EU authorities have moved to ease major reporting requirements under MiFID II as firms continue to battle the impact of the coronavirus pandemic across Europe. The European Securities and Markets Authority (ESMA) confirmed in a statement that
The COVID-19 pandemic has spread like wildfire; it has created difficulties across the globe and has effected not just our economies, but also our societies, healthcare and financial institutions, all of which have had to acclimatise to
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, is issuing a Public Statement to ensure coordinated supervisory actions by national competent authorities (NCAs) on the application of the new tick-size regime for systematic internalisers under
ESMA now expects trade repositories, credit institutions, investment firms to be ready for SFTR reporting from 13 July, alongside CSDs and CCPs. ESMA (European Securities and Markets Authority) has effectively allowed banks and investment firms a three-month
Traders taking a short position in shares traded within the EU must now disclose their position to the relevant national competent authority if it reaches or exceeds 0.1 percent of the issued share capital.
EUROPE ECB, EBA and ESMA issue statements regarding COVID-19 impact and mitigation actions They are monitoring the financial market as a result of the COVID-19 situation, taking contingency measures in coordination with NCAs to mitigate the impact