EU Equity pre- and post-trade transparency regulation: from ISD to MiFID II
Einde inhoudsopgave
EU Equity pre- and post-trade transparency regulation (LBF vol. 21) 2021/13.III.3.7:13.III.3.7 Organisational requirements
EU Equity pre- and post-trade transparency regulation (LBF vol. 21) 2021/13.III.3.7
13.III.3.7 Organisational requirements
Documentgegevens:
mr. J.E.C. Gulyás, datum 01-02-2021
- Datum
01-02-2021
- Auteur
mr. J.E.C. Gulyás
- JCDI
JCDI:ADS267071:1
- Vakgebied(en)
Financieel recht / Bank- en effectenrecht
Financieel recht / Europees financieel recht
Financiële dienstverlening / Financieel toezicht
Toon alle voetnoten
Voetnoten
Voetnoten
Art. 65(4), first sentence, MiFID II. In particular, a market operator or an APA, who also operates a consolidated tape, must treat all information collected in a non-discriminatory fashion and must operate and maintain appropriate arrangements to separate different business functions. See art. 65(4), second sentence, MiFID II.
Deze functie is alleen te gebruiken als je bent ingelogd.
CTPs must also fulfill organizational requirements. A MiFIR Delegated Regulation provides guidance to these requirements.1 In addition to having sound security mechanisms designed to minimize data the risk of data corruption,2MiFID II requires CTPs to: (i) have in place administrative arrangements designed to prevent conflicts of interest;3 and (ii) maintain adequate resources and have back-up facilities in place in order to offer and maintain its services at all times.4 A MiFIR Delegated Regulation specifies the concrete organizational requirements.5