events | 01 June 2020

Training: The Regulatory Challenges of MiFIR Transaction Reporting

MiFIR Transaction Reporting for European Regulatory Authorities is critical as a measure of European market integrity. A transaction report is a crucial part of any investigation into alleged market abuse. The UK Financial Conduct Authority (FCA) has taken enforcement action against firms for their failure to ensure accurate submission of reportable instruments under the reporting regime. In the UK, the FCA have issued enforcement fines, private warnings, notifications and communications on transaction reporting to the industry.

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