The Securities and Markets Stakeholders Group (SMSG) has published an own initiative report on product intervention under MiFIR. The purpose of the own initiative report is to:
- give the SMSG’s opinion on two important legal questions relating to MiFIR product intervention (scope of application and whether pre-MiFIR national product intervention measures should be grandfathered);
- summarise national measures already taken before the entry into force of MiFIR; and
- indicate issues where intervention by the European Securities and Markets Authority is considered useful.
View SMSG own initiative report on product intervention under MiFIR, 16 June 2017