Events listed in Markets in Financial Instruments Directive II (MiFID II)
Commission Delegated Regulation (EU) 2023/960 of 1 February 2023 amending the ...
ID 23265
New Commission Delegated Regulation (EU) 2023/960 concerning the „annual application date of the calculations of the average daily number of transactions for shares, depository receipts and exchange-traded funds“ by trading venues for purposes of the tick size band widths to be applied for trading in such instruments was published in the Official Journal (OJ) of the EU. The delegated regulation modifies [Commission Delegated Regulation ...
Circulaire CSSF 23/833
ID 23260
The purpose of the present circular is to repeal CSSF Circular 08/334 relative to encryption specifications for declarants, and CSSF Circular 08/344 concerning the provisions regarding the transmission of reporting files to CSSF. The CSSF hereby aims to inform professionals about the applicable communication methods from now on. Depending on the approach or reporting involved, professionals will be able to utilize the following means ...
Compliance table on Guidelines on certain aspects of the MiFID II appropriateness ...
ID 23240
On 15 May 2023, ESMA has published a revised version of the compliance table for its Guidelines on certain aspects of the MiFID II appropriateness and execution-only requirements (ESMA35-43-3006). Comparing the current compliance table (ESMA35-43-3327) with the previous one reveals that Bulgaria now complies with the ESMA guidelines. CURRENT VERSION PREVIOUS VERSION
Asset Management
report / study
IOSCO publishes a report to help its members enhance SPAC regulations
ID 23181
IOSCO has released its FR06/23 Special Purpose Acquisition Companies report, with the intention of supporting IOSCO members in their evaluation and enhancement of their strategies pertaining to these corporations. The report focuses on SPACs, which are publicly listed blank check companies that raise funds through an Initial Public Offering (IPO) to finance a merger or acquisition of a private operating company. **The report outlines ...
BaFin aktualisiert Merkblatt zum Betrieb eines multilateralen Handelssystems
ID 23127
Die BaFin hat ihr Merkblatt zum Betrieb eines multilateralen Handelssystems überarbeitet, um die neueste Empfehlungen der ESMA-Stellungnahme – „ESMA Opinion on the Trading Venue Perimeter“ (ESMA70-156-6360) zu berücksichtigen. Gemäß der aktualisierten Ziffer 2. des Merkblatts, basierend auf der ESMA Veröffentlichung vom 2. Februar 2023, wird klargestellt, dass für den Betrieb eines multilateralen Systems grundsätzlich eine Erlaubnis für den Betrieb eines Handelspl ...
[ESMA70-155-13072 ] Opinion on position limits on Milling Wheat
ID 23098
ESMA issued an opinion regarding the position limits for Euronext Milling Wheat No. 2 futures and options contracts set by AMF (eventid=20981). ESMA evaluated whether the new position limits proposed by AMF are in line with the methodology established in RTS 21a and consistent with the objectives of Article 57 of MiFID II. The Euronext Milling Wheat No. 2 contract is the **benchmark for ...
L’AMF révise les limites de position applicables sur les dérivés de matières ...
ID 23095
The AMF has revised the position limits for agricultural commodity derivatives positions traded on Euronext Paris Matif following the amendment on 20 April 2022 of the European Commission Delegated Regulation 2022/1302 supplementing MiFID2 on 20 April 2022. The position limits, which were previously implemented on 3 January 2018, have been revised to reflect market developments. There are **two types of limits set for each ...
European MiFID Template (EMT) V4.1 Editorial Update
ID 23093
Following the publication of the European MiFID Template (EMT V4.1) (please see EventID #20511), the Financial Data Exchange (FinDatEx) platform has published an update containing an editorial amendment within field 09060 „Outcome of PRIN Value Assessment Or Review UK“. Specifically, a formal error in the comments column is corrected by deleting the word „both“.
[ESMA70-155-13070 ] Opinion on position limits on RAPESEED contract
ID 23092
ESMA has published its Opinion on the position limits proposed by AMF (eventid=20981) on rapeseed contracts traded on Euronext Paris. AMF has proposed position limits for the spot month and other months for the rapeseed contracts based on the methodology established by the Regulatory Technical Standards (RTS) 21a. The calculation of the deliverable supply for the rapeseed contract is based on average data over ...
Policymakers threaten to backtrack on pre-trade data for EU consolidated tape
ID 23085
European asset managers are urging policymakers to support the European Parliament’s proposal for an Equities/ETFs consolidated tape that includes five layers of real-time pre-trade data. They argue that a post-trade-only tape will not meet the market demand required to make it commercially viable. The inclusion of pre-trade data would allow market participants to have access to a wider range of information, which would **increase ...