Day: December 16, 2024

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, published today the Final Report covering mandates under the MiFIR Review on bond trade transparency and reasonable commercial basis (RCB). The report includes the amendments to regulatory technical standards (RTS) on the mandates for bonds, structured finance products (SFPs) and emission …

ESMA publishes its Final Report on bond transparency and reasonable commercial basis under MiFIR Review Read More »

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, published today new and revised technical standards for Consolidated Tape Providers (CTPs) and other Data Reporting Services Providers (DRSPs). The technical standards outlined in the Final Report cover the new rules applicable to CTPs regarding data quality and reporting, revenue redistribution …

ESMA delivers technical standards on CTPs and other DRSPs Read More »

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, published today the Final Report with proposals for amendments related to equity transparency under the Markets in Financial Instruments Directive (MiFID II). Through its proposals ESMA aims to contribute to a more informative pre-trade and post-trade transparency regime. The report includes …

ESMA delivers final report on equity transparency under MiFID II Read More »

The FCA has decided to ban Mr Richard Fenech and Ms Heather Dunne from working in financial services and fine them £270,646 and £399,817 respectively. The FCA found that the pair operated a flawed advice model that put customers’ guaranteed pension benefits at significant risk, and that Ms Dunne failed to act with due skill, …

FCA publishes decisions against director and financial adviser for pension transfer advice failings Read More »

Clear crypto regulation will improve the integrity of the UK’s crypto markets, help protect people and support the UK’s growth and competitiveness. Admissions and disclosures and market abuse regimes are crucial to improving the integrity and cleanliness of our crypto markets, as well as helping people make informed financial decisions. Our Discussion Paper DP24/4 (Admissions …

FCA seeks feedback on plans to improve the transparency of the UK’s crypto markets Read More »

HSBC Bank Australia Limited (HSBC Australia) failed to adequately protect customers scammed out of millions of dollars, according to documents filed by ASIC in the Federal Court today. ASIC alleges HSBC Australia failed to have adequate controls in place to prevent and detect unauthorised payments and failed to comply with its obligations to investigate customer …

ASIC sues HSBC Australia alleging failures to adequately protect customers from scams Read More »