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MiFID2: ITS on suspension and removal of financial instruments from trading, cooperation agreements in respect of trading venues of substantial importance in a host Member State, and cooperation in supervisory activities and authorisation published in Off

20/06/2017 Clifford Chance

The following Commission Implementing Regulations laying down implementing technical standards (ITS) under MiFID2 have been published in the Official Journal:

 

  • Commission Implementing Regulation 2017/980 specifying standard forms, templates and procedures for cooperation in supervisory activities, for on-site verifications, and investigations and exchange of information between competent authorities – this Regulation will enter into force on 30 June 2017 and will apply from 3 January 2018;
  • Commission Implementing Regulation 2017/981 specifying standard forms, templates and procedures for the consultation of other competent authorities prior to granting an authorisation – this Regulation will enter into force on 30 June 2017 and will apply from 3 January 2018;
  • Commission Implementing Regulation 2017/988 with regard to standard forms, templates and procedures for cooperation agreements in respect of a trading venue whose operations are of substantial importance in a host Member State – this Regulation will enter into force on 3 July 2017 and will apply from 3 January 2018.
  • Commission Implementing Regulation 2017/1005 with regard to the format and timing of publications and communications on the suspension and removal of financial instruments from trading – this Regulation will enter into force on 6 July 2017 and will apply from 3 July 2018.