ESMA_QA_1558
15/11/2017
Subject Matter
Temporary suspension of transparency for bonds
Original question
How is the concept of “class of bonds” to be understood in respect of the temporary suspension of transparency?
ESMA Answer
15-11-2017
Original language
[ESMA 70-872942901-35 MiFIR transparency Q&A, Q&A 4.8]
Since the suspension of transparency under Article 9(4) and 11(2) of MiFIR applies at a class level, with respect to bonds, the classes of bonds defined in Table 2.2 Annex III of RTS 2 should be used.
Status: Answer Published
Additional Information
Level 1 Regulation
Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets
Topic
Non-equity transparency