The European Commission has adopted a Delegated Regulation supplementing MiFID II with regard to regulatory technical standards (RTS) specifying information to be notified by investment firms, market operators and credit institutions.

Articles 34(8) and 35(11) of MiFID II empower the European Securities and Markets Authority to develop an exhaustive list of information to be notified to the relevant Member State competent authority by investment firms and credit institutions exercising their rights under the freedom to provide services or the freedom of establishment. The objective of the RTS is to enhance clarity, certainty and predictability in the notification process for investment firms and to facilitate internal process within competent authorities through the use of harmonised documents.

The Commission has also adopted a Delegated Regulation supplementing MiFIR with regard to RTS specifying the obligation to clear derivatives traded on regulated markets and timing of acceptance for clearing.

The Delegated Regulations are subject to scrutiny by the Council of the EU and the European Parliament.

View European Commission (DG FISMA): Commission Delegated Regulation (EU) …/… of 29.6.2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council on markets in financial instruments with regard to regulatory technical standards specifying information to be notified by investment firms, market operators and credit institutions, 29 June 2016

View European Commission (DG FISMA): Commission Delegated Regulation (EU) …/… of 29.6.2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards specifying the obligation to clear derivatives traded on regulated markets and timing of acceptance for clearing, 29 June 2016