ESMA calls for evidence on review of equity legislation

From: FinTech Global

The EU’s securities markets regulator has published a call for evidence for an upcoming review for two pieces of regulation.

The regulations are the European Securities and Markets Authority (ESMA) is looking to review are Commission Delegated Regulation (EU) No 2017/587 (RTS 1) and Commission Delegated Regulation (EU) No 2017/583 (RTS 2) starting from Q4 2020-Q1 2021.

RTS 1 and RTS 2 contain the main implementing measures in respect of the MiFID II/MiFIR transparency regime for equity and non-equity instruments.

It is now calling for market participants to share their insights on practical issued related to the application of RTS 1 and RTS 2 that market participants have identified since the application of MiFID II/ MiFIR.

ESMA would also like to receive feedback on any technical issue and policy gap that market participants have encountered at implementation level, as well as unclear provisions. Respondents are invited to provide their suggestions and, where possible, related solutions by filling in the ESMA template. The deadline is 31 October 2020.

Enjoyed the story? 

Subscribe to our weekly RegTech newsletter and get the latest industry news & research

Copyright © 2018 RegTech Analyst


The following investor(s) were tagged in this article.