ESMA_QA_2304
Topic
Position limits
11/10/2024
Subject Matter
Q&A on lot sizes and position limits
Question
In the gas derivatives market, lot sizes defined in the contract specification by trading venues do not represent a standard quantity of the underlying across all market areas, for the same maturity. How should the open interest in lots be calculated for gas derivatives, for the application of position limits in Article 57(1) of MiFID II?
Level 1 Regulation
Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Secondary Markets
ESMA_QA_2303
Topic
Managers' transactions
10/10/2024
Subject Matter
Application of a new exception to PDMRs’ general prohibition to trade during the close period
Question
Does Article 19(12a) of MAR require issuers to expressly allow their PDMRs to trade during a closed period in the case of transactions or trade activities that do not relate to active investment decisions, that result exclusively from external factors or actions of third parties, or that are based on predetermined terms?
Level 1 Regulation
Market Abuse Regulation (MAR) Regulation (EU) No 596/2014 - Market Intergrity
ESMA_QA_2301
Topic
ICT third-party risk management
08/10/2024
Subject Matter
ICT Service definition
Question
Related to the definition provided by the Regulation, what are the criteria that can be used to identify the continuity component (i.e "on ongoing basis) mentioned?
Level 1 Regulation
Regulation (EU) 2022/2554 - The Digital Operational Resilience Act (DORA)
ESMA_QA_2295
Topic
Crypto-Asset Service Provider (CASP)
02/10/2024
Subject Matter
Status of entities providing crypto-asset services as part of the grandfathering regime
Question
Are Crypto-asset service providers that provided their services in accordance with applicable law before 30 December 2024 and which are authorised to continue to do so under the law of a Member State in accordance with Article 143 of MiCA, considered to be crypto-asset service providers under the terms of MICA during the transitional period until they are authorised?
Level 1 Regulation
MiCA
ESMA_QA_2293
Topic
Crypto-Asset Service Provider (CASP)
30/09/2024
Subject Matter
Proprietary trading under MICA
Question
Do firms dealing on own account with regards to crypto-assets require a CASP license?
Level 1 Regulation
MiCA