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ARTICLE · 23 FEBRUARY 2024

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Council of the European Union publishes texts of proposed Directive and Regulation to improve MiFID II market data access and transparency...

IrelandFinance and Banking
Matheson LLP
Matheson LLP
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1. MiCA and MiFID Updates

Council of the European Union publishes texts of proposed Directive and Regulation to improve MiFID II market data access and transparency

On 2 February 2024, the Council of the European Union published the texts of the proposed Regulation amending the Markets in Financial Instruments Regulation ("MiFIR") and of the proposed Directive amending the Markets in Financial Instruments Directive ("MiFID").

  • text of the proposed Regulation amending MiFIR as regards enhancing data transparency, removing obstacles to the emergence of consolidated tapes, optimising the trading obligations and prohibiting receiving payment for order flow; and
  • text of the proposed Directive amending MiFID II.

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