BBA has published a bulletin looking at several developments, including:

  • the leaked MiFID 2 proposals;
  • ESMA’s consultation on micro-structural issues;
  • transaction reporting;
  • developments on EMIR;
  • the UK’s action against the European Central Bank in relation to its location policy; and
  • Alternative Investment Fund Managers Directive (AIFMD) Level 2.

(Source: Capital Markets Bulletin Autumn 2011)