Making laws which apply to half a billion people and need buy-in from 28 countries, plus a European Parliament, means a complex framework so whilst EU rule-making is second nature to those involved in the process such as lawyers and policy wonks, for everyone else it's a bit of a labyrinth. I know: I’ve been in it and explained it to 'lay' audiences - eyes widen, jaws sag, four letter versions of “seriously?” are muttered. On the plus side, all EU legislation is made this way (for the moment) so once you know the process it stands you in good stead. This article whips through what the European Commission, Parliament and Council are and how EU law is made.
What happens when you teach a group of monkeys to trade pebbles for slices of cucumber and then give one monkey a grape instead? And why does it matter? Margaret Atwood – she of The Handmaid’s Tale – directs her remarkable intellect towards understanding debt, piercing what it is and what it means to the very heart in this slim book.
MiFID II multiplies the amount of data that must be collected, reported, published and transferred exponentially. Every time you breathe, you're probably inhaling a few hundred pieces of data floating round in the ether. And this wasn't done lightly: new data firms and identifiers were created, debated and continue to make the news. So if you want a recap on what's an ISIN and an LEI, what does DRSP stand for, and what's the difference between an ARM, APA and a CTP, this covers you.
There are a lot of financial trade associations out there, doing sterling work for their members. Who are they, what's their niche and what do those acronyms stand for? This page pulls the info together for you.
Financial services regulatory consultancy, specialising in MiFID II: resources, training & tips