somes

Extension of implementation dates for financial markets regulation

Summary

This report proposes delaying the implementation dates for certain rules regarding financial instruments because the required data collection systems are not yet fully operational.
10 30.06.2016
Other
economy
european union
financial institutions and credit
information technology and data processing

Key points

  • Delaying the implementation of financial market regulations due to insufficient technical infrastructure.
  • Ensuring the availability of a centralized data system for financial instruments to support market oversight.
  • Postponing the date by which Member States must apply the new rules from early 2017 to early 2018.
  • Extending deadlines for various transparency and reporting requirements throughout 2018, 2019, and 2020.
Documents (PDFs)
REPORT on the proposal for a directive of the European Parliament and of the Council amending Directive 2014/65/EU on markets in financial instruments as regards certain dates Markets in financial instruments ***I
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