The UK financial regulation is characterised by the principles-based regime (PBR) and ‘comply or explain’ approach. Critically discuss the main shortcomings of the PBR in the light of the global financial crisis.
1.To what extent has MiFID legislation (MiFIR and MiFID 2)imposed a new legal paradigm of technological innovations (e.g. algorithmic and high frequency trading activities) on regulated firms within the European Union?Discuss in the context of the UK and Continental financial markets. 2.FinTech aims to support regulation in the financial markets with the use of algorithm […]