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31 August 2015

ESMA consults on MIFID II standards regarding trading suspensions, data service providers and derivatives reporting


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The CP covers the suspension and removal of financial instruments from trading on a trading venue, the notification and provision of information for data reporting services providers and the weekly aggregated position reports for commodity derivatives, emission allowances and derivatives thereof.


The European Securities and Markets Authority has published a consultation paper (CP) on the remaining draft implementing technical standards  under MiFID II on which ESMA has not yet consulted.

The draft ITS on suspension and removal of financial instruments from trading on venues covers the timing and format of publications and communications foreseen by MiFID II in case a suspension or removal of an instrument occurs.

The draft ITS on standard forms, templates and procedures for the notification and provision of information for DRSPs covers both the application for authorisation by DRSP applicants as well as the notification of members of the management body of a DRSP and of any changes to its membership.

The draft ITS on weekly aggregated position reports is intended to deliver transparency and support monitoring of the new position limits regime.

On the basis of the responses to this CP, ESMA will revise the draft technical standards and send the final report to the European Commission for endorsement by 3 January 2016.

ESMA will consider all comments received by 31 October 2015.

Full Consultation Paper



© ESMA


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