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EU and US regulators could agree Mifid II equivalence by November

Regulatory approval for cross-jurisdictional trading could be in place before the end of the year

EU and US regulators could agree Mifid II equivalence by November

Efforts to more closely unify regulation of US and European securities and derivatives markets could be completed by November, a senior EU official said today.

The agreement would be the culmination of work by the European Commission to create regulatory equivalence between the two jurisdictions by recognising the US regime as equivalent to the bloc's new trading rulebook.

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