2020 does not have to be harder than it already is. With all the reading that needs to be done to keep up with Coronavirus, US Presidential Elections and Brexit, dealing with regulatory updates too can feel a little unbearable. Here is an outline of the major regulatory updates in Europe about EMIR and MiFIR transaction reporting.
FCA Continues Its Focus on Transaction Reporting
An emerging trend of regulatory focus in the United Kingdom is EMIR and MiFIR transaction reporting, illustrated by the prominent attention given to it in the FCA’s regular Market Watch publication. Since April 2019, transaction reporting has featured three times in the corporate regulator’s newsletter.
This article gives you an overview of common reporting errors, Brexit scenario, how CySEC echoes FCA’s commentary, and ESMA’s important updates on EMIR/MIFIR.