved investor protection
ESMA has introduced a wave of additional investor protection measures in its final technical advice on the implementation of the Markets in Financial Instruments Directive II (MiFID II).