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ESMA updates Q&A on MiFID II implementation

September 12, 2017

The European Securities and Markets Authority (ESMA) has published today updated Questions and Answers (Q&As) regarding the implementation of the Markets in Financial Instruments Directive...

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ESMA updates transitional transparency calculations under MiFID II

September 11, 2017

The European Securities and Markets Authority (ESMA) has updated its transitional transparency calculations (TTC) for non-equity instruments in relation to the implementation of the Markets...

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ESMA updates its MiFID II guidelines on transaction reporting, order record keeping and clock synchronisation

August 8, 2017

The European Securities and Markets Authority (ESMA) has issued today an update of its Guidelines on transaction reporting, order record keeping and clock synchronisation under...

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ESMA consults on certain aspects of the MiFID II suitability requirements

July 13, 2017

The European Securities and Markets Authority (ESMA) has published a Consultation Paper (CP) on draft guidelines on certain aspects of the suitability requirements under the...

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ESMA issues final standards for publication of derivatives data

July 10, 2017

The European Securities and Markets Authority (ESMA) has today issued final regulatory technical standards (RTS) regarding the aggregation and publication of derivatives data by trade...

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ESMA updates MiFID II/ MIFIR Investor Protection Q&A

July 10, 2017

The European Securities and Markets Authority (ESMA) has added 2 new Q&A to its Questions and Answers (Q&A) document on the implementation of investor protection...

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ESMA updates Q&A on MiFID II implementation

July 7, 2017

The European Securities and Markets Authority (ESMA) has today updated its Question and Answers (Q&As) regarding the implementation of the Market in Financial Instruments Directive (MiFID II)...

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ESMA provides interim transparency calculations for MiFID II

July 3, 2017

The European Securities and Markets Authority (ESMA) has issued today an opinion with interim transparency calculations for non-equity instruments in relation to the implementation of the Markets...

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MIFID II: ESMA issues final guidelines on trading halts

June 27, 2017

The European Securities and Markets Authority (ESMA) has issued today its final guidelines on trading halts under the Markets in Financial Instruments Directive (MiFID II). MiFID...

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ESMA updates MiFID II/ MIFIR Investor Protection Q&A

June 6, 2017

The European Securities and Markets Authority (ESMA) has added 14 new Q&As to its Questions and Answers (Q&A) document on the implementation of investor protection...

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ESMA publishes final report on product governance guidelines to safeguard investors

June 2, 2017

The European Securities and Markets Authority (ESMA) has published today the Final Report on product governance guidelines under the Markets in Financial Instruments Directive II...

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ESMA clarifies traded on a trading venue under MiFID II

May 22, 2017

The European Securities and Markets Authority (ESMA) has issued today an opinion regarding the implementation of the Markets in Financial Instruments Directive (MiFID II) and...

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European regulator concerned about national watchdogs’ MiFID supervisory practices

May 18, 2017

The European Securities and Markets Authority (ESMA) has published a Follow-up Report on the actions undertaken by ten National Competent Authorities (NCAs) in addressing deficiencies...

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ESMA issues final guidelines regarding circuit breakers under MiFID II

April 6, 2017

The European Securities and Markets Authority (ESMA) has issued today the final report on the Guidelines regarding the calibration of circuit breakers and the publication...

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ESMA issues final specifications for non-equity tape under MiFID II

March 31, 2017

The European Securities and Markets Authority (ESMA) has issued today regulatory technical standards (RTS) specifying the scope of the consolidated tape for bonds, structured finance...

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FCA publishes near final rules on MiFID II and encourages firms to submit applications for MiFID II authorisation

March 31, 2017

The Financial Conduct Authority (FCA) has today published near final rules on the implementation of the Markets in Financial Instruments Directive (MiFID) II. These include...

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ESMA issues Implementing Rules for Package Orders under MiFID II

February 28, 2017

The European Securities and Markets Authority (ESMA) has published today its final report on draft regulatory technical standards (RTS) regarding the treatment of package orders under the...

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ESMA writes to European Commission on MiFID II systematic internalisers operating broker crossing networks

February 14, 2017

The European Securities and Markets Authority (ESMA) has written to the European Commission to raise its concern over the potential establishment of networks of systematic...

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In a nutshell: The new rules on Complaints Handling under MiFID 2

February 9, 2017

Complaints Handling is one of the many areas the European legislator focused on to improve Investor Protection across the EU. While the changes in primary...

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ESMA revises MiFID standard on position reporting

February 9, 2017

The European Securities and Markets Authority (ESMA) published today a revision of its draft Implementing Technical Standards (ITS) on position reporting under the Markets in...

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ESMA updates Q&A on MiFID II implementation in relation to regulatory data reporting

February 2, 2017

The European Securities and Markets Authority (ESMA) has published today the updated Questions and Answers (Q&As) document regarding the implementation of the Market in Financial...

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ESMA updates Q&As on MiFID II transparency and market structure topics

January 31, 2017

The European Securities and Markets Authority (ESMA) has updated two Questions and Answers (Q&A) documents on implementation issues relating to transparency and market structure topics under...

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ESMA issues briefing on transaction reporting requirements under MiFID II

January 16, 2017

Toward the end of 2016, ESMA published guidelines for transaction reporting under the Markets in Financial Instruments Directive (MiFID II) and Regulation(MiFIR). Additionally, ESMA released...

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ESMA finds improvement in regulators’ supervision of MiFID best execution requirements

January 13, 2017

The European Securities and Markets Authority (ESMA) finds that national regulators are giving greater attention to best execution requirements under the Markets in Financial Instruments...

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ESMA publishes MiFIR Q&A regarding data reporting

December 20, 2016

The European Securities and Markets Authority (ESMA) has published today its Questions and Answers (Q&As) document regarding the implementation of the Market in Financial Instruments...

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ESMA publishes MiFID II Q&As on transparency and market structure topics

November 18, 2016

The European Securities and Markets Authority (ESMA) has published two Questions and Answers (Q&A) documents regarding implementation issues relating to market structures and transparency topics under...

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ESMA consults on transparency rules for package orders under MiFID II

November 10, 2016

The European Securities and Markets Authority (ESMA) has opened today a public consultation on draft regulatory technical standards (RTS) regarding the treatment of package orders...

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ESMA prepares for MiFID II systematic internaliser regime

November 4, 2016

The European Securities and Markets Authority (ESMA) has published an updated questions and answers (Q&A) document on the application of MiFID II/ MiFIR which clarifies when ESMA...

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ESMA issues MiFIR reporting instructions

October 27, 2016

The European Securities and Markets Authority (ESMA) has issued detailed reporting introductions and XML schemas under its Financial Instruments Reference Data System (FIRDS). FIRDS covers...

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PRA issues rules for passporting and algorithmic trading under MiFID II

October 27, 2016

This Prudential Regulation Authority (PRA) today published policy statement (PS) 29/16. The paper provides feedback to responses to Consultation Paper (CP) 9/16 ‘Implementation of MiFID II:...

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ESMA to focus on supervisory convergence issues in 2017

October 11, 2016

The European Securities and Markets Authority (ESMA) has published its 2017 Work Programme which sets out its priorities and areas of focus for 2017 in...

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ESMA provides guidance on transaction reporting, order record keeping and clock synchronisation under MiFID II

October 10, 2016

The European Securities and Markets Authority (ESMA) has issued today final Guidelines regarding the implementation of the transaction reporting regime under the Markets in Financial...

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ESMA publishes new Q&A on investor protection under MiFID II

October 10, 2016

The European Securities and Markets Authority (ESMA) has published a Questions and Answers (Q&A) document regarding the implementation of investor protection topics under the Market...

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FCA publishes MiFID II consultation paper

September 29, 2016

The Financial Conduct Authority (FCA) has today (29 September 2016) published its third consultation paper on the implementation of the revised Markets in Financial Instruments...

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FCA consults on MiFID II implementation

July 29, 2016

The Financial Conduct Authority (FCA) has today published its second consultation paper (CP16/19) on the implementation of the Markets in Financial Instruments Directive II (MiFID...

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ESMA advises on marketing and sale of CFDs and other speculative products to retail clients under MiFID

July 25, 2016

The European Securities and Markets Authority (ESMA) has published today an updated version of its question and answer document (Q&A) on the application of the...

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German regulator focuses on FinTech in monthly roundup

July 15, 2016

The German financial regulator BaFin has today published its latest issue of the BaFin Journal. The regulator publishes this monthly bulletin that contains technical articles, interviews...

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ESMA proposes two amendments to natural person identifiers under MiFID II

July 1, 2016

The European Securities and Markets Authority has today submitted two amendments to the European Commission in relation to the draft regulatory technical standards on reporting...

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ESMA publishes Q&A on CFDs and other speculative products

June 1, 2016

The European Securities and Markets Authority (ESMA) has published today an updated version of its question and answer document (Q&A) on the application of the...

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ESMA issues opinion on MiFID II standards on ancillary services

May 30, 2016

The European Securities and Markets Authority (ESMA) has issued today an Opinion in response to a letter sent by the European Commission (Commission) asking to amend its...

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ESMA issues technical standards on indirect clients

May 26, 2016

The European Securities and Markets Authority (ESMA) has today issued two final draft regulatory technical standards (RTS) on indirect clearing under the Markets in Financial...

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In a nutshell – Portfolio Compression under MiFID II/MiFIR

May 25, 2016

What’s the news? On May 18, the European Commission has adopted a delegated regulation (see here) supplementing the Regulation on markets in financial instruments (MiFIR)....

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Council confirms agreement on one-year MiFID II delay

May 18, 2016

On 18 May 2016, the Permanent Representatives Committee (Coreper) approved, on behalf of the Council, an agreement with the European Parliament on a one-year delay...

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Commission adopts regulation on liquid equity markets and portfolio compression under MiFIR

May 18, 2016

The European Commission has adopted a delegated regulation supplementing MiFIR. This Regulation aims at specifying, in particular, the rules relating to determining liquidity for equity instruments,...

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ESMA wants to amend transaction reporting under MiFIR

May 4, 2016

The European Securities and Markets Authority (ESMA) has published today a request for amending its draft Regulatory Technical Standards (RTS) on transaction reporting (RTS 22)...

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