Market sources suggest that the Mifid II draft RTS will not be complete
The European Securities and Markets
Authority (Esma) is on course to release its Markets in
Financial Instruments Directive (Mifid) II regulatory technical
standards (RTS) draft rules next week.
A spokesperson told FOW on Wednesday that
the RTS would not be released, as rumoured, on Thursday, but
would be published early next week.
However, according to FOW sources, while
the publication of the RTS will meet Esma’s
September target, the draft will not be complete, with details
on two of the more contentious provisions set to be held back
until later this year.
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