Bancos se apresuran a cumplir nuevas normas de UE

The video discusses the lingering distrust in financial markets post-2008 crisis, exacerbated by high-speed trading and scandals. It introduces MiFID II, a set of EU regulations aimed at increasing transparency in financial markets. The video outlines the compliance challenges faced by traders and brokers, including the need for new data systems and the potential $2 billion cost. It also covers the debate over the regulations' impact on market liquidity and bank profits, with authorities arguing that the rules will restore trust and enhance consumer protection.

What is one of the main reasons for the public's distrust in financial markets post-2008 crisis?

• High-speed trading and banking scandals

• Increased interest rates

• Lack of investment opportunities

• Government bailouts

What is a key requirement of MiFID II for brokers?

• Increasing trading commissions

• Synchronizing clocks and storing phone call recordings

• Eliminating automated trading

• Reducing the number of trades

How are automated trading algorithms affected by MiFID II?

• They must be registered and tested with new regulators

• They are banned from the market

• They are required to increase trading speed

• They must reduce the number of trades

What is a criticism of MiFID II from banks and brokerages?

• It promotes unfair trading practices

• It decreases transparency

• It increases market volatility

• It may reduce market liquidity

What do authorities believe MiFID II will achieve?

• Reduce competition

• Increase bank profits

• Eliminate the need for investment research

• Restore trust and strengthen consumer protections