Summary
This proposal delays the application of key EU financial market regulations because the necessary data collection systems are not yet ready. 10 30.06.2016
Other
finance
economy
business and competition
information technology and data processing
Key points
In force from 03/01/2018
- The proposal addresses the need to delay major EU financial market regulations due to technical readiness issues.
- The delay is caused by the complexity of building new IT systems for data collection, such as the Financial Instruments Reference Data System.
- The application date for Regulation (EU) No 600/2014 is extended from January 3, 2017, to January 3, 2018.
- Related dates in the Market Abuse Regulation and Securities Settlement Regulation are adjusted to maintain consistency.
Documents (PDFs)
REPORT on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) No 600/2014 on markets in financial instruments, Regulation (EU) No 596/2014 on market abuse and Regulation (EU) No 909/2014 on improving securities settlement in the European Union and on central securities depositories as regards certain dates
Markets in financial instruments, market abuse and securities settlement ***I
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