ESMA UPDATES Q&A ON MIFIR DATA REPORTING

28 September 2020

Metadata
Provider: 
ECEC
URL: 
https://www.esma.europa.eu/press-news/esma-news/esma-updates-qa-mifir-data-reporting-8https://www.esma.europa.eu/press-news/esma-news/esma-updates-qa-mifir-data-reporting-8
Retrieved on: 
Tuesday, September 29, 2020
Information
Tags: 
Financial markets, Finance, Money, Financial regulation, Systemic risk, European Union directives, European Union, Financial Instruments Reference Database System, Directive 2014/65/EU, European Securities and Markets Authority, Esma, Issuer
Summary
Key Points: 
  • 28 September 2020

    MiFID - Secondary Markets

    Supervisory convergence

    The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, has today updated its Questions and Answersdocument on data reporting under the Market in Financial Instruments Regulation (MiFIR).

  • The newly added Q&A clarifies which LEI should be used to identify the issuer when reporting reference data on funds to FIRDS under MAR Article 4 and MiFIR Article 27.
  • ESMA has observed that the lack of a public Q&A on this matter created uncertainty and resulted in inconsistent reporting of the LEI in the issuer field of the reference data report.
  • It provides guidance to Investment Firms, Trading Venues, ARMs and Systematic Internalisers on compliance with the reporting provisions of MiFIR.
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