As we approach the home stretch of the ‘Juncker’ mandate, the European Commission last week seized what was widely seen as one of its final opportunities to put forward new legislative proposals in sufficient time for them to be signed off before elections in 2019. The EU’s executive may have realised just in time that the pace of…

February brought ‘good news’ to the financial industry, with the Commission ultimately tabling a proposal that will delay its flagship piece of financial regulation, the second Markets in Financial Instruments Directive (MiFID II) and its accompanying Regulation (MiFIR), originally set to apply from 3 January 2017, into 2018. The warning signs have been apparent for some…