Legal & Regulation | Institutional Asset Manager

UK financial services sector risks EUR5m MiFID II fines through lack of awareness, says NPL

Fri, 20/10/2017 - 08:01

New research from NPL, the UK’s National Measurement Institute, has shown a lack of awareness in the UK financial services sector around the new European Markets in Financial Instruments Directive (MiFID II) ahead of its imminent deadline, and many firms may fall short of compliance by employing inefficient means of timestamping. »

Red Deer integrates with Instinet’s RQ Connect

Thu, 19/10/2017 - 10:31

Red Deer, a financial technology company focused on enhancing the performance of active investment managers, has formed a strategic partnership with Instinet Europe Limited to provide an integrated solution to manage research inducement, consumption, valuation, payment and commission management under the new MiFID II regime. »

FIX Trading Community releases MiFID II best execution reporting recommended practices

Wed, 18/10/2017 - 10:41

FIX Trading Community has published thefinal release of its Recommended Practices for Best Execution Reporting as required by MiFID II RTS 27 & 28. »

Gibraltar government to introduce Distributed Ledger Technology (DLT) Regulatory Framework in January 2018

Mon, 16/10/2017 - 08:57

HM Government of Gibraltar has today published the Financial Services (Distributed Ledger Technology Providers) Regulations 2017 together with a Bill for an Act to amend the Financial Services (Investment and Fiduciary Services) Act. »

Nurturing UCITS’ global appeal, is of paramount importance

Fri, 13/10/2017 - 12:05

EFAMA comments on the European Commission’s legislative proposal to amend the European System of Financial Supervision with a view to reinforcing integrated supervision to strengthening Capital Markets Union and financial integration… »

Thomson Reuters adds MiFID II-focused features to Eikon

Thu, 12/10/2017 - 09:58

Thomson Reuters has added additional research management and search capabilities to its flagship desktop product, Eikon aimed at meeting the challenges of MiFID II requirements, set to be implemented on 3 January, 2018. »

Visible Alpha adds email tracking and budgeting to ONEaccess research valuation solution for MiFID II

Tue, 10/10/2017 - 08:06

Visible Alpha has launched two enhancements to its ONEaccess platform to aid clients in preparing for the compliance obligations associated with MiFID II regulations. »

Charles River integrates Trax MiFID II Trade and Transaction reporting solutions

Thu, 05/10/2017 - 18:19

Charles River Development and Trax, a subsidiary of MarketAxess Holdings, have agreed to integrate Trax’s MiFID II Trade and Transaction reporting solutions into the Charles River Investment Management Solution (Charles River IMS). »

Almost half of UK’s top fund management houses yet to disclose how they will pay for research under MiFID II

Thu, 05/10/2017 - 10:00

Nearly half of the UK’s asset management firms have made no public decision on whether they will charge clients for research under the new rules of the second Markets in Financial Instruments Directive (MiFID II) according to Alpha FMC. »

EC proposals could adversely impact investors, funding and European financial markets, says ALFI

Tue, 03/10/2017 - 08:51

Following the publication of the European Commission’s proposed amendment to the ESA Regulation to give more supervising authority to ESMA, EBA and EIOPA, the Association of the Luxembourg Fund Industry (ALFI) has expressed its surprise and concern about the new role for ESMA in the authorisation procedure of delegation arrangements. »