Follow Us

Follow us on Twitter  Follow us on LinkedIn
 

25 November 2016

イングランド銀行、MiFID II(第2次金融商品市場指令)の国内法化に係る市中協議文書(第二弾)を公表


Default: Change to:


This consultation includes proposals to enhance governance through MiFID II management body requirements and key organisational requirements which will apply to MiFID and non-MiFID business.


In the interests of a coherent approach to corporate governance these MiFID II requirements are aligned, as far as possible, to requirements under CRD IV. As there is also a directly applicable EU regulation which prescribes more detailed requirements in those areas for MiFID business and firms in scope, those specific matters will no longer be subject to PRA rules. The PRA sets out its proposed approach to how those management body and organisational requirements will apply to non-MiFID business. 

The PRA also sets out proposals for granting authorisations in respect of a new MiFID investment activity, ‘operation of an organised trading facility (OTF)’, a new MiFID financial instrument ‘emission allowances’ and structured deposits. The power for the PRA to accept applications from firms for these permissions in advance of 3 January 2018 may be granted by HM Treasury (HMT) in a statutory instrument. If the PRA is granted this power, the PRA proposes that firms would be able to apply for permissions in advance of 3 January 2018.

The PRA also sets out proposals for consequential amendments under the General Provisions Part and the Glossary.

Responses and next steps

This consultation closes on Monday 27 February 2017.

Full consultation paper

 



© Bank of England


< Next Previous >
Key
 Hover over the blue highlighted text to view the acronym meaning
Hover over these icons for more information



Add new comment