The European Commission (EC) is reportedly considering a move to bring foreign exchange spot trading in scope of the Market Abuse Regulation (MAR). As part of a regulatory review, the EC has asked ESMA to consult with the industry on whether FX spot transactions should fall under the three-year old market abuse rules. The consultation, which includes other proposed changes to MAR, will run until November 29, 2019, with a final report presented to the EC in early 2020.
Subscribe to our newsletter
