Experts say regulators likely to accept a ‘best efforts’ approach for at least several weeks after MiFID II official implementation deadline.
Chief executive says some systemically important CCPs could be forced to move to Europe, fragmenting liquidity and raising costs.
ESMA executive director Verena Ross says more than 200 non-EU trading venues have asked for exemptions from MiFID II post-trade transparency, position limits.
Distributed ledger trial will form basis of technology architecture, software functions and development standards to underpin markets.
Asia Pacific Group says authorities have not yet grasped cross-border AML risks, but praises use of intelligence to produce suspicious transaction reports.
Report suggests private sector debt has risen in 12 of 14 Asian countries; FSB addressing risks from housing market, rising household debt in Asia.
Haruhiko Kuroda says firms in Asia need to diversify their sources of funding to protect against market shocks as ASEAN initiatives increase.
The wave of financial regulation about to wash over Europe and North America could eventually overwhelm Asian institutions.
New technology to include integrated surveillance including early-warning system, data analysis and online regulatory reporting for financial institutions.