Are European exchanges allowed to rival size of US markets?
The European Commission (EC) has opened an in-depth investigation into the proposed acquisition of Refinitiv by the London Stock Exchange Group (LSEG) under the...
FCA tells asset managers to focus on liquidity risk after finding some firms lacking
The UK’s Financial Conduct Authority (FCA) has told asset managers to increase their focus on liquidity risk, stating gaps in liquidity management could lead...
Dark trading limits to apply from March after reporting failures
*Update* The European Securities and Markets Authority (ESMA) will only apply the double volume cap (DVC) mechanism for trading European equities from March 2018,...
FIX issues guide for MiFID II reporting of bond trades
By Flora McFarlane.
FIX Trading Community, which sets the messaging standard for trading messages sent between buy-side and sell-side firms, has published the final Recommended...
People’s Bank of China releases green bond certification guidelines
By Flora McFarlane.
The People’s Bank of China (PBoC) and China Securities Regulatory Commission (CSRC) has released guidance on the development of the green bond...
Declaration of dependence
US president to oversee financial institution regulation amid deregulation drive.
Executive orders signed by US president, Donald Trump, have given him oversight of all US...
BoE sets code of conduct for repo and securities lending
A new voluntary Money Markets Code setting out the standards and best practice expected from participants in the deposit, repo and securities lending markets...
SEC forms Fixed Income Market Structure Advisory Committee
By Flora McFarlane.
The Securities and Exchange Commission (SEC) has announced the formation and first members of its Fixed Income Market Structure Advisory Committee.
The committee,...
People’s Bank of China sets out northbound rules for Swap Connect
The People's Bank of China has issued interim measures to standardise the interest rate swap market between the mainland and Hong Kong, protecting investor...
SEC pushes for transparency of municipal bond issuers
By Pia Hecher.
US market regulator the Securities and Exchange Commission (SEC) amended its Securities Exchange Act on 20 August 2018, to enhance disclosure of...
