After months spent coming to terms with and implementing EMIR, senior management and their operations and technology specialists are waking up to the challenges set out in MiFID II/R.
This publication aims to give a 'heads up' on the possible operational issues arising from this new regulation and how to address them. Among the issues covered is the operational impact of:
- Indirect clearing
- Non-discriminatory access to CCPs and trading venues
- Transparency requirements
- Algo flagging and other requirements for HFT
- DMA