On 8 January 2024, the European Securities and Markets Authority (ESMA) published an updated version of its manual on post-trade transparency under MiFID II / MiFIR.

A summary table of updates on page 11 of the manual explains that ESMA has updated the manual to:

  • Make a correction to section, which concerns the type of transactions subject to post-trade transparency.
  • Include guidance in section, which relates to non-equity transparency calculations.

ESMA also expects to further update the manual shortly in the context of the MiFID II / MiFIR review and the subsequent reviews of Commission Delegated Regulation (EU) 2017/587 and Commission Delegated Regulation (EU) 2017/583. The manual will also be updated addressing new questions from market participants similarly to the Q&A documents. Further details are set out in section 3 of the manual.