Q&A · ESMA
Geographical scope of the temporary suspension of transparency
Answered
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Although the liquidity test for temporarily suspending non-equity transparency (Article 16 RTS 2) is calculated at EU level, each competent authority decides whether to activate the suspension in its own jurisdiction, independently of the others.
Details
| Reference | ESMA_QA_1559 |
|---|---|
| Issuer | ESMA |
| Published | 15 Nov 2017 |
| Answered | 15 Nov 2017 |
| Submitted | 10 Aug 2023 |
| ESMA topics | Non-equity transparency |
| Earlier Q&A document | ESMA 70-872942901-35 MiFIR transparency Q&A, Q&A 4.9 |
Provisions it relates to
- Article 9 MiFIR · Waivers for bonds, structured finance products, emission allowances, derivatives and package ordersInferred · 85%
- MiFIR (whole act)Explicit reference