European Union: ESMA Consultation On Consolidated Tape For Non Equity Products RTS Under MiFID II: Responses

On December 8, 2016, ESMA published the responses it has received to its consultation on draft regulatory technical standards (RTS) specifying the scope of the consolidated tape for non equity financial instruments under Article 65(8)(c) of the MiFID II Directive (2014/65/EU).

Respondents include:

• The Investment Association;
• International Capital Market Association;
• Wholesale Markets Brokers' Association (WMBA)
• Association française des investisseurs institutionnels; and
• Deutsche Börse Group.

ESMA will use the feedback it receives to finalize the draft RTS, which will be submitted to the Commission for endorsement. The date of application of MiFID II Directive and MiFIR is January 3, 2018.

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