In an updated Q&A document, the European Securities and Markets Authority (ESMA) specified the date of publication of the first data set needed to implement the Systematic Internaliser (SI) regime under MiFID II and MiFIR to be 1 August 2018. The corresponding deadline for investment firms to undertake the first of the quarterly assessments is set to 1 September 2018. Nevertheless, opt-in to the SI regime for all financial instruments is already possible from 3 January 2018, for example in order to comply with the trading obligation for shares. Click here for more information on MiFID II.
Category: Group News
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