This month's roundup of developments affecting banks, wealth managers, brokers and funds sees the financial service sector publish an article on "Brexit effects: too early to speculate", ESMA publish responses to call for evidence on asset segregation, a discussion paper on MiFID II derivatives trading obligation from ESMA and a £34m customer redress scheme agreed with a payday lender.

Read the issue in full

General Developments

• ESMA consultation paper on RTS specifying the scope of consolidated tape for non-equity financial instruments
• ESMA methodological framework - model written arrangements for benchmark colleges
• Compromise proposal on Regulation amending EuVECA and EuSEF published
• BoE speech - Rebuilding Trust through the FX global code
• FSB Implementation of G20/FSB financial reforms in other non-priority areas – Summary of key findings
• Speech on combating financial crime from FCA
• EC's overview of its level 2 measures in financial services
• Wealth managers set for seven month winning run
• FCA publishes new form for notifying transaction reporting errors
• Dark pool reference prices: occasional paper from the FCA
• Financial service sector Brexit effects: too early to speculate
• AIMA survey shows change in business models
• EACB responds to ESMA consultation on Distributed Ledger Technology applied to securities markets
• European Parliament motion for a resolution objecting to Delegated Regulation on RTS on key information documents for PRIIPs
• ESRB responds to ESMA consultation
• ESMA discussion paper responses on distributed ledger technology applied to securities markets

EMIR & Derivatives

• ESAs' opinion rejects proposed amendment to draft RTS on non-centrally cleared OTC derivatives

Funds

• ESMA publishes responses to call for evidence on asset segregation
• House of Commons European Scrutiny Committee considers proposal to amend EuVECA Regulation and EuSEF Regulation
• ECB opinion on a proposed Regulation amending EuVECA and EuSEF Regulations
• CLLS publishes response to FCA's consultation on proposals for additional reporting requirements for AIFMs

Investments & Investment Services

• ESMA Q&As on MiFID II and MiFIR transparency topics published
• ESMA consultation: draft RTS under SFT Regulation and related amendments
• Deadline extended on cross-border distribution of investment funds consultation
• Discussion paper on MiFID II derivatives trading obligation from ESMA
• FCA's market data reporting under MiFID II

Market Conduct

• Final guidelines on inside information and commodity derivatives under MAR
• ESMA consultation - Trading obligation for derivatives
• £34m customer redress scheme agreed with payday lender
• Corrigendum to Market Abuse Regulation published by the Council of the EU