Covid-19: What the crisis means for Global Regulation

Covid-19 sent shockwaves across financial markets and although capital markets held up, longer term structural changes are inevitable. While improving regulatory collaboration to maintain well-functioning capital markets and the protection of end investors is not new, the growing economic implications from worldwide lockdowns have yet to play out and the need for economies to rapidly adapt to a post-Covid world is pivoting regulatory oversight in a new direction. 
 
From the MiFID II refit post Brexit to the latest virtual roundtable from the SEC on modernising US equity market structure and Asian regulators adapting to local challenges, policy makers across the globe are revisiting what regulation of financial markets should look like, defining policy for years to come.  The attached blog looks at the Top 5 Regulatory Themes we have identified since the crisis which we believe are mostly likely to impact how future financial policy evolves: Rethinking market structure, Liquidity provision, Best Execution, the rise of ESG and Market Data Costs.

Read the report here.

EMEA Market Structure