European asset managers with UK branch face MiFID barriers
Potential changes to MiFID II could mean EU asset managers setting up a branch in the UK post-Brexit would face barriers dealing with European clients.
Tag: MiFID II
Varying definitions of safekeeping holding back custody for crypto-assets, finds ESMA
ESMA report highlights lack of harmonised definition of safekeeping and record-keeping of ownership of securities at an EU-level.
Brexit will drive regulatory changes within MiFID II review, says MEP Swinburne
Political factors taking centre stage for future regulatory reviews or introduction of MiFID II according to MEP.
End of the great re-regulation
After a relentless stream of regulations over the past decade, we are entering a quiet period where market players can put their regulatory work to one side and concentrate on other business matters guilt free.
Post-trade costs under the spotlight
Regulations have forced all firms to review their pre-trade and execution costs. This is now evolving to include clearing, settlement and custody costs. How will a new focus on post-trade costs impact outsourcing models?
Asset managers raise concerns about over-reliance on tech vendors post-MiFID II
Panel at InvestOps in London discussed the potential for over-reliance on RegTech firms to comply with MiFID II.
Broadridge makes first move with new FundAssist business by launching MiFID II ex-post reporting solution
Acquisition of FundAssist in May has led to new service set to help investment managers meet reporting obligations for the end of April 2019.
Jostling for prime position
Prime services has become one of the most profitable business lines at many of top bank’s equities divisions, some making larger waves than others. Will this mean a potential revamp of the prime broker hierarchy?
No ‘fundamental changes’ to SFTR from the European Commission
Industry awaits formal approval from European Commission, but Global Custodian understands it will make no 'fundamental changes' to SFTR which now looks to be adopted in at the end of the year or Q1 2019.
Custodians could play a role in MiFID II research provision
HSBC's Karczewski believes custodians could play a part in the front-end decision-making process for clients.