Regulatory arbitrage fears over Mifid post-trade reporting
EU regulators may use different reporting deferral periods for large or illiquid trades
Market participants fear regulatory arbitrage if European jurisdictions introduce different post-trade reporting times, under new rules that are supposed to harmonise transparency requirements across the European Union.
“I understand there is a national regulator looking at just two days because they have a big retail market. Whereas with another, I think there is a mind-set to do four weeks. That is going to put a big regulatory arbitrage there,” says a market structure expert at a global
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