Pilar Lluesma

Jun 3, 2024 | lexology.com | Jake Green |Hubert Blanc-Jouvan |Detmar Loff |Pilar Lluesma |Bradley Rice |Lorraine Johnston | +2 more

ESMA has published a statement on the use of AI systems by investment firms and relevant MIFID considerations. This appears to be the most detailed and significant statement so far by ESMA for investment firms in relation to this area, (although ESMA officials have published speeches on the increasing use of AI systems by investment firms and the importance of investor protection) and contains important information for firms.

Mar 28, 2024 | lexology.com | Etay Katz |Jake Green |Lorraine Johnston |Tim Cant |Bradley Rice |Detmar Loff | +9 more

Legislative amendments to MIFIR (Updated MiFIR) and MIFID (Updated MiFID) have been published in the Official Journal. The texts were introduced by the European Commission in November 2021 (see our briefing here).