The European Securities and Markets Authority (ESMA) has issued a communication regarding the launch of reference data submission under the Market Abuse Regulation (MAR).
In the communication ESMA announces that its IT system for the collection of financial instrument reference data under Article 4(1) of MAR (i.e. the Financial Instrument Reference Data System – FIRDS) will become operational starting from 17 July 2017.
From 17 July 2017, market operators of regulated markets as well as investment firms and market operators operating multilateral trading facilities will be able to transmit via FIRDS reference data concerning financial instruments for which a request for admission to trading was made, which were admitted to trading or were traded from 3 July 2016 onwards.
ESMA invites financial market participants to contact directly their competent authorities for further details concerning their compliance with Article 4(1) of MAR regarding the financial instruments concerned as well as any questions regarding the delegation arrangements between competent authorities and ESMA in relation to FIRDS.
View ESMA announces launch of reference data submission under MAR, 30 May 2017