ESMA publishes responses to MiFIR Consultation

The European Securities and Markets Authority (ESMA) has published the responses received to the Consultation on Guidelines on transaction reporting, reference data, order record keeping & clock synchronisation.

This consultation paper sought stakeholders’ views on the draft guidance on the application of the provisions of the ESMA RTS on transaction reporting, instrument reference data, order record keeping and clock synchronisation (RTS 22, 23, 24 and 25). The guidance complements the technical standards and will be essential for the consistent implementation of the new MiFIR rules.

ESMA will now consider the feedback it received to this consultation in Q2 2016 and expects to publish in the second half of 2016.

The ESMA statement and the responses can be found here.

Lavanya Rathnam

Lavanya Rathnam is an experienced technology, finance, and compliance writer. She combines her keen understanding of regulatory frameworks and industry best practices with exemplary writing skills to communicate complex concepts of Governance, Risk, and Compliance (GRC) in clear and accessible language. Lavanya specializes in creating informative and engaging content that educates and empowers readers to make informed decisions. She also works with different companies in the Web 3.0, blockchain, fintech, and EV industries to assess their products’ compliance with evolving regulations and standards.

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