The Committee of European Securities Regulators (CESR) has updated its paper entitled Waivers from Pre-trade Transparency Obligations under the Markets in Financial Instruments Directive.

CESR has now included a new example in red font which relates to the 'Negotiated Trade Waiver' and Article 18(1)(b) of the MiFID Implementing Regulation.

View Waivers from Pre-trade Transparency Obligations under MiFID - Updated, 6 January 2010