MiFIR’s trading obligation will move over-the-counter (OTC) trading in liquid derivatives onto organised venues thus increasing market transparency and integrity alike. MiFIR, which implements parts of the MiFID II framework, outlines the process for determining which derivatives should be traded … read more
Responding to this paper ESMA invites comments on all matters in this paper and in particular on the specific questions summarised in Annex 1. Comments are most helpful if they: respond to the question stated; indicate the specific question to … read more
Chinese scientists announced Monday they had realized the real-time transmission of deep-sea data for more than 190 straight days, a world record. During an expedition to the west Pacific at the end of last year, researchers with the Institute of Ocea… read more
In my last column, I looked ahead to a very important statement that Education Secretary John Swinney was due to make in Parliament, about reforming the way our schools are governed. I couldn’t give too much away, but I promised … read more
The Council agreed its stance on part of a package of proposals aimed at reducing risk in the banking industry. The Council closed excessive deficit procedures for Croatia and Portugal, confirming their deficits have dropped below the EU’s 3% of … read more