Sovereign debt heads call for MiFID leniency

Steven Maijoor, ESMA
By Owen Sanderson
06 Aug 2014

Issuer groups and industry bodies have hit back at Europe's latest proposals for MiFID II, with sovereign debt issuers, corporate treasurers and industry lobby groups all pushing for changes to the draft.

The European Securities and Markets Authority (Esma) has just published responses to its implementing measures for the Markets in Financial Instruments Directive (MiFID II) – an 800 page document, where even the reply form was 50 pages long. Market participants had just three months to respond, thanks to ...

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