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ARTICLE · 18 JULY 2024

ESMA Publishes Third Consultation Package On MiFIR Review

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On 10 July 2024, the European Securities and Markets Authority (ESMA) published its third consultation package (CP3).Show Footnote CP3's 359 pages are delivered

GermanyFinance and Banking
Michael Huertas
Michael Huertas
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RegCORE – Client Alert | Capital Markets Union

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On 10 July 2024, the European Securities and Markets Authority (ESMA) published its third consultation package(CP3). Show Footnote CP3's 359 pages are delivered in furtherance of reforms to the EU's Markets in Financial Instruments Regulation (MiFIR) Show Footnote and the Markets in Financial Instruments Directive II(MiFID II ) Show Footnote (as amended, including in the MiFIR/MiFID II Review) Show Footnote, as supplemented by related rulemaking instruments.

CP3 is comprised of seven sections. The various Annexes to CP3 present technical advice as well as the legal drafting of the proposed L2 amendments as well as for the new implementing technical standards (ITS) and draft regulatory technical standards (RTS).

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