ESMA_QA_1596
18/11/2016
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Subject Matter
Data disaggregation
Article 1(1)(b) of RTS 14 requires disaggregation by country of issue for shares. How should “country of issue” be interpreted? Is this also required for non-EU countries?
ESMA Answer
18-11-2016

[ESMA 70-872942901-38 MiFID II MiFIR market structures Q&A, Q&A 2.3]

Country of issue should be interpreted as the home Member State of the issuer, as defined in Article 2(1)(i) of the Transparency Directive[1], including where the issuer is incorporated in a third country.

[1] Directive 2004/109/EC of the European Parliament and of the Council of 15 December 2004 on the harmonisation of transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market and amending Directive 2001/34/EC.

Status: Answer Published

Additional Information

Level 1 Regulation
Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets
Level 2 Regulation
Regulation 2017/572 - RTS on data disaggregation (RTS 14)
Level 3 Regulation
ESMA70-872942901-38 - Q&A on MiFID II and MiFIR market structures topics
Topic
Data reporting services providers