Mifid III Reporting: Navigating UK/EU Divergence

The UK FCA’s MiFID III consultation, which closed on 20 February, marked a notable shift in regulatory tone. In contrast to ESMA’s recent approach, where proposed reporting changes will introduce additional reportable data fields, expand reporting requirements and add more granular validations, the FCA is proposing a meaningful simplification of transaction reporting requirements. In this webinar, Bloomberg experts will compare and contrast the FCA and ESMA approaches to MiFID III reporting, examine the FCA’s proposed simplifications in detail, and assess the practical implications for firms in scope for dual UK and EU reporting regimes. The session will conclude with an overview of Bloomberg’s Reporting Hub (RHUB), demonstrating how firms can manage evolving MiFID III requirements and cross-jurisdictional divergence within a single, scalable platform. Key Topics: - Overview of the FCA MiFID III consultation and policy objectives - ESMA’s recent reporting changes and industry response - Where the FCA and ESMA approaches diverge - Impact on firms with UK/EU dual reporting obligations - Managing regulatory change and divergence using Bloomberg RHub