EU and UK regulatory issues—debt capital markets

This overview is a guide to the Banking & Finance content within the EU and UK regulatory issues—debt capital markets subtopic, with links to relevant materials.

For an introduction to the EU and UK regulatory issues relating to the debt capital markets, see Practice Note: EU and UK regulation of the debt capital markets—one minute guide.

MiFID II/MiFIR

The central piece of legislation governing the debt capital markets in the EU comprises the Markets in Financial Instruments Directive 2014/65/EU (EU MiFID II) and the Markets in Financial Instruments Regulation (EU) 600/2014 (EU MiFIR).

EU MiFID II provides for authorisation and regulation by the competent authority of the home Member State of entities whose regular occupation or business is the provision of one or more investment services to third parties and/or the performance of one or more investment activities in relation to financial instruments on a professional basis (investment firms). For more information about the EU MiFID II framework, see Practice Notes: EU MiFID II and MiFIR—essentials and EU MiFID II and MiFIR—one minute guide.

In the UK, various legislation and

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