ESMA Releases MiFID II Transaction Reporting Guidelines
More pressure for reporting and data accuracy on the buy side, says analyst
The European Securities and Markets Authority has released guidelines on transaction reporting, order record-keeping and clock synchronization under the revised Markets in Financial Instruments Directive (MiFID II).
The guidelines follow the finalization of draft regulatory technical standards (RTS) for MiFID II and the associated Markets in Financial Instruments Regulation. They aim to provide guidance to investment and trading venues, approved reporting mechanisms and competent authorities on
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