On January 29, the European Securities and Markets Authority (ESMA) updated its protocol on the operation of its MiFID database (ESMA/2013/68b).

The protocol relates to practical arrangements for the cooperation of the national competent authorities (NCAs) of the member states and the staff of ESMA. The purpose behind it is to ensure these bodies manage the calculation and publication of market transparency calculations required under Article 33 of the MiFID Implementing Regulation (Regulation 1287/2006) between them. Protocol.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.