21 October 2017
visit www.response.ncr.com

European Commission to probe transparency risks in non-cash markets

12 June 2006  |  5200 views  |  0 mifid

The European Commission is to investigate the imposition of MiFID-style transparency rules for fixed income and derivatives markets.

The Commission has issued a call for evidence to interested parties under proposals to investigate whether and to what extent new requirements on pre- and post-trade transparency should be introduced at EU level to the trading in financial instruments such as bonds and other non-equities.

Internal market and services Commissioner Charlie McCreevy says: "I have a completely open mind at this stage. These are massively important markets. I hope there will be a wide response from all parts of the EU."

The Commission intends to prioritise cash bond markets (government, investment grade and high-yield), as well as related derivatives markets and other important markets such as those for asset-backed securities.

Respondents have until September to present their views on the subject. A final report will be published in autumn next year.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Financial firms unprepared for MiFID - study

Financial firms unprepared for MiFID - study

10 April 2006  |  7632 views  |  0 comments
MiFID tech group spins off

MiFID tech group spins off

06 April 2006  |  10454 views  |  0 comments
MiFID swallowing IT budgets

MiFID swallowing IT budgets

07 March 2006  |  12069 views  |  0 comments
MiFID price tag estimated at £1 billion for UK firms

MiFID price tag estimated at £1 billion for UK firms

07 February 2006  |  10151 views  |  0 comments
European Commission tables MiFID proposals

European Commission tables MiFID proposals

06 February 2006  |  9663 views  |  0 comments
FSA warns firms to step up MiFID preparations

FSA warns firms to step up MiFID preparations

21 November 2005  |  8965 views  |  0 comments
UK trade associations establish MiFID implementation programme

UK trade associations establish MiFID implementation programme

16 November 2005  |  8198 views  |  0 comments
Compliance costs mount as US banks slip behind on MiFID timetable

Compliance costs mount as US banks slip behind on MiFID timetable

21 October 2005  |  10499 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.innotribe.com

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
8808 views comments | 22 tweets | 26 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8622 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7703 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7179 views comments | 10 tweets | 22 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
6780 views comments | 14 tweets | 23 linkedin

Featured job

Find your next job