BANKING

ESMA sets out procedure for exemption from MiFIR access provisions for trading venues

ESMA has published a procedure for trading venues applying for exemption from the requirement in the Markets in Financial Instruments Regulation (Regulation 600/2014) (MiFIR) for them to provide central counterparties (CCPs) access to trade feeds.

ESMA, 15 September 2017

 

European Commission speech on financial services initiatives for 2017 and early 2018

The European Commission has published a speech given by Vice President Valdis Dombrovskis, European Commissioner for Financial Stability, Financial Services and Capital Markets Union (CMU) on technological innovation and global regulatory co-ordination.

European Commission, 15 September 2017

 

FCA to publish summary of leaked report into RBS' business customers

The UK Parliament has published a letter from Andrew Bailey, FCA Chief Executive, to Nicky Morgan, House of Commons Treasury Committee Chair, relating to a leaked skilled persons report submitted to the FCA in connection with its independent review of the Royal Bank of Scotland's (RBS) treatment of business customers.

 

INVESTMENTS AND FUNDS

Text of adopted European legislative resolution on Regulation to amend EuVECA Regulation and EuSEF Regulation

The European Parliament has published the text of the legislative resolution on the proposed Regulation amending the European Venture Capital Funds Regulation (Regulation 345/2013) (EuVECA Regulation) and the European Social Entrepreneurship Funds Regulation (Regulation 346/2013) (EuSEF Regulation) that it adopted on 14 September 2017.

European Parliament, 15 September 2017