EU Equity pre- and post-trade transparency regulation (LBF vol. 21) 2021/5.VI.2.2.8.5:5.VI.2.2.8.5 ESMA support in performing SI-assessments

EU Equity pre- and post-trade transparency regulation (LBF vol. 21) 2021/5.VI.2.2.8.5

5.VI.2.2.8.5 ESMA support in performing SI-assessments

Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.

As noted above, ESMA supports investment firms in performing the SI assessments. ESMA calculates, on a voluntary and best effort-basis, the EU trading activity in a given equity instrument, as relevant for the SI-definition. Internalising investment firms struggled to perform such an assessment for the EU trading activity. ESMA has noted that, without the ESMA support, the data required for the determination of the EU trading activity would ‘not easily be available’.1 Since ESMA has the relevant data available - due to (a) the MiFID II reporting requirements for RMs, MTFs and APAs (and CTPs) and (b) delegations from NCAs to ESMA - ESMA decided to assist the investment firms in performing the SI-assessment.2

Deze functie is alleen te gebruiken als je bent ingelogd.