Last summer, ESMA published a report on feedback to the 2022 call for evidence on pre-hedging practices, i.e. hedging transactions conducted in an anticipatory manner ahead of potential transactions by a client or counterparty. Following the release of the report,...
Last year, as part of its European Data Strategy and more specifically the Digital Finance Strategy, the European Commission published proposals aimed at allowing customers to share their data on “investments in financial instruments” held by financial...
In the wake of the US industry’s decision to shorten its settlement cycle to one day after the date of the trade (T+1) in April 2024, the UK and EU launched studies to determine whether to follow suit and reduce their own cycles from the current two days to...
L’AMAFI a participé à la création d’un kit pédagogique à destination des enseignants et des prescripteurs d’orientation de l’éducation nationale. Il a pour but de leur permettre de comprendre l&rsqu...
The Union has aimed to develop more integrated and deeper EU capital markets since the launch of the CMU in 2015. AMAFI has supported this initiative from the outset, stressing its importance for the financing of the EU economy. Although some progress has been mad...
Financial Newsletter n°51
MiFID II and PRIIPs: AMAFI at the European Parliament As part of ongoing negotiations on the Retail Investment Strategy (RIS) at the European Parliament's ECON Committee, AMAFI Chairman Stéphane Giordano and several members of the European Action Com...
T+1 The United States and Canada have decided to shorten the securities settlement cycle to one day (T+1). Starting in April 2024, trades will be settled one day after trading instead of the two-day period that is currently the standard internationally, except...
A new model for Euronext markets After acquiring the Italian stock exchange in 2021, Euronext decided to switch its cash and derivatives clearing to the Italian clearing house, previously part of Borsa Italiana. The change has been effective for cash markets si...
MiFIR - Exemption from the trading obligation As part of the review of the Markets in Financial Instruments Regulation (MIFIR), due to come into force at the end of first-quarter 2024, the European Commission would be entitled to grant a trading obligation exem...
