STOXX, the operator of Deutsche Boerse Group, has registered with ESMA as a benchmark administrator under the European Union’s Benchmark Regulation (BMR). The regulation was introduced by the EU following the high profile LIBOR manipulation scandals of 2012, and came into force in January 2018. Benchmark rate users have until January 1, 2020 to use non-authorised EU benchmarks or until December 31, 2021 to use third-party (non-EU) benchmarks.
EU Market Abuse Regulation (MAR) came into force in July 2016, rescinding the previous Market Abuse Directive and replacing it with a significantly extended scope of regulatory obligations. Eight years later, and amid constant change in capital markets regulation, technology and culture, financial institutions continue to struggle to stay on the right side of the...
By Suman Rao, UK Managing Director, Avaloq. A year on from the implementation of Consumer Duty, its impact on the UK wealth management industry has been undeniable, causing a positive cultural shift across the industry as firms modify their practices and behaviours to ensure they provide fair value for clients. Navigating the regulation’s requirements has...
The inaugural TradingTech Summit MENA takes place in November and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions in the region.
Welcome to the twelfth edition of A-Team Group’s Regulatory Data Handbook, a unique and useful guide to capital markets regulation, regulatory change and the data and data management requirements of compliance. The handbook covers regulation in Europe, the UK, US and Asia-Pacific. This edition of the handbook includes a detailed review of acts, plans and...