ESMA also promises legislative changes to address market data costs
The European regulatory guidance focuses on systems and internal controls
Markets remain sensitive to Brexit and U.S.-China trade tensions
Feedback due in Jan. 2020
The two groups have signed a memorandum of understanding
Proposed reforms aim to address regulators' concerns, including disclosure of investment costs
Arrangements have been submitted to the European Commission for final approval
The regulatory agency has published a consultation paper on market abuse rules
European regular plans to expand its mandate in 2020
The regulator introduced measures to protect retail investors from complex, high-risk products in 2018