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EU: MiFIR Amendments prohibiting Payment for Order Flow (PFOF) will enter into force on 28 March 2024

On 8 March 2024, the final consolidated revised Markets in Financial Instruments Regulation (MiFIR) ((EU) 2024/791) and Markets in Financial Instruments Directive (MiFID II) (Directive (EU) ...

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Financial Institutions Horizons 2024

If you had told me that we would leave 2023 having lost one of Switzerland’s largest banks, and yet also emerge relatively unscathed (at least by 2008 standards), I would have found...

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A new “world first” gold standard for EU green bonds

As part of the European Commission’s strategy for financing the transition to a sustainable economy, the EU has been debating for some time how best to put in place a regulatory...

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ESMA statement on sustainability disclosure in prospectuses: some practical considerations

ESMA has issued a statement on sustainability disclosure in prospectuses issued under the EU Prospectus Regulation. Although the statement is directed to EU National Competent Authorities,...

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European Green Bonds: what you need to know

Following the political agreement reached on the Regulation on European Green Bonds (the so-called EU Green Bond Standard) and optional disclosures for bonds marketed as environmentally...

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