Financial Stability

ESMA defies bond sceptics to impose tougher transparency rules

By Farah Khalique
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The EU’s Markets in Financial Instruments Directive/Regulation (MiFID/MiFIR) has divided opinion. Some celebrate it as a boost for consumer transparency, while others decry it as cumbersome and unnecessary over-regulation. Nevertheless, regulators are pushing ahead with plans to roll out more transparency rules under a phased-in approach. Improved transparency as a ...

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