The European Securities and Markets Authority (ESMA) has released its 2020 calendar of MiFID II and MiFIR relevant publications.
It outlines when documents essential to the transparency regime and systematic internalisers’ tests will be distributed.
Omitted from the schedule are daily reference data publication and transparency calculations for recently listed instruments. The monthly release for the operation of the double volume cap mechanism (MiFIR Article 5) is the fifth working day of each month.
Next year will see ESMA issue the first transparency and systemic internalisers calculations for derivatives. During 2019, publications on derivatives were not executed due to data quality problems and the operational impact on ESMA of contingency preparations for the various no-deal Brexit dates.
The regulator hopes to publish this information from April, but due to data quality issues, it could be delayed.
Dates on the calendar may change throughout the year but can be monitored on the ESMA website.
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