United Kingdom (and EU regulation)

ESRB Recommendation on EU macro-prudential policy framework published in OJ alongside MiFID II Delegated Regulations

On 20 March 2019, there was published in the Official Journal of the EU (OJ):

Recommendation of the European Systemic Risk Board of 15 January 2019 amending Recommendation ESRB/2015/2 on the assessment of cross-border effects of and voluntary reciprocity for macro-prudential policy measures. This Recommendation amends Recommendation ESRB/2015/2 by recommending that relevant authorities reciprocate certain specified macro-prudential policy measures that have been adopted by the relevant authorities in Belgium, Estonia, Finland, France and Sweden;
Commission Delegated Regulation (EU) 2019/443 of 13 February 2019 amending Delegated Regulation (EU) 2017/588 as regards the possibility to adjust the average daily number of transactions for a share where the trading venue with the highest turnover of that share is located outside the EU; and
Commission Delegated Regulation (EU) 2019/442 of 12 December 2018 amending and correcting Delegated Regulation (EU) 2017/587 to specify the requirement for prices to reflect prevailing market conditions and to update and correct certain provisions.

Both of the Delegated Regulations will enter into force on 9 April 2019 (that is, 20 days after their publication in the OJ).