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Eingabehilfen

Author: Karen Cooper

ESMA endorses changes to MiFIR RTS 1 & 2 proposed by the Commission

ESMA has published an opinion considering, and endorsing, several amendments which the European Commission had proposed on ESMA's draft changes to RTS 1 and 2 (which relate to the equity and non-equity transparency obligations in MiFIR). This means that the first phase of RTS 1 and 2 amendments is now nearing completion, with some changes likely to be applicable from Q1 or Q2 2023, whilst others are delayed until January 2024. We can also expect ESMA to consult on related Level 3 guidance shortly. Read our note for more detail.