---
title: ESMA PublishesMiFID II Q&AS on Transparency and Market Structure Topics
description: ESMA PublishesMiFID II Q&AS on Transparency and Market Structure Topics
---

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# [ESMA PublishesMiFID II Q&AS on Transparency and Market Structure Topics](https://articles.marketsmedia.com/esma-publishesmifid-ii-qas-transparency-market-structure-topics)

 Written by [John D'Antona](https://articles.marketsmedia.com/author/jdantona) | Nov 21, 2016 2:17:58 PM

ESMA – The European Securities and Markets Authority (ESMA) has published two Questions and Answers (Q&A) documents regarding implementation issues relating to market structures and transparency topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR).

ESMA has published a new [Q&A](https://www.esma.europa.eu/sites/default/files/library/2016-1583_questions_and_answers_on_mifid_ii_and_mifir_market_structures_topics_.pdf) document on market structures which provides clarifications on the two following topics:

- data disaggregation; and,
- the mandatory tick size regime.

ESMA has also updated its [Q&A](https://www.esma.europa.eu/sites/default/files/library/2016-1424_questions_and_answers_on_mifid_ii_and_mifir_transparency_topics_.pdf) on transparency with two new questions which provide details regarding:

- article 4(7) of MiFIR, review of waivers granted in accordance with MiFID I; and,
- the procedure for granting a waiver from pre-trade transparency obligations for illiquid non-equity financial instruments.

The purpose of the Q&A document is to promote common supervisory approaches and practices in the application of MiFID II/MiFIR and its implementing measures.

[View full post](https://articles.marketsmedia.com/esma-publishesmifid-ii-qas-transparency-market-structure-topics)

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