The European Securities and Markets Authority (ESMA) has updated its Questions and Answers on data reporting under the Market in Financial Instruments Regulation (MiFIR).

The Q&A provide clarifications in relation to the requirements for submission of reference data and transactions under MiFIR. In particular, the Q&As relate to the reporting of reference rates not included in RTS 22 and 23, under art. 26 and art. 27 of MiFIR.

The amendments to the existing Q&A on MiFIR data reporting becomes effective from 06 December 2019.

The purpose of this Q&A is to promote common supervisory approaches and practices in the application of MiFIR. It provides guidance to Investment Firms, Trading Venues, ARMs and Systematic Internalisers on compliance with the reporting provisions of MiFIR.

ESMA will periodically review these Q&A and update them where required.

Source: ESMA