Financial Markets & Intermediation Committee
The Financial Markets & Intermediation Committee deals with financial markets regulation in the wider sense, covering the regulatory framework for financial services and products as well as market infrastructure. The Committee serves as a tool for members to exchange best practices in the various areas of concern and advocates for a genuine level-playing field in the area of financial markets regulation, to ensure that underlying regulations do not constitute a source of competitive distortion for members.
Scope
The scope of work of the Committee encompasses regulatory issues relating to all market-based banking activities, including infrastructure and product regulations. This includes work streams on EMIR, PRIIPS, PEPP, MiFID II / MiFIR, as well as prospectusrelated issues, Target2 and Target2 securities, funds regulations, short selling and shadow banking activities.
Additional important topics discussed within the Committee relate to the Capital Markets Union, CSDs, market abuse, short selling as well as posttrade considerations.
Priorities
One of the main priorities of the Committee is to lobby for efficient standards and regulations, which are proportionate and in the investors’ interest. One of the main work projects of the Committee is the ABBL MiFID II Guidelines, which serve as an industryreference document for members when implementing and working with MiFID II.
Related Working Groups
- Advisory & Investment Services (Working group)
- MiFID (Steering Committee)
- Joint Working Group ABBL/LuxCMA on Market Infrastructures
- Capital Markets Funding & Securitisation (Working group)
- Trading (Working group)
- Benchmarks Regulation (Sub-Working Group)
- Market Infrastructures (Working group)
- Securities (Task Force)