David Biggin

UK consults over its regulatory regime as Brexit looms

The UK Treasury is consulting over certain aspects of the UK’s financial regime ahead of Brexit

ESMA consults on consolidated tape

The European Securities and Markets Authority (ESMA) is consulting on the consolidated tape concerning prices for pre- and post-trade equities data. 

BaFin prepares for 'no deal' Brexit

Germany’s federal financial supervisory authority, BaFin, has implemented more than 50 laws in the event the UK leaves the EU on October 31 without a withdrawal agreement. 

French regulators clarify mandate for climate and sustainable finance committee

The climate and sustainable finance committee set up by France’s financial regulators will act to facilitate the mobilisation of capital to foster a sustainable economy. 

AMF to study impact of MiFID II rules on investment research

The Autorité des Marchés Financiers (AMF) is looking at how the markets in financial instruments directive (MiFID) II has influenced the market for investment research and in particular the impact it has had on analyst coverage of smaller listed companies.

Bitcoin and cards

FCA attempts delicate balancing act for crypto-asset regulation

The UK authorities are looking to bring more clarity and better definitions around crypto-assets in a bid to spur innovation whilst also protecting consumers

FINMA awards licences to two blockchain firms

Two blockchain firms, SEBA Crypto and Sygnum, have been granted banking and securities dealers licences by Switzerland’s Financial Market Supervisory Authority (FINMA).

Danish regulator warns that negative interest rates will transform banks

Banks in Europe may have to seriously reconsider their business models or contract in the face of persistently negative interest rates, a move that could threaten financial stability, a leading Danish regulator warned. 

European banks to rely more on markets for funding says EBA

European banks plan to increase debt issuance over the next three years, particularly via unsecured debt instruments, the European Banking Authority (EBA) said in a statement.

Eurozone banks get more time to tackle NPLs

Eurozone banks will get another three years to accumulate cash to deal with unsecured non-performing loans, nine years if backed by real estate and seven years for loans supported by other types of collateral, the European Central Bank (ECB) said.