Who has an obligation to transaction report? Will non-European firms have to report under MiFIR?

October 12, 2017

MiFIR & MiFID II apply to investment firms within EEA member states and their branches located outside of the EEA when they engage in a transaction in a reportable instrument. Also, investment firms from outside the EEA will have a reporting obligation when operating from branches or subsidiaries within the EEA.  Keep an eye out for our upcoming blog article on the extra-territorial reach of MiFIR.