Tag: ECON
EP signals approval of MiFID 2 delay
The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has published two draft reports on the Commission’s proposals to postpone the application date of MiFID II, MiFIR, MAR and the CSDR. Both drafts state that the Parliament intends to adopt the proposals at first reading. The reports are accompanied by an explanatory statement by […]
A glimpse of the 2015 EU benchmark regulation
The European Parliament’s Committee on Economic and Monetary Affairs (ECON) published its draft report on the proposed benchmark regulation, dated 11 December 2014. The report contains 247 amendments to the proposal[1], illustrating the large amount of work that still needs to be done in 2015 before the regulation is adopted. ECON shows progress on the […]
EU Parliament Rejects EMIR Regulatory Technical Standards
The FT reports that the Economic and Monetary Affairs Committee (ECON) of the EU Parliament yesterday voted 24-20 to reject some of the Regulatory Technical Standards (RTS) drafted by the European Securities and Markets Authority (ESMA) under EMIR. Broadly speaking, concerns are thought to relate to two aspects of the RTS: the fact that the […]