Review of Investment Firms’ Prudential Framework: EBA Discussion Paper 2024/01
The EBA and ESMA have issued a discussion paper assessing the prudential framework for investment firms, three years after the implementation of the IFR/IFD regime. The paper identifies strengths and […]
Read More
Aligning MiFID II Matched Principal Trading Requirements to the Prudential Regulatory Framework for Investment Firms
By Panayiotis Antoniou, CEO, MAP Risk Management Services Ltd (MAP RMS) MiFID II introduced the definition of ‘matched principal trading’ as transactions where the facilitator never faces market risk, concluding […]
Read More
Market Abuse and CFD Brokers: Are you doing enough?
The new Market Abuse Regulation (MAR) came into effect in July 2016. In its new iteration, MAR has significantly extended its scope and now captures financial instruments traded on all […]
Read More
The European Supervisory Authorities (ESAs) call for improvements in product descriptions on PRIIPs – KIDs
On 10 May 2022 the European Securities and Markets Authority (ESMA) published on its website the Joint ESA Supervisory Statement on expectations regarding the “What is this product?” section of […]
Read More
The EU’s Whistleblowers Directive
The EU considers that unreported breaches to EU laws in one member state, with lax protections for whistleblowers, due to the cross-border nature of such laws can have a detrimental […]
Read More
All you need to know about the new EU Crowdfunding Regulation
On 5 October 2020, the European Parliament adopted the final text for a “Regulation on European Crowdfunding Service Providers (ECSPs) for Business” (Regulation 2020/1503 or the “Regulation”). The Regulation will […]
Read More
AML/CFT: Do you adequately monitor your customers’ transactions?
Over the past few years, transaction monitoring with regard to anti-money laundering (AML) and counter terrorist financing (CFT) has become essential. In October 2019, the three main European Supervisory Authorities […]
Read More