On 2007-05-21 FSA (FR) announced by a press release their completed transposition of MiFID into national law and regulations by the FSA (FR), apart from minor changes in two specific banking regulations: one about safeguarding clients’ assets and the other on compliance and outsourcing; these new texts are expected soon).
Archive for the 'Other countries' Category
France has transposed MiFID by legislation and FSA (FR) regulations
Published by May 29th, 2007 in www.nordicsecurities.org, Other countries and France (FR). 0 CommentsJoint industry response on CESR’s consultation on Transaction Reporting
Published by March 23rd, 2007 in www.nordicsecurities.org, Sweden, Denmark, Norway, Finland, Iceland, Other countries, DSDA (DK), SSDA (SE), FASD (FI), BSDA (IS), United Kingdom (UK), NSDA (NO), Nordic Countries in common, EU, LIBA, Germany, BDB and CESR. 0 CommentsA joint industry response was submitted on 2007-03-02 to CESR’s proposal on Transaction Reporting. CESR’s consultation paper is found on www.cesr.eu under consultations.
Timetable for MiFID transposition into law in France, Germany, Italy, Sweden and the UK
Published by February 8th, 2007 in www.nordicsecurities.org, Sweden, Other countries, United Kingdom (UK), France (FR) and Germany. 0 CommentsTrade Associations in France, Germany, Italy, Sweden and the UK has collated a possible timetable for MiFID transposition into national legislation in their countries.
The Ministry of Finance (DE) has published draft legislation on MiFID
Published by February 7th, 2007 in www.nordicsecurities.org, Other countries, Germany and Finance Ministry (DE). 0 CommentsThe Ministry of Finance (DE) (Bundesfinanzministerium) has published a draft legislation on MiFID.
Ministry of Finance (FR) publishes feed back on consultation on MiFID law proposal
Published by January 25th, 2007 in www.nordicsecurities.org, Other countries and France (FR). 1 Comment2007-01-25 The French Ministry of Economy, Finance and Industry (Ministère de l’économie, des finances et de l’industrie) has published on its website the results of its November 2006 public consultation on draft provisions for implementing the Markets in Financial Instruments Directive (MiFID) Level 1 measures into French law. The public is invited to make comments on other […]
FSA (FR) publishes consultation paper on new regulation according to MiFID
Published by January 18th, 2007 in www.nordicsecurities.org, Other countries and France (FR). 0 Comments2007-01-18 AMF, the French FSA, has published today a document for consultation with the proposed changes in the chapter of the AMF General Regulation related to investment firms. The response deadline is 2007-03-01. The document in French comprises 474 pages and exhibits the present regulation, the MiFID provisions and the proposed amendments with comments.
MiFID transposition and application - State of Play in the Member States
Published by November 21st, 2006 in www.nordicsecurities.org, Sweden, Denmark, Finland, Finance Ministry (DK), Finance Ministry (FI), Finance Ministry (SE), United Kingdom (UK), France (FR), EU, Germany, Finance Ministry (DE) and EC. 0 CommentsEC has made a survey of the State of Play on transposing MiFID into national legislation, Report. It seems as if only 9 out of 27 member states that responded to the Questionnaire expect to meet the transposition deadline of 31st January 2007.
EC say they will be rigorous in exercising its enforcement functions under the Treaty on delayed member […]
Ministry of Finance (FR) publishes MiFID law proposal for consultation
Published by November 2nd, 2006 in www.nordicsecurities.org, Other countries and France (FR). 0 CommentsThe French Ministry of Finance published on 2006-11-02 a law proposal mainly transposing MiFID Level 1 measures into French law (Code Monetaire et Financier). The proposed changes are presented in three documents for consultation:
1 – Authorisation
2 - COB rules, client classification, information to clients, best execution, conflicts of interest, etc;
3 – Investment advice and tied […]
German Ministry of Finance publishes draft bill on MiFID transposition
Published by October 19th, 2006 in www.nordicsecurities.org, Other countries, Germany, BDB, Finance Ministry (DE) and bwf. 0 CommentsThe German Ministry of Finance (Bundesministerium der Finanzen) published on 2006-09-14 a draft bill on the transposition and implementation of MiFID, 2006-09-14-entwurf-frug.pdf with considerations and justifications, 2006-09-14-entwurf-begrundg-frug.pdf
The German trade associations representing the banking industry jointly responded on 2006-10-11 through Centraler Kreditausschuss, see zka-2006-10-11-stn-refe.pdf.
The German Federal Association of Securities Trading Firms at the German Stock Markets, Bundesverband der Wertpapierfirmen […]
FSA (UK) Informal discussion paper Implementing Client Classification requirements
Published by October 10th, 2006 in www.nordicsecurities.org, Other countries, United Kingdom (UK) and FSA (UK). 0 CommentsFSA (UK) published in August 2006 an Informal discussion paper Implementing Client Classification requirements
FSA (UK) CP 06/14 Implementing MiFID for Firms and Markets
Published by October 10th, 2006 in www.nordicsecurities.org, Other countries, United Kingdom (UK) and FSA (UK). 0 CommentsFSA (UK) published in July 2006 a consultation paper CP 06/14 Implementing MiFID for Firms and Markets covering MiFID issues such as: Part I: Authorisation, Passporting and Enforcement, Part II: Client assets and prudential issues, Part III: Markets (RM,MTF and OTC). Responses are due 2006-10-31. LIBA and other trade associations in the UK are currently […]
French guidance on Best Execution issued by the regulator AMF
Published by October 10th, 2006 in www.nordicsecurities.org, Other countries, United Kingdom (UK), France (FR) and LIBA. 0 CommentsAMF (Autourité des Marchés Financiers), the French regulator, issued 2006-08-04 for consultation until end of October 2006 a proposal for a Guidance (English version) on Best Execution for response by end October 2006.
AFEI (Association Francaise des Enterprises d’Investissement) has responded to AMF: AFEI response to AMF on Best Execution
Response to AMF by ICMA (International Capital Market Association), ISDA (International Swaps and […]
