Consultation · HM Treasury
UK Wholesale Markets Review: a consultation
Closed 24 Sept 2021
Read the official text on GOV.UK(opens in a new tab)AI-generated Summary
HM Treasury's post-Brexit review of the UK wholesale capital markets regime (UK MiFID/MiFIR): proposals to clarify the regulatory perimeter, remove restrictions on accessing liquidity (such as the trading obligations), recalibrate fixed income and derivatives transparency, reform the commodities regime and amend the market data regime. Ran 2 July to 24 September 2021; the government's response (78 responses) confirmed it is taking the reforms forward.
Details
| Issuer | HM Treasury |
|---|---|
| Published | 1 Jul 2021 |
| Closing date | 24 Sept 2021 |
| Opened | 2 Jul 2021 |
Provisions it relates to
- Article 8 MiFIR · Pre-trade transparency requirements for trading venues in respect of bonds, structured finance products and emission allowancesInferred · 75%
- Article 23 MiFIR · Trading obligation for investment firmsInferred · 70%
- Article 57 MiFID II · Position limits in commodity derivatives and position management controls in commodity derivatives and derivatives of emission allowancesInferred · 75%
- MiFID II (whole act)Inferred · 75%
- MiFIR (whole act)Inferred · 75%