Europe's capital markets are getting a new foundation.

The 28-nation European Union's top markets regulator yesterdaymade public more than 800 pages of proposed rules that covereverything from high-frequency trading curbs to transparencyrequirements for bond markets and position limits for commodityderivatives, with the aim of boosting confidence in the financialsystem.

releaThe publication marks “an important step in the biggestoverhaul of financial markets regulation in the EU for a decade,”Steven Maijoor, chairman of the Paris-based European Securities andMarkets Authority (ESMA), said in an e-mailed statement.

Continue Reading for Free

Register and gain access to:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.