ESMA has published updated Q&As on the implementation of the Markets in Financial Instruments Directive (MiFID II) and the Regulation on Markets in Financial Instruments (MiFIR). The updated questions relate to the temporary opt-out, exemptions and timing for applications for exchange-traded derivatives trading venues.

This follows a report from the European Commission (the Commission) on the need to temporarily exclude exchange-traded derivatives from the scope of Articles 35 and 36 of MiFIR. The report concluded that it is not necessary to temporarily exclude exchange-traded derivatives from the scope of these articles.

Read the Q&As here »

Read the report »