Asset managers face new regulatory and supervisory pressures, which may fundamentally affect their business models.
Possibly facilitated by the perspective of Brexit, the European Commission has proposed, for the first time, a truly proportional regime in its new prudential framework for inves
All investment firms are currently subject to the prudential requirements primarily designed for banks .
Growing demand in recent years for low-cost, easily tradeable, liquid and transparent investment products, resulted in the global expansion of the Exchange-Traded Fund (ETF) indu
The UK’s withdrawal from the EU is likely to have significant market, political, and policy consequences for the UK financial system, for the single market and the euro area, and
Short-termism in financial markets has been a topic of discussion in academic and policy circles alike, particularly in the wake of the financial crisis.
Background
Spotify’s listing, with an estimated market valuation of about $29 billion (€23.6 billion), is one of the largest market listings to have been launched this year.
The fight over City business has reached dramatic proportions in a very arcane domain, derivatives clearing.
The use of financial instruments within the EU budget is becoming more and more common.
The CMU Action Plan has identified the right areas for further harmonisation at EU level but also much needed work by member states and their NCAs.
Over-the-counter (OTC) derivatives markets, in particular interest rate derivatives (IRD), have grown significantly in recent decades and now constitute a systemically important