ESMA_QA_2881
Topic
Data reporting services providers
06/07/2026
Subject Matter
Consolidated Tape Provider (CTP)
Question
Does the timestamp of the order referred to in Article 3(2) of Commission Delegated Regulation (EU) 2025/1155 refer to the timestamp of the order reception in the system’s gateway or the timestamp that the matcher applies when the order is registered in the order book?
Level 1 Regulation
Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets
ESMA_QA_2872
Topic
EU-CCPs
22/06/2026
Subject Matter
AAR representativeness and intragroup transactions
Question
Can an entity, which is part of a group subject to consolidated supervision, rely on intragroup transactions to fulfil the requirements of the representativeness obligation set out under Article 7a(3), point d, of EMIR?
Level 1 Regulation
Regulation 648/2012 - OTC derivatives, central counterparties and trade repositories (EMIR) - CCPs
ESMA_QA_2883
Topic
Crypto-Asset Service Provider (CASP)
18/06/2026
Subject Matter
Crypto-Asset lending services under MiCA
Question
Can CASPs offer crypto-asset lending services under MiCA, and if so, under which conditions, in particular with respect to the use of clients’ crypto-assets?
Level 1 Regulation
MiCA
ESMA_QA_2882
Topic
Crypto-Asset Service Provider (CASP)
18/06/2026
Subject Matter
Perimeter of advice under MiCA compared to MiFID II
Question
How should the perimeter of advice on crypto-assets under MiCA be understood, and to what extent is it comparable to the notion of investment advice under MiFID II?

In particular, do introductory services – where a person recommends a crypto-asset service provider and/or a crypto-asset service to a client, without recommending specific transactions on crypto-assets – fall within the scope of advice on crypto-assets under MiCA?
Level 1 Regulation
MiCA
ESMA_QA_2867
Topic
EU-CCPs
15/06/2026
Subject Matter
Impact of the new clearing obligation thresholds on the AAR scope
Question
Under the new clearing threshold regime which distinguishes between financial and non-financial counterparties, and uncleared and cleared trades, how should the second AAR condition referred to under Article 7a(1) of EMIR be assessed?
Level 1 Regulation
Regulation 648/2012 - OTC derivatives, central counterparties and trade repositories (EMIR) - CCPs