On August 25, the European Parliament confirmed it has not objected to a delegated regulation (Delegated Regulation) made under the Markets in Financial Instruments Regulation (MiFIR). The Delegated Regulation covers definitions, transparency, portfolio compression and supervisory measures on financial product intervention and positions and was adopted by the European Commission in May.

As mentioned in previous updates regarding other delegated regulations, the Delegated Regulation will be published in the Official Journal of the European Union and will go into effect 20 days following publication.

For more information, see the Corporate & Financial Weekly Digest editions of August 26, July 22, June 17, June 10, May 27, May 20, April 29 and April 15.

The European Parliament updated its online procedure file for the Delegated Regulation to indicate its non-objection, which can be found here.