Financial Markets and Funds partner Nathaniel Lalone spoke with Bloomberg News regarding equivalency issues stemming from the revised Markets in Financial Instruments Directive (MiFID II) following Brexit. Nate stated, "Combining the MiFID review with equivalence allows [European regulators] the possibility to move the goalposts for equivalence, which could very well give the EU more leverage. There is a risk that the MiFID review could be misused for political ends, which could ultimately, and regrettably, serve to frustrate access to EU markets by City firms." In addition to Bloomberg, the article, including Nate's quote, was published in City A.M.
- "Brexit Gets Worse for Wall Street With EU Shaking Up MiFID," Bloomberg News, February 5, 2020
- "EU 'could weaken' the City after Brexit with MiFID II changes," City A.M., February 5, 2020