ESMA Launches Consultation Paper on MiFIR Transparency Requirements

ESMA Launches Consultation Paper on MiFIR Transparency Requirements

ESMA has launched a consultation paper on RTS 1 and RTS 2 on MiFIR transparency requirements. The consultation paper covers technical issues and addresses topics that do not require a prior change to MiFID II/MiFIR, and aims to provide more robust guidance for reporting firms around topics such as commodity derivatives, clarity around fields for post-trade transparency and reference data and clarity around non-price forming transactions. The deadline is 1 October 2021. The full release and consultation paper can be found here.