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 document on market structures which provides clarifications on the two following topics:
ESMA has also updated its Q&A on transparency with two new questions which provide details regarding:
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.