Consultation Paper on the RTS 2 Annual Review

Consultation Paper on the RTS 2 Annual Review

from 12 May 2021 to 11 June 2021


The European Securities and Markets Authority (ESMA) invites responses to the specific questions listed in the Consultation Paper on the transparency regime for non-equity instruments and the trading obligations for derivatives MiFID II/ MiFIR review report published on the ESMA website.

Responding to this paper 

ESMA invites comments on all matters in this paper and in particular on the specific questions summarised in Annex 1. Comments are most helpful if they: 

  1. respond to the question stated;
  2. indicate the specific question to which the comment relates;
  3. contain a clear rationale; and
  4. describe any alternatives ESMA should consider.

Next steps

ESMA will consider all comments received by 11 June 2021.

All contributions should be submitted online at under the heading ‘Your input - Consultations’.

ESMA expects to publish a final report and submit, if necessary, regulatory technical standards to the European Commission for endorsement in July 2021. Following such endorsement, the RTS are then subject to a non-objection procedure by the European Parliament and the Council.

Documents available for this Consultation
12/05/2021ESMA70-156-4233Consultation Paper - Annual RTS 2 Review 2021
12/05/2021ESMA70-156-4233 Response formResponse form - Consultation Paper on the RTS 2 Annual Review