Five financial services associations have grouped together to commission an independent research study into European bond markets ahead of consultation with Europe.
The Association of British Insurers (ABI), Corporation of London, Internal Capital Markets Association (ICMA), Investment Management Association (IMA), and London Investment Banking Association (LIBA) have commissioned the research in order to answer a range of questions ahead of consultation on the review of bond market transparency by the Markets in Financial Instruments Directive. The research will look at whether bond markets deliver efficient market outcomes and, say the group, where the outcomes are not efficient whether this could be improved by either pre or post trade transparen...
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