FIA EPTA has responded to a European Securities and Markets Authority consultation on transparency in derivatives, referred to as package 4 of Regulatory Technical Standards under the Market in Financial Instruments Regulation Review.
The response emphasises that a revised MiFIR regime must not take a step back from the current level of post-trade transparency, as doing so would further disadvantage EU derivatives markets on the global stage. FIA EPTA sees an opportunity to bring Europe more closely in line with regulation and practices in international markets, should ESMA be prepared to take an ambitious approach to transparency.
Please find the consultation response here.
