On Wednesday 13 December, the European Commission adopted three equivalence decisions recognising several regulated share trading platforms in the United States, Australia and Hong Kong as equivalent to those of the EU.
The new MiFID II framework regulating the financial instruments markets, to apply from 3 January 2018, brings in a requirement to trade on a regulated platform, in the EU or a third country, the legislation of which has been recognised as equivalent to that of the EU, for...