On 31 March 2017, MiFID II delegated acts and technical standards (Level 2) were published in the Official Journal of the European Union.
The delegated acts cover important topics including the organisational and product governance requirements, inducement regime, information to client and reporting, etc.
Alongside this publication, and in order to further clarify some concepts and obligations provided in MiFID II (Level 1 and Level 2), ESMA publishes and regularly updates various Q&A e.g.:
- ESMA Q&A on MiFID II and MiFIR investor protection topics - 4 April 2017 ( ESMA 35-43-349)
- ESMA Q&A on MiFIR data reporting - 2 February 2017 ( ESMA 70-1861941480-56)
- ESMA Q&A on MiFID II and MiFIR commodity derivatives topics - 5 April 2017 ( ESMA 70-872942901-28)
- ESMA Q&A on MiFID II and MiFIR market structures topics (secondary markets) - 5 April 2017 ( ESMA 70-872942901-38)
- Updated ESMA Q&A on MiFID and MiFIR transparency topics (secondary markets) - 5 April 2017 (ESMA 70-872942901-35).
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.