Daily News Headlines

  • Daily News Headlines – 7 Aug 2020

    ESMA Agrees Position Limits Under MIFID II

    ESMA, 6 Aug 2020

    The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published twelve opinions on position limits regarding commodity derivatives under the Markets in Financial Instruments Directive and Regulation (MiFID II/MIFIR).

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    FCA highlights concerns when credit firms allow repeat borrowing

    FCA, 6 Aug 2020

    The review, which was completed prior to the coronavirus pandemic, highlights concerns about poor practices by some firms and notes that nearly half of consumers regretted borrowing more money. As firms in this sector begin to lend again, the report sets out the FCA’s expectations on how they must treat consumers.

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