The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, today publishes a statement reminding firms to consider inflation and inflation risk when applying relevant MiFID II requirements in the interest of investor protection.

Over the past months inflation rates have risen in the EU, as in the rest of the world, and this growth in inflation has impacted households both in their daily lives and in their investments and investment decisions.

ESMA notes that from an investor protection perspective, this trend...

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, consults on how National Competent Authorities (NCA) should ensure that trading venues have appropriate communication protocols in case of a market outage.

The consultation paper seeks feedback from market participants on its proposed guidance, and in particular on the proposals that:

• trading venues should have appropriate communication protocols in place ensuring communication to members, participants and the public during an outage
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