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European Parliament’s approval of Mifid/Mifir revisions a starting gun for change

The TRADE

Following last year’s trialogues, amendments were drafted in October and final compromise texts on the revision of Mifid II sent to the chair of the European Parliament Committee on economic and monetary affairs. With today’s approval, it is now time for the European Securities and Markets Authority (ESMA) to define the technical standards.

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UK settlement taskforce to deliver T+1 report in January as timeline debate rumbles on

The TRADE

The initial date of the UK moving to T+1 put forward for discussion was April 2026, but the report is unlikely to specify that as a target due to a lack of consensus on achievability, sources said. He took over from Andrew Griffith who was previously Economic Secretary to the Treasury between 27 October 2022 and 13 November 2023.

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