ARTICLE
25 November 2025

Ahead Of The Curve: Transparency, Transaction Reporting And Short Selling

AO
A&O Shearman

Contributor

A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets. This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength. Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations. Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.
The former MiFID II regime in the UK concerning pre-trade and post-trade transparency for bonds and derivatives is undergoing something of a quiet revolution.
United Kingdom Finance and Banking
Nick Bradbury’s articles from A&O Shearman are most popular:
  • in United Kingdom
A&O Shearman are most popular:
  • within Insurance, Real Estate and Construction and Environment topic(s)

The former MiFID II regime in the UK concerning pre-trade and post-trade transparency for bonds and derivatives is undergoing something of a quiet revolution. From December 1, exemptions will be set by regulators only for the most liquid contracts, with the bulk of large-in-scale and deferral exemptions being set in the future by trading venues.

In "Ahead of the Curve: The new UK regime for transparency for non-equities and what's next for transaction reporting, and update on the new UK short selling regime," our experts considered how the latest UK developments and new transparency calibrations are set to impact venues, systematic internalizers, and other market participants.

Our experts also touched on the anticipated changes to the former MiFID II regime in the UK for transaction reporting, and the current FCA consultation on the new UK short selling regime.

Watch the webinar

View the slides

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More