esma

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FCA and ESMA statements on shares trading obligations under a no-deal Brexit (STOs and Article 23 of MiFIR)

In the interests of avoiding uncertainty with market participants, ESMA released a statement on the 19th March regarding the trading obligation for shares (under Article 23 of MiFID) in the event of a no-deal Brexit. Under Article 23 investment firms … More


Blog, News, Press

Apex Group Ltd selects AQMetrics to power its regulatory reporting teams

IRELAND, Dublin, March 19, 2019 – award winning RegTech AQMetrics is pleased to announce that Apex Group Ltd. (“Apex”) has selected AQMetrics as its regulatory reporting technology solution. Apex plans to utilise AQMetrics for its ESMA, CFTC and SEC regulatory … More


Blog

Central Bank of Ireland: Capital Markets Update, March 2019

Central Bank of Ireland Markets Update The Central Bank of Ireland has issued the third markets update of 2019 on 7th March this year. The main points are below: The 32nd edition of the Central Bank AIFMD Q&A has been … More


Blog

ESMA Statement : No Deal Brexit guidelines for MiFID II/MiFIR and BMR Provisions

Yesterday, the European Securities and Markets Authority (ESMA)  issued a statement on its approach to MiFID II/MiFIR and Benchmark (BMR) provisions in the event that the United Kingdom leaves the European Union on the 29th March, with no withdrawal agreement … More


Blog

Liquidity Stress Test Guidance for Investment Funds

New blog from AQMetrics CEO, Geraldine Gibson-Dautun  In February 2019 the European Securities and Markets Authority (ESMA) created a draft guidance regarding liquidity stress tests of investment funds – applicable to alternative investment funds (AIFs) and Undertakings for the Collective … More


Blog

How to prove your UCITS Fund is not Index Hugging

With more than 2,000 Irish investment funds facing into Central Bank of Ireland (CBI) investigations to ensure they are not misleading customers about charges and other issues it’s important to ask how these firms can best provide regulators with the … More


Blog

MiFID II Reporting – a year of light and shade

Claire Savage, Chief Operating Officer, AQMetrics Following years of planning and implementation for MiFIR,  it is time to pause and consider the lessons learned from the compliance process and the ongoing considerations in this evolving regulatory environment. The reality of … More


Best Execution, Blog, MAD II

ESMA Publishes MAD/MAR Q&A

The European Securities and Markets Authority (ESMA) has published a Q&A document regarding the implementation of the Market Abuse Regulation. The purpose of the document is to promote convergent implementation and application of the market abuse regime. The document is aimed … More


Blog, UCITS

ESMA consults on different share classes of UCITS

The European Securities and Markets Authority (ESMA) has published a discussion paper on different share classes of UCITS. The UCITS Directive recognises the possibility for UCITS to offer different share classes to investors but it does not prescribe whether, and … More


Blog, MAD II

ESMA publishes a Discussion Paper on the new Market Abuse Regulation

The European Securities and Markets Authority (“ESMA”) has published a Discussion Paper setting out its initial views on the implementing measures it will have to develop for the new Market Abuse Regulation (“MAR”).  MAR aims to enhance market integrity and … More


AIFMD, Blog

ESMA Issues Q&A on Application of the AIFMD

Today the European Securities and Markets Authority (ESMA) published Question and Answers (Q&As) on the Alternative Investment Fund Managers Directive (AIFMD). The purpose of this document is to promote common supervisory approaches and practices in the application of the AIFMD … More


Blog, MAD II

ESMA begins preparatory work for a new Market Abuse Regulation

This month ESMA published a Discussion Paper setting out its initial views on the implementing measures it will have to develop for the new Market Abuse Regulation (MAR). The aim of this new MAR is to enhance market integrity and investor protection. … More


Blog

ESMA Calls for Delay in ETD Reporting

ESMA has sent the European Commission a proposal to push back the start of exchange traded derivatives (ETD) reporting to 2015. Pushing the deadline back to 2015 instead of the already revised date of January 2014 will allow sufficient time … More


Blog

ESMA Regulation (EU) No 648/2012

In the U.S. the Depository Trust and Clearing Corporation (DTCC), which operates a US swaps trade repository and the Commodity Futures Trading Commission  (CFTC) aren’t agreed that Over The Counter derivatives (OTCs) can be cleared and reported on by different entities. Earlier … More