ESMA revises MiFID standard on position reporting

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 Financial Instruments Directive (MiFID II).

ESMA’s ITS was revised with regard to the format of position reports by investment firms and market operators. Following ESMA’s submission on 11 December 2015 of the draft ITS, a number of technical amendments were identified in the course of the practical implementation of the regime which ESMA deems necessary for the correct functioning of the position reporting of commodity derivatives. Those changes are highlighted the revised version of the ITS which ESMA has send for endorsement to the European Commission.

The ESMA statement and related information 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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