{"id":37787,"date":"2018-11-26T13:57:25","date_gmt":"2018-11-26T13:57:25","guid":{"rendered":"https:\/\/leverate.com\/%e6%9c%aa%e5%88%86%e7%b1%bb\/%e6%8c%af%e4%bd%9c%e8%b5%b7%e6%9d%a5%ef%bc%9a%e5%a6%82%e4%bd%95%e4%b8%ba%e6%96%b0%e7%9a%84%e7%9b%91%e7%ae%a1%e7%8e%af%e5%a2%83%e5%81%9a%e5%a5%bd%e5%87%86%e5%a4%87\/"},"modified":"2025-11-16T13:50:50","modified_gmt":"2025-11-16T13:50:50","slug":"%e6%8c%af%e4%bd%9c%e8%b5%b7%e6%9d%a5%ef%bc%9a%e5%a6%82%e4%bd%95%e4%b8%ba%e6%96%b0%e7%9a%84%e7%9b%91%e7%ae%a1%e7%8e%af%e5%a2%83%e5%81%9a%e5%a5%bd%e5%87%86%e5%a4%87","status":"publish","type":"post","link":"https:\/\/leverate.com\/zh-hans\/blog\/regulation\/%e6%8c%af%e4%bd%9c%e8%b5%b7%e6%9d%a5%ef%bc%9a%e5%a6%82%e4%bd%95%e4%b8%ba%e6%96%b0%e7%9a%84%e7%9b%91%e7%ae%a1%e7%8e%af%e5%a2%83%e5%81%9a%e5%a5%bd%e5%87%86%e5%a4%87\/","title":{"rendered":"\u632f\u4f5c\u8d77\u6765\uff1a\u5982\u4f55\u4e3a\u65b0\u7684\u76d1\u7ba1\u73af\u5883\u505a\u597d\u51c6\u5907"},"content":{"rendered":"<p><strong>2018 \u5e74\uff0c\u91d1\u878d\u548c\u8d38\u6613\u9886\u57df\u53d1\u751f\u4e86\u5de8\u5927\u7684\u9a9a\u52a8\uff0c\u5e74\u521d\uff0c\u5373 1 \u6708 3 \u65e5\u63a8\u51fa\u4e86 MiFID II\u3002 \u867d\u7136 MiFID II \u4ec5\u4e0e\u6b27\u76df\u6709\u5173\uff0c\u4f46\u5b83\u5bf9\u5927\u91cf\u56fd\u9645\u6295\u8d44\u516c\u53f8\u4ea7\u751f\u4e86\u5e7f\u6cdb\u5f71\u54cd\u3002  <\/strong><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0 <img fetchpriority=\"high\" decoding=\"async\" class=\" wp-image-2570 alignnone\" src=\"https:\/\/leverate.com\/wp-content\/uploads\/2020\/07\/shutterstock_image-13.jpg\" alt=\"\u8c03\u8282\" width=\"368\" height=\"245\" srcset=\"https:\/\/leverate.com\/wp-content\/uploads\/2020\/07\/shutterstock_image-13.jpg 600w, https:\/\/leverate.com\/wp-content\/uploads\/2020\/07\/shutterstock_image-13-300x200.jpg 300w\" sizes=\"(max-width: 368px) 100vw, 368px\" \/> \u00a0<\/p>\n<p>ESMA\uff08\u6b27\u6d32\u8bc1\u5238\u548c\u5e02\u573a\u7ba1\u7406\u5c40\uff09\u662f\u50ac\u751f MiFID \u53ca\u5176\u66f4\u65b0\u7684\u6b27\u76df\u76d1\u7ba1\u673a\u6784\uff0c\u5df2\u5ba3\u5e03 2018 \u5e74\u4e3a\u5b9e\u65bd\u5145\u5206\u9075\u5b88 MiFID II \u6807\u51c6\u65e5\u76ca\u4e25\u683c\u7684\u5fc5\u8981\u63aa\u65bd\u7684\u975e\u5b98\u65b9\u8fc7\u6e21\u671f\u3002<\/p>\n<p>\u7136\u800c\uff0c\u8fd9\u79cd\u6700\u521d\u7684\u5bbd\u5bb9\u4f7f\u884c\u4e1a\u4e13\u4e1a\u4eba\u58eb\u8ba4\u4e3a\uff0c\u672a\u6765\u5c06\u5bf9\u4efb\u4f55\u4e0d\u5408\u89c4\u7684\u6295\u8d44\u516c\u53f8\u91c7\u53d6\u5f3a\u786c\u7acb\u573a\u3002\u7531\u4e8e\u5ba1\u67e5\u7684\u52a0\u5f3a\uff0c\u76d1\u7ba1\u79d1\u6280\u516c\u53f8\u4e00\u76f4\u5728\u63a8\u51fa\u5408\u89c4\u89e3\u51b3\u65b9\u6848\u6765\u7b80\u5316\u62a5\u544a\u548c\u5408\u89c4\u8981\u6c42\u3002 <\/p>\n<p><!-- \/wp:post-content --><\/p>\n<p><!-- wp:heading {\"level\":3} --><\/p>\n<h2 id=\"%e5%a1%9e%e6%b5%a6%e8%b7%af%e6%96%af%e6%8a%a2%e5%8d%a0%e5%85%88%e6%9c%ba\"><strong>\u585e\u6d66\u8def\u65af\u62a2\u5360\u5148\u673a<\/strong><\/h2>\n<p><!-- \/wp:heading --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>\u585e\u6d66\u8def\u65af\u662f\u56fd\u9645\u548c\u6b27\u6d32\u4ea4\u6613\u548c\u6295\u8d44\u516c\u53f8\u7684\u4e2d\u5fc3\uff0cCySEC\uff08\u585e\u6d66\u8def\u65af\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\uff09\u6b63\u5728\u4ed4\u7ec6\u7814\u7a76\u5176\u6301\u724c\u6295\u8d44\u516c\u53f8\uff0c\u5e76\u91c7\u53d6\u79ef\u6781\u4e3b\u52a8\u7684\u65b9\u6cd5\uff0c\u4ee5\u786e\u4fdd\u5728 2019 \u5e74\u521d\u4e4b\u524d\u9075\u5b88\u89c4\u5b9a\u3002\u4eca\u5e74 6 \u6708 22\u00a0\u65e5\uff0cCySEC \u5ba3\u5e03\u4e86\u4ed6\u4eec\u7684\u884c\u52a8\u8ba1\u5212\uff0c\u4ee5\u8c03\u67e5\u672a\u80fd\u6216\u9003\u907f\u6240\u9700\u5408\u89c4\u63aa\u65bd\u7684\u516c\u53f8\uff0c\u5305\u62ec\u8058\u8bf7\u987e\u95ee\u548c\u5458\u5de5\u6765\u5b9e\u65bd\u8be5\u8ba1\u5212\u3002\u4f5c\u4e3a\u6295\u8d44\u516c\u53f8\u7684\u4e3b\u8981\u56fd\u9645\u4e2d\u5fc3\uff0c\u585e\u6d66\u8def\u65af\u4e5f\u6210\u4e3a\u5927\u91cf\u76d1\u7ba1\u79d1\u6280\u89e3\u51b3\u65b9\u6848\u63d0\u4f9b\u5546\u7684\u6240\u5728\u5730\uff0c\u5176\u4e2d\u6700\u7a81\u51fa\u7684\u662f Leverate \u4f4d\u4e8e\u585e\u6d66\u8def\u65af\u7684 Regyoul8\u3002Regyoul8 \u6700\u521d\u4e8e 2017 \u5e74\u4e0b\u534a\u5e74\u63a8\u51fa\uff0c\u65e8\u5728\u5e2e\u52a9\u516c\u53f8\u5b9e\u65bd\u6240\u9700\u7684\u7a0b\u5e8f\u548c\u5b9e\u8df5\uff0c\u4ee5\u6ee1\u8db3 MiFID II \u540e ESMA \u8981\u6c42\u7684\u5fc5\u8981\u62a5\u544a\u4e25\u683c\u6c34\u5e73\u3002\u4f46\u6700\u8fd1\uff0c\u968f\u7740 CySEC \u5bf9\u585e\u6d66\u8def\u65af\u6295\u8d44\u516c\u53f8\u6cd5\u7684\u6267\u884c\uff0cRegyoul8\u00a0\u5df2\u91cd\u65b0\u542f\u52a8\u00a0\uff0c\u5e76\u91c7\u53d6\u4e86\u989d\u5916\u7684\u5408\u89c4\u63aa\u65bd\u548c\u65b0\u4f18\u5316\u7684\u5185\u90e8\u7ba1\u7406\u5de5\u5177\u3002    <\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:heading {\"level\":3} --><\/p>\n<h2 id=\"%e8%bf%9d%e8%a7%84%e8%80%85%e7%9a%84%e9%9b%b7%e5%8c%ba\"><strong>\u8fdd\u89c4\u8005\u7684\u96f7\u533a<\/strong><\/h2>\n<p><!-- \/wp:heading --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>\u76d1\u7ba1\u73af\u5883\u5df2\u7ecf\u53d8\u5f97\u4e25\u683c\uff0c\u5bf9\u90a3\u4e9b\u4e0d\u9075\u5b88\u89c4\u5219\u7684\u4eba\u65e0\u60c5\u3002\u5bf9\u8fdd\u89c4\u884c\u4e3a\u7684\u5904\u7f5a\u4e25\u5389\u4e14\u6beb\u4e0d\u59a5\u534f\uff0c\u5305\u62ec\u516c\u5f00\u4fb5\u6743\u58f0\u660e\u3001\u505c\u6b62\u4ee4\u3001\u7981\u6b62\u5728\u8be5\u884c\u4e1a\u5de5\u4f5c\uff08\u9488\u5bf9\u81ea\u7136\u4eba\uff09\u548c\u6700\u4f4e 500 \u4e07\u6b27\u5143\u7684\u7f5a\u6b3e\u3002 <\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>\u867d\u7136 MiFID II \u63d0\u9ad8\u4e86\u900f\u660e\u5ea6\u548c\u62a5\u544a\u4e49\u52a1\uff0c\u4f46\u5168\u7403\u53cd\u6d17\u94b1\u653f\u7b56\u589e\u52a0\u4e86\u5bf9 KYC \u548c\u8d44\u91d1\u6d41\u52a8\u7684\u5ba1\u67e5\u3002<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>\u867d\u7136\u5f53\u60a8\u6709\u6570\u767e\u4e07\u6b27\u5143\u7684\u8425\u4e1a\u989d\u65f6\uff0c500 \u4e07\u6b27\u5143\u542c\u8d77\u6765\u53ef\u80fd\u4e0d\u591a\uff0c\u4f46\u5f53\u8fd9\u4e9b\u7f5a\u6b3e\u53ef\u4ee5\u589e\u52a0\u591a\u8fbe\u4e24\u500d\u4e8e\u89c4\u907f\u5408\u89c4\u6240\u83b7\u5f97\u7684\u7ecf\u6d4e\u5229\u76ca\u65f6\uff0c\u8bd5\u56fe\u907f\u514d\u5b9e\u73b0\u5b8c\u5168\u5408\u89c4\u7684\u5546\u4e1a\u6a21\u5f0f\u7684\u8d1f\u62c5\u4e0d\u518d\u5177\u6709\u8d22\u52a1\u610f\u4e49\u3002<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>\u7136\u800c\uff0c\u5728\u6574\u4e2a\u6b27\u6d32\u7684\u65b0\u76d1\u7ba1\u73af\u5883\u4e2d\uff0c\u5fc5\u987b\u627f\u62c5\u5982\u6b64\u591a\u7684\u62a5\u544a\u8d23\u4efb\uff0c\u4ee5\u81f3\u4e8e\u5927\u591a\u6570\u7ecf\u7eaa\u4eba\u4f1a\u53d1\u73b0\u8fd9\u9879\u4efb\u52a1\u4ee4\u4eba\u751f\u754f\u3002\u4e3a\u4e86\u89e3\u51b3\u8fd9\u4e2a\u95ee\u9898\uff0c\u65b0\u7684 RegTech \u5de5\u5177\u5fc5\u987b\u7ed3\u5408\u4e0d\u540c\u7684\u6570\u636e\u6536\u96c6\u548c\u62a5\u544a\u63aa\u65bd\uff0c\u5e76\u4ee5\u5c3d\u53ef\u80fd\u7b80\u5316\u7684\u65b9\u5f0f\u63d0\u4f9b\u6240\u6709\u5185\u5bb9\u3002 <\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>\u5728\u8fd9\u65b9\u9762\uff0cLeverate \u7684 Regyoul8 \u6bd4\u4e4b\u524d\u7684\u8fed\u4ee3\u8986\u76d6\u4e86\u66f4\u591a\u7684\u9886\u57df\u30022018 \u5e74\u7684 Regyoul8 \u7ed3\u5408\u4e86 RTS27 \u548c RTS28 \u7684\u81ea\u52a8\u6700\u4f73\u6267\u884c\u62a5\u544a\u63aa\u65bd\uff0c\u4ee5\u53ca RTS22 \u548c EMIR \u62a5\u544a\u3001\u53cd\u6d17\u94b1\u6807\u51c6\u3001KYC \u653f\u7b56\uff0c\u5e76\u4e3a\u7ecf\u7eaa\u5546\u6295\u8d44\u7ec4\u5408\u4e2d\u7684\u6bcf\u79cd\u4ea7\u54c1\u521b\u5efa\u5b9a\u671f\u66f4\u65b0\u7684\u5173\u952e\u4fe1\u606f\u6587\u6863 \uff08KID\uff09\u3002 <\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:image {\"id\":18057} \/--><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>\u201c\u5f53\u4eca\u76d1\u7ba1\u73af\u5883\u7684\u79d8\u8bc0\u662f\u5c06\u5408\u89c4\u7684\u5fc5\u8981\u6027\u4e0e\u8fd0\u8425\u6548\u7387\u7684\u597d\u5904\u76f8\u7ed3\u5408\u201d\uff0cLeverate \u9500\u552e\u548c\u4e1a\u52a1\u53d1\u5c55\u4e3b\u7ba1 Chen Ben Nun \u5973\u58eb\u8bf4\u3002\u201c\u5f53\u89c4\u5219\u6301\u7eed\u53d1\u5c55\u65f6\uff0c\u6211\u4eec\u610f\u8bc6\u5230\u6211\u4eec\u7684\u5ba2\u6237\u9700\u8981\u4e00\u4e2a\u7b80\u5316\u7684\u6d41\u7a0b\u6765\u786e\u4fdd\u4ed6\u4eec\u5b9e\u73b0\u5408\u89c4\u6027\u76ee\u6807\u3002\u201d <\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:heading {\"level\":3} --><\/p>\n<h2 id=\"%e6%8a%a5%e5%91%8a%e5%92%8c%e6%94%b6%e8%8e%b7%e5%a5%bd%e5%a4%84\"><strong>\u62a5\u544a\u548c\u6536\u83b7\u597d\u5904<\/strong><\/h2>\n<p><!-- \/wp:heading --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>\u4f46\u4eca\u5929\u7684\u76d1\u7ba1\u6280\u672f\u4e0d\u4ec5\u4ec5\u662f\u62a5\u544a\u3002\u5ba1\u67e5\u63aa\u65bd\u7684\u901a\u8d27\u81a8\u80c0\u6709\u4e00\u4e2a\u79ef\u6781\u7684\u526f\u4ea7\u54c1\uff0c\u56e0\u4e3a\u5b83\u8feb\u4f7f\u91d1\u878d\u673a\u6784\u63d0\u9ad8\u900f\u660e\u5ea6\u5e76\u66f4\u597d\u5730\u638c\u63a7\u5176\u5185\u90e8\u7a0b\u5e8f\u3002\u8fd9\u53cd\u8fc7\u6765\u4e5f\u53ef\u4ee5\u4ee5\u4e0e\u5f53\u524d\u6216\u672a\u6765\u5ba2\u6237\u66f4\u597d\u5730\u4e92\u52a8\u7684\u5f62\u5f0f\u5411\u5916\u53cd\u6620\u3002  <\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:image {\"id\":18106} \/--><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>\u201cRegyoul8 \u4e0d\u4ec5\u4ec5\u662f\u4e00\u4e2a\u62a5\u544a\u548c\u5408\u89c4\u6027\u89e3\u51b3\u65b9\u6848\u3002Regyoul8 \u4e3a\u62a5\u544a\u76ee\u7684\u6536\u96c6\u548c\u51c6\u5907\u7684\u6240\u6709\u4fe1\u606f\u90fd\u53ef\u4ee5\u7528\u4e8e\u5185\u90e8\u7ba1\u7406\u3001\u8425\u9500\u6750\u6599\u548c\u53d1\u5e03\u201c\uff0cLeverate \u5ba2\u6237\u6210\u529f\u90e8\u95e8\u8d1f\u8d23\u4eba Pablo Schvartzman \u8bf4\u3002<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>\u9274\u4e8e\u624b\u5934\u6709\u5927\u91cf\u7684\u6cd5\u5f8b\u548c\u98ce\u9669\u7ba1\u7406\u63aa\u65bd\uff0c\u7ecf\u7eaa\u4eba\u9700\u8981\u4e00\u4e2a\u6709\u4ef7\u503c\u7684\u5185\u90e8\u7ba1\u7406\u5de5\u5177\uff0c\u4f7f\u4ed6\u4eec\u80fd\u591f\u5728\u5ba2\u6237\u6ce8\u610f\u5230\u8ba2\u5355\u4e4b\u524d\u548c\u5fc5\u987b\u62a5\u544a\u8ba2\u5355\u4e4b\u524d\u8ddf\u4e0a\u6267\u884c\u8ba2\u5355\u65b9\u5f0f\u7684\u53d8\u5316\u3002\u4e00\u4e2a\u597d\u7684\u5408\u89c4\u6027\u89e3\u51b3\u65b9\u6848\u5fc5\u987b\u662f\u7ef4\u6301\u653f\u7b56\u9075\u5b88\u7684\u52a8\u6001\u5de5\u5177\uff0c\u4e5f\u662f\u8be5\u653f\u7b56\u53ef\u80fd\u9700\u8981\u66f4\u65b0\u7684\u6307\u6807\u3002 <\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>\u201cRegyoul8 \u53ef\u4ee5\u5e2e\u52a9\u7ecf\u7eaa\u4eba\u6539\u8fdb\u5185\u90e8\u76d1\u63a7\uff0c\u5438\u5f15\u65b0\u5ba2\u6237\uff0c\u5e76\u901a\u8fc7\u8bc1\u660e\u4ed6\u4eec\u9075\u5b88\u6700\u4e25\u683c\u7684\u8981\u6c42\u6765\u7559\u4f4f\u73b0\u6709\u5ba2\u6237\u201d\uff0cPablo \u8bf4\u3002<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>\u4f46\u5c55\u793a\u60a8\u7684\u5408\u89c4\u6027\u53ea\u662f\u63d0\u9ad8\u5ba2\u6237\u53c2\u4e0e\u5ea6\u7684\u7b2c\u4e00\u6b65\u3002\u63d0\u4f9b\u5bf9\u79f0\u6ed1\u70b9\u7684\u660e\u786e\u8bc1\u636e\u3001\u60a8\u4e0e\u5ba2\u6237\u8ba2\u5355\u6267\u884c\u76f8\u5173\u7684\u4ef7\u683c\u516c\u5e73\u6027\u4ee5\u53ca\u60a8\u7684\u4ea7\u54c1\u7ba1\u7406\u65b9\u6cd5\uff0c\u5411\u8fd9\u4e9b\u5ba2\u6237\u5c55\u793a\u60a8\u7684\u7ade\u4e89\u4f18\u52bf\u3002   [more_in]<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>\u6b63\u5982 Pablo \u603b\u7ed3\u7684\u90a3\u6837\uff0c\u201c\u60a8\u7684\u4f01\u4e1a\u53ef\u80fd\u9700\u8981 Regyoul8 \u65e8\u5728\u63d0\u4f9b\u7684\u5408\u89c4\u670d\u52a1\uff0c\u4f46\u5b83\u5e0c\u671b\u6709\u7ade\u4e89\u529b\u7684\u7ee9\u6548\u62a5\u544a\u53ef\u4ee5\u5e26\u6765\u66f4\u9ad8\u7684\u5ba2\u6237\u4fdd\u7559\u7387\u548c\u65b0\u5ba2\u6237\u83b7\u53d6\u201d\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2018 \u5e74\uff0c\u91d1\u878d\u548c\u8d38\u6613\u9886\u57df\u53d1\u751f\u4e86\u5de8\u5927\u7684\u9a9a\u52a8\uff0c\u5e74\u521d\uff0c\u5373 1 \u6708 3 \u65e5\u63a8\u51fa\u4e86 MiFID II\u3002<\/p>\n","protected":false},"author":2,"featured_media":37789,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1092],"tags":[1172,1110,1193,1097,1160,1189,1109],"class_list":["post-37787","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulation","tag-mifid-","tag-1110","tag-1193","tag--zh-hans","tag--esma","tag-1189","tag-1109"],"acf":[],"_links":{"self":[{"href":"https:\/\/leverate.com\/zh-hans\/wp-json\/wp\/v2\/posts\/37787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/leverate.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/leverate.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/leverate.com\/zh-hans\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/leverate.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=37787"}],"version-history":[{"count":0,"href":"https:\/\/leverate.com\/zh-hans\/wp-json\/wp\/v2\/posts\/37787\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/leverate.com\/zh-hans\/wp-json\/wp\/v2\/media\/37789"}],"wp:attachment":[{"href":"https:\/\/leverate.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=37787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/leverate.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=37787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/leverate.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=37787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}