The European Securities and Markets Authority (ESMA) has published a compilation of Committee of European Securities Regulators positions and ESMA opinions
on waivers from pre-trade transparency under the Markets in Financial
Instruments Directive (MiFID). The document is aimed at competent
authorities under MiFID to ensure that, in their supervisory activities, their
actions converge with the opinions provided by ESMA. The examples provided
are also intended to help firms by providing clarity on the MiFID requirements
for pre-trade transparency.
© Finextra Research 2015