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Wide-ranging Market Integration Package would change a dozen financial regulations
Broad political support for EU giving Esma more powers means NCAs must adapt
◆ Private credit and equity to come under oversight for first time... ◆ ... as Bank of England eases burden on banks... ◆ ... amid global shift to lighten up on lenders, with ECB expected next
Scope of UK regulation set to be more restricted than EU equivalent
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Improvement for smaller European banks can help market mature, though US regulations are at early stage
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Market was hopeful of some relief but SEC ruling on private fund advisers goes even further
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Report by ECB says significant risk transfer volume rose above €170bn in 2022
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◆ Investors in CLO equity getting fed up ◆ A&E silence may not mean yes much longer ◆ 707 pages of regulation
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As SRT faces being hit by new rules, market participants say the FCA is casting its net too wide
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SEC accepts SFA’s argument that issuers do not use information systems, but servicers will have to comply