The European Securities and Markets Authority (ESMA) has published its Final Report on the MiFID II and MiFIR draft technical standards (TS) on authorisation, passporting, registration of third country firms and cooperation between competent authorities.
The Final Report covers the majority of the draft regulatory technical standards and implementing technical standards on investor protection topics which ESMA is expected to develop. The remaining draft TS ESMA is mandated to develop under MiFID II and MiFIR will be published by the end of 2015.
The Final Report sets out the feedback statement to the Consultation Paper that ESMA published on 19 December 2015 and provides an analysis of the responses to the consultation, describes any material changes to the technical standards (or confirms that there have been no material changes), and explains the reasons for this in light of the feedback received.
View ESMA publishes the Final Report on draft technical standards on MiFID II and MiFIR, 30 June 2015