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ESMA’s new Q&A – MiFIR Latest update – 02 February 2024

Topic

ESMA’s new Q&A – MiFIR Latest update

Date:

02 February 2024

Regulations

MiFIR

Level of significance of change

Minor

For list of Q&A as of 1 January 2024, ESMA has directed to locate them on the ESMA Q&A website.

Main points

ESMA_QA_1510

*NEW*

Transaction reporting

How are different national identifiers specified in Annex II of RTS 22 represented?

United Kingdom has been removed from ESMA’s Annex II. Post Brexit, the UK is no longer part of the EU and is treated as a third country under EU MiFIR Reporting.

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Quinn Perrott

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Quinn Perrott

Quinn is co-CEO and founder of TRAction and focuses on assisting clients in Europe, Asia and Australia to meet their regulatory requirements with trade and transaction reporting solutions as well as development of the best execution platform. With a background in IT, Quinn started in the financial markets as IT Manager for City Index. He then co-founded and worked as a General Manager at one of Australia’s largest margin FX and CFD providers. Quinn has provided educational sessions to Australia’s regulatory bodies in relation to operational aspects of derivatives and trading platforms.