New ESMA guidance less strict than the established UK position on PFOF. On 13 July 2021, ESMA published a statement on payment for order flow (PFOF), the practice of brokers receiving payments from third parties for...more
7/16/2021
/ Brokers ,
Conflicts of Interest ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
MiFID II ,
Retail Investors ,
Securities Traders ,
Trading Policies ,
Trading Restrictions ,
UK
ESMA, BaFin, and FCA have provided guidelines on firms’ obligation to record client telephone calls.
Remote working raises uncertainties in various regulated areas as it dramatically changes institutions’ day-to-day...more
The AMF has published a report containing a number of new proposals relating to production of research under MiFID II.
Key Points:
..The report pointedly criticises the original MiFID requirements (most of which were...more
2/19/2020
/ AMF ,
Asset Management ,
Cross-Border Transactions ,
EU ,
European Commission ,
Federal Agency Taskforce ,
Financial Conduct Authority (FCA) ,
France ,
MiFID II ,
Research Reports ,
UK ,
UK Brexit ,
Unbundling