We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

The Financial Conduct Authority (“FCA”) published a consultation paper (“CP 25/19”) on 3 July 2025 on proposed changes to the ancillary activities exemption (“AAE”). The AAE enables commercial users ...

MiFID II amendments mirror some of the changes brought into force in the EU yesterday through the Quick Fix Directive, including the removal of best execution reports. The UK’s Financial Conduct ...

UK markets watchdog the Financial Conduct Authority has called on the industry to help regulators get MiFID II's technical standards "right first time" once the directive's text is finalised. UK ...

“The deadline for Mifid II was already extended once, so we do not plan further extension of the deadline,” Dombrovskis confirmed in response to industry calls to postpone the implementation of the ...

The UK’s Financial Conduct Authority (FCA) is hoping to publish the long-awaited conclusions of its review into the implementation of the EU’s Markets in Financial Instruments Directive (Mifid II) ...

The second Markets in Financial Instruments Directive (MiFID II) and the Packaged Retail and Insurance-based Investment Products (PRIIPs) “brought enormous change to how firms operate and the ...

The UK Financial Conduct Authority (FCA) announced on July 9 that, while changes to the scope of the UK commodity position limits regime are being consulted on, it will not take enforcement action ...

A key principle of the MiFID II unbundling reforms is to ensure that portfolio managers act as good agents in the best interests of their clients and that their investment decisions are not unduly ...

During a hosted roundtable in May, FCA officials sought to reassure market participants that dialogue would continue on the issues. The European Commission has said MiFID 2 will tackle the rising ...

As of January 3rd, the EU’s Markets in Financial Instruments Directive II (MiFID II) has been live for a year. However, firms – and the Financial Conduct Authority (FCA) – are continuing to encounter ...

The UK’s Financial Conduct Authority (FCA) has launched a review into the application of Mifid II regulations and the unbundling of research costs. It plans to write to asset managers, investment ...