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Anjum Shabbir
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4th February 2020
Banking & Finance

Third countries, MIFIR and MIFID II: Consultation

ESMA, the European Securities and Markets Authority, has opened a consultation on MiFIR and MiFID II, as amended with new data reporting requirements from third country firms, by the Investment Firms Regulation 2019/2033 and Directive 2019/2034. It concerns draft technical standards on investment services and activities in the EU by third country firms.

Once ESMA has received responses to this consultation, it will consider them in developing the draft Technical Standards for the European Commission.

More information is available on ESMA’s website here.

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