Market data
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Macquarie Securities fined $24m for inaccurate reporting of short sales
Australian court found weaknesses in the firm’s systems, and procedures and controls remained undetected for more than a decade despite internal reviews.
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How Luxembourg tamed the ‘monster’ of a unified EU market
Backed by other small states, the duchy has thwarted the push for centralised supervision.
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ESMA consults on pre-trade and post-trade data transparency
The proposal includes a new RTS that converts current guidelines on the cost of market data into legal obligations.
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MiFID 3 and MiFIR 2 enhance transparency on markets in financial instruments
Consolidated publication systems and pre-trade transparency obligations among measures to be introduced.
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UK Consolidated Tape consultation under way
The FCA proposal is limited in scope, focusing on a possible regulatory framework for a UK Consolidated Tape (CT) for bonds only.
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ESMA prioritises ESG disclosures to boost sustainable finance
The finance regulator is strengthening its supervisory work for the ESG market.