On February 12, the CFTC and the European Commission announced jointly that the two agencies have made significant progress in their collaboration on the regulatory frameworks for CFTC-regulated swap execution facilities (SEFs) and EU-regulated multilateral trading facilities (MTFs). Joint Release.
multilateral trading facilities
FCA Publishes Final Guidance on Oversight of Member Controls by RIEs and MTFs
Following its consultation in April, on August 22, the FCA released its final guidance on the oversight of member controls carried out by recognized investment exchanges (RIEs) and firms operating multilateral trading facilities (MTFs).
The guidance discusses the “risk based” and “proactive” approach the FCA expects RIEs and MTFs to take to ensure ongoing oversight of the systems and controls which their member firms operate to comply with the RIE’s or MTF operator’s rulebook. Guidance.