Law360, London (November 14, 2017, 6:27 PM GMT) -- Europe’s securities regulator made a series of clarifications on Tuesday for firms struggling with some of the data reporting requirements they will need to comply with when MiFID II enters into force, including for commodity derivatives.
The European Securities and Markets Authority has published three separate documents addressing industry confusion over different rules in the wide-ranging second Markets in Financial Instruments Directive. The guidance covered questions spanning such topics as the treatment of over-the-counter transactions concluded on non-EU trading venues, as well as how to handle different position limits for options and futures.
MiFID II should have been implemented nationally across...
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