17 August 2017
Find out more

Esma updates on transaction reporting guidelines under MiFID II

12 January 2017  |  4628 views  |  0 Source: Esma

Toward the end of 2016, ESMA published guidelines for transaction reporting under the Markets in Financial Instruments Directive (MiFID II) and Regulation(MiFIR).

Additionally, ESMA released technical requirements and templates further detailing the relevant reporting requirements under MIFID II and MIFIR.

MiFID II and MiFIR increases the scope of regulatory requirements on reporting entities in the following areas: reference data, transparency, double volume cap and transaction reporting. Therefore, the release of the technical requirements and reporting templates further serve market participants in their operations under MiFID II and MiFIR.

In order to ensure a smooth transition from the current reporting regimes, under MIFID I, ESMA will begin data collection in advance of the date of application of MIFID II and MIFIR. As you may be aware, from the 3rd of January 2018, MIFID II and MIFIR will apply within Member states and, by starting data collection early, ESMA aims to provide the relevant reporting entities with the appropriate system implementation time prior to go-live.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.niceactimize.comvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Coinbase raises $100mCoinbase raises $100m
10396 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9791 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9696 views comments | 8 tweets | 15 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
8090 views comments | 1 tweets | 2 linkedin