On 8 January 2021, ESMA published first post-Brexit transparency calculations. ESMA issued first financial instruments transparency system (FITRS) file since Brexit. Follows ESMA January 2021 issued FIRDS files after end of transition period. FITRS Equity transparency calculation results delta file (DLTECR) has updated transparency calculation results for equity instruments with a UK venue as most…
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E.U. – ESMA MiFID Compliance Function
On 17 June 2020, EU ESMA issued revised guideline with reference ESMA35-36-1946.
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E.U. – ESMA MIFID II Investor Protection FAQ
On 18 February 2020, EU ESMA updated FAQs re MIFID II investor protection. ESMA updated FAQs document regarding investor protection under MIFID II rules. Follows December 2019, updated FAQs on investor protection in MiFID II. Overview New FAQs provide clarification on sales of subordinated eligible liabilities, assessment of suitability, if art 44a BRRD 2 should…
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E.U. – ESMA Position Limits Under MIFID II
On 7 February 2020, ESMA issued opinions on position limits under MIFID II. 7 opinions on position limits re commodity derivatives under MIFID II/MIFIR issued. Follows ESMA January 2019 issued commodity position limits under MiFID. Overview Opinions agree with proposed position limits re ICE Endex Dutch TTF Gas contracts, EEX Phelix DE Base Power contracts,…
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India – SEBI Foreign Portfolio Investors
On 4 February 2020, IND SEBI updated on common application form for FPIs. Issued circular on common application form (CAF) for foreign portfolio investors (PFIs) 27 January 2020, IND GVT notified common application form (CAF) for FPI registration. And for allotment of permanent account number (PAN) and KYC for opening account. Applicants seeking FPI registration…
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