MiFIR: ESMA finalises “first stage” amendments to RTS 1 equity transparency requirements

On 28 March 2022, ESMA published final reports following its review of transparency requirements for equity and non-equity instruments set out in RTS 1 and RTS 2 of MiFIR. This note covers key points from the Final report on RTS 1 (relating to equity transparency), which also proposes a related amendment to RTS 11 (on the tick size regime for equity instruments). 

We will produce a separate note with key points from the Final report on RTS 2 (relating to non-equity transparency).