Posted on September 30th, 2008 by admin
Poland faces the threat of backdated fines from the European Commission, for its failure to implement the Markets in Financial Instruments Directive (MiFID). This directive is designed to increase competition and consumer protection in investment services. Already in April 2008, Poland was found guilty by the European Court of Justice of not fulfilling its obligations [...]
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Posted on September 25th, 2008 by admin
The Securities & Investment Institute will hold a seminar on MiFID services.
It will look at the responsibilities that firms have for best execution, and the venues that now have to be considered. The event is scheduled for 29 September from 12pm to 1.30pm at the London Chamber of Commerce and Industry, 33 Queen St, EC4R [...]
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Posted on September 9th, 2008 by admin
New trading venues have been popping up all over Europe since the Markets in Financial Instruments Directive (MiFID) became effective late last year. That proliferation has come hand in hand with an explosion in post-trade data that firms must manage to meet customer requirements and regulatory demands.
Even before the launch of high-profile equities marketplaces [...]
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Posted on September 8th, 2008 by admin
Delta regulated under MiFID.
The win will lead to the creation of 100 new jobs over the next three years.
Delta will also become a provider of Contracts for Difference (CFDs) – financial instruments related to shares.
LOAD-DATE: September 20, 2008
LANGUAGE: ENGLISH
PUBLICATION-TYPE: Newspaper
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Posted on September 3rd, 2008 by admin
Issuer Liability Review
Finance
Alasdair Steele
Corporate Partner Nabarro LLP
© Reed Elsevier (UK) Ltd 2008
Alasdair Steele considers the proposed extension of the statutory regime for issuer liability.
Introduction
As part of the implementation of the EU Transparency Directive (2004/109/EC) the Companies Act 2006 introduced section 90A into the Financial Services and Markets Act 2000 (“FSMA 2000”). This provision introduced a [...]
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Posted on September 1st, 2008 by admin
Investment Disclosure
The FSA has confirmed that it will continue to attempt to simplify how investment advisers can ensure that consumers are provided with clear and simple information concerning costs and services. This follows a policy statement on ‘Simplifying Disclosure: Information about services and costs’ (July 2008) PS08/7 which follows the earlier consultation paper CP08/3. The [...]
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Posted on September 1st, 2008 by admin
IT Law Today
ITLT 16 8 (5)
1 September 2008
Cross-border contracts — Rome I consultation
Susan Singleton
Singletons, www.singlelaw.com
© INFORMA UK LTD 2008
The Government is consulting on whether the UK should accede to a new EU regulation, known as Rome I (Regulation 593/2008). This latest EU proposal, which confusingly follows after Rome II, deals with the issue of choice [...]
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