ESMA Updates MiFID II Q&As on Transparency Topics


On February 7, the European Securities and Markets Authority (“ESMA”) published an updated version of its questions and answers (Q&As) on transparent topics under MiFID II Directive (2014/65/EU) and the Markets in Financial Instruments Regulation (Regulation 600/2014). The Q&As were last updated in December 2017.

The two new Q&As are in relation to pre-trade transparency waivers.