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ARTICLE · 13 OCTOBER 2015

MiFID II, MAR And CSDR - Final Technical Standards Published By ESMA

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The European Securities and Markets Authority (ESMA) published its final technical standards (TS) on the 28th September 2015 with respect to three of the most important pieces of post-crisis financial regulation...

European UnionFinance and Banking
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The European Securities and Markets Authority (ESMA) published its final technical standards (TS) on the 28th September 2015 with respect to three of the most important pieces of post-crisis financial regulation:

  • The Markets in Financial Instruments Directive (MiFID II): the objective of this directive is to increase market transparency, efficiency and safety. Once implemented, the TS will bring the majority of non-equity products into a robust regulatory regime, and bring a significant part of OTC trading onto regulated platforms. The main points which are enhanced in this respect are fairer, safer and more efficient markets, greater transparency and stronger investor protection.

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