The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published today updates to the Q&As on transparency and market structure issues[1], the Manual on post-trade Transparency and the Opinion on the assessment of pre-trade waivers considering MiFIR Review Transitional Provisions.
ESMA is providing further practical guidance on the provisions following the statement from last March on the transition for the application of the MiFIDII/MiFIR Review, to reflect the changes introduced.
The amendments are published with the objective of contributing to the smooth transition and consistent application of MiFIR, and complements the clarifications on the applicable MiFIR Review (Level 1) and Technical Standards (Level 2) provisions provided in the Interactive Single Rulebook (ISRB) earlier this year.
