Web9 feb. 2024 · This misalignment arises because the scope of the DTO under MiFIR: in respect of FCs, is defined with a cross-reference to the definition of FC in EMIR (as amended by EMIR Refit), ... Web1.1 In July 2024, we consulted in CP21/22 on amendments to the list of derivatives subject to the derivatives trading obligation (DTO) in line with Articles 28 and 32 of UK MiFIR (onshored Regulation (EU) No 600/2014 on Markets in Financial Instruments), as further specified under the UK regulatory technical standards (RTS) 4 (onshored Commission …
EU MIFID REVIEW: THE MIFIR2/MIFID3 LEGISLATIVE PROPOSALS
WebMiFIR DTO 3.1 Amendments in relation to Financial Counterparties 8. One of the crucial changes introduced by EMIR Refit is the distinction between two types of financial … and the MiFIR Derivative Trading Obligation (DTO) for credit and rates, which are believed to have stimulated the trading of derivatives on trading venues and especially buy-side firms are pleased with this development. In a similar line of thought, many market participants also credit MiFID II breeze lightning coat
ESMA sets out its final view on the derivatives trading obligation …
Web10 okt. 2024 · The much-anticipated technical standards for reporting under the European Markets Infrastructure Regulation (EMIR Refit) have just been published to the Official Journal of the European Union. This... Web24 okt. 2024 · This would enable EU firms to comply with their MiFID II/MiFIR derivatives trading obligation (DTO) by executing transactions in the specified derivatives either on an EU authorised trading venue or on a CFTC-authorised SEF or DCM. WebIf such misalignment between MiFIR DTO and EMIR Refit CO is maintained, exempted counterparties from CO under EMIR Refit will de facto be subject to clearing through MiFIR DTO undermining all advancements brought by EMIR Refit. EFAMA reply to the EU Commission's consultation on EMIR REFIT breeze leeds city council