Markets, Regulators Not Yet United on Mifid II

Just over a week into Europe’s new financial regulatory regime, Joanne Faulkner assess the key challenges that still lie ahead as market participants and regulators alike grapple with the data and reporting requirements of Mifid II.

Under Mifid II, the scope of these reports has expanded from 24 fields under the original rulebook to 65 fields today. These reports are sent to each European country’s local regulator—known as National Competent Authorities—either directly or through an Approved Reporting Mechanism (ARM). To be able to consume this data—as well as to perform spot-checks on its accuracy—the local regulators have been tasked with building out their own IT systems. But the mammoth scale of this task has prompted s

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: