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ESMA_QA_2845
Topic
White paper
12/05/2026
Subject Matter
Machine-readable (XBRL) format requirement for modified white papers
Question
When a reporting entity (e.g., an issuer, offeror, or person seeking admission to trading) notifies a modification of a white paper originally submitted before the entry into application of Commission Implementing Regulation (EU) 2024/2984 on 23 December 2025, is the reporting entity required to submit the modified white paper in the machine-readable format specified in the regulation?
Level 1 Regulation
MiCA
ESMA_QA_2839
Topic
Prevention and detection of market abuse, including STORs
30/04/2026
Subject Matter
Annually conducted audit under Commission Delegated Regulation (EU) 2016/957
Question
Under Article 2(5)(b) of Commission Delegated Regulation (EU) 2016/957 (“RTS on STORs”), should the annually conducted audit of arrangements, systems and procedures be performed by an external auditor, or would an internal audit be sufficient? How should the “internal review” mentioned alongside the audit be understood?
Level 1 Regulation
Market Abuse Regulation (MAR) Regulation (EU) No 596/2014 - Market Intergrity
ESMA_QA_2829
Topic
Data reporting services providers
01/04/2026
Subject Matter
Trading status for on halt/suspended instruments
Question
Are MTFs and OTFs required to generate instrument status messages even when the instrument is already on halt / suspended by a primary exchange?
Level 1 Regulation
Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets
ESMA_QA_2828
Topic
Data reporting services providers
01/04/2026
Subject Matter
Consolidated Tape Provider (CTP)
Question
Are APAs expected to transmit regulatory data to the CTPs?

Level 1 Regulation
Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets
ESMA_QA_2827
Topic
Data reporting services providers
01/04/2026
Subject Matter
Consolidated Tape Provider (CTP)
Question
For trading venues subject to the obligations in Article 12 (1) of Commission Delegated Regulation (EU) 2025/1155, which requires business clocks capable of achieving a granularity of 0.1 microseconds, would the dissemination of timestamps at this level of granularity in their existing market data feeds be considered compliant with the requirements in Articles 5 and 6 of Delegated Regulation (EU) 2025/1155 to provide timestamps to the CTPs with a less granular precision of six decimal places?
Level 1 Regulation
Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets