The Monday after the Friday before, and what the UK electorate’s decision for Brexit means is still unclear. If anything, it seems more unclear now than on Friday morning, when the shock of the result made it seem like the exit would be swift. That seems unlikely now. One of the more interesting questions (for […]
Energy Connections
An easing of the financial burden, perhaps
Energy traders, generally, have been arguing their case for why they should not be regulated under the second markets in financial instruments directive (MiFID II) for some time now. What has been given less attention is some of the consequences of other, related legislation. For example, a firm supervised under MiFID II will instantly have […]
Time for a dose of realism in designing financial regulation
It is interesting to think the UK’s Financial Conduct Authority (FCA) planned to start accepting from April applications for licences to operate as an investment firm under a new EU financial regime that was slated to come in in early 2017. Now the start of the second markets in financial instruments directive (MiFID II) has […]
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