Modernizing EU Financial Market Transparency and Data Standards

by name voted on 16.01.2024

Summary

This report proposes updates to European financial market regulations to improve transparency and data availability. It focuses on creating a centralized data system and refining rules for various market participants.

9 16.01.2024

Report

economy

business and competition

financial institutions and credit

information technology and data processing

Key points

Creation of a centralized database to provide a unified view of prices and volumes across all EU trading venues.
Implementation of higher data quality and synchronization standards for all market participants contributing to the new data system.
Simplification of the rules for systematic internalisers by moving from strict mathematical thresholds to qualitative assessments for equity markets.
Enhanced transparency requirements for regulated markets regarding how and why they trigger trading halts during periods of high volatility.

Vote

PPE

S&D

Renew

Verts/ALE

ECR

ID

NI

The Left

Total

Speeches

1 Speech in total

Pro

Contra

Roberta METSOLA

Roberta METSOLA

PPE

0:30 min

8. Negotiations ahead of Parliament’s first reading (Rule 71)

Documents (PDFs)

PROVISIONAL AGREEMENT RESULTING FROM INTERINSTITUTIONAL NEGOTIATIONS Proposal for a directive of the European Parliament and of the Council amending Directive 2014/65/EU on markets in financial instruments DRAFT 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 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 Amendments to the Markets in Financial Instruments Directive (MiFID II)

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