ESMA
Investment | 13 Feb 17
Better Finance group names and shames ‘closet trackers’
Campaign group Better Finance has published the names of asset managers running so-called closet trackers: funds that closely hug an index. Some large asset managers are particularly well-represented on the list.
EU regulators under fire as email of ex-UK rep revealed
The widespread distribution models in many European countries are not understood properly by the European Securities & Markets Authority (Esma), making parts of its new product governance rules “unworkable” for financial advisers, according to Fecif’s secretary general Paul Stanfield.
Best Practice | 21 Nov 16
Mifid II time consuming and complex, say asset managers
Mifid II is a big concern for around three-quarters of global asset managers, who think regulators need to provide better guidance and tools to navigate the increasingly complex landscape, according to State Street Corporation.
ESMA sees risks building up for EU securities markets
The European Securities and Markets Authority (ESMA) considers market and credit risk in Europe’s equity and bond markets to be ‘very high’, it said in its latest risk outlook. It noted Brexit may increase risks further along the line.
Best Practice | 20 Jul 16
UK trade body creates ‘toolkit’ on how to comply with Mifid II
The UK’s Chartered Institute for Securities & Investments (Cisi) has published a guide to help firms meet the new European Securities and Markets Authority (Esma) regulations.