EU plans tougher trad­ing rules for banks, bro­kers

The Pak Banker - - Front Page -

LONDON: Share trad­ing in­side banks must be reg­u­lated di­rectly and all de­riv­a­tives el­i­gi­ble for clear­ing should be traded on an elec­tronic plat­form, draft Euro­pean Union plans showed on Thurs­day.

The Euro­pean Union's ex­ec­u­tive Euro­pean Com­mis­sion is due next week to pub­lish its plans for sweep­ing re­forms of the bloc's mar­kets in fi­nan­cial in­stru­ments di­rec­tive (Mi­FID) which forms a cor­ner­stone of the sin­gle cap­i­tal mar­ket. -PB News

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.