ESMA issued Question and Answers (Q&As) on post-trading issues related to the implementation of the second Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). MiFID II will enter into application on January 03, 2018 and will strengthen the protection of investors by introducing new requirements and strengthening existing ones.
The purpose of this Q&A is to promote common supervisory approaches and practices in the application of MiFID II/MiFIR for post-trading topics. The Q&A document provides responses to questions posed by the general public, market participants, and competent authorities in relation to the practical application of MiFID II/MiFIR requirements.
Related Link: Q&As on MiFID II Post-Trading Issues (PDF)
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