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ESMA updates its MiFID II Q&As

31 May 2017

The European Securities and Markets Authority (ESMA) has updated today its Q&As on practical questions regarding the implementation of Market in Financial Instruments Directive (MiFID II).

The updated Q&As include new answers regarding:

The purpose of this document is to promote common supervisory approaches and practices in the application of MiFID II and MiFIR. The Q&A mechanism is a practical convergence tool used to promote common supervisory approaches and practices. It should also help investors and other market participants by providing clarity on the requirements. ESMA will periodically review these Q&As and update them where required.