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ARTICLE · 17 NOVEMBER 2016

Financial Markets In Brief – New Regulation And Other Developments-November 2016

De Brauw Blackstone Westbroek
De Brauw Blackstone Westbroek
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De Brauw Blackstone Westbroek

De Brauw Blackstone Westbroek

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There have been many developments in national and European financial markets regulation during the past month.

NetherlandsFinance and Banking
Mariken Van Loopik
Mariken Van Loopik
Francine Schlingmann
Francine Schlingmann
Kees Groffen
Kees Groffen
Ernest Swantee
Ernest Swantee
DaniëLle Pos
DaniëLle Pos
René Maatman
René Maatman
Jan Marten Van Dijk
Jan Marten Van Dijk
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There have been many developments in national and European financial markets regulation during the past month. Among other things, the ESMA has issued instructions and guidelines regarding transaction reporting under MiFID II / MiFIR. In this article we provide a brief overview of these and other developments.

ESMA instructions and guidelines on MiFID II / MiFIR reporting

On 10 October 2016, the ESMA published final guidelines on the implementation of the transaction reporting regime under the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR), and a final report setting out the consultation feedback ESMA received about the implementation.

The guidelines specify how to implement transaction reporting, order recordkeeping and clock synchronisation requirements. The regulatory technical standards (RTS) on the reporting of transactions to competent authorities are still being scrutinised by the European Parliament and Council, so it is

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