Maijoor said the regulator is now shifting its focus to implementation of the rules
The chairman of the European Securities
and Markets Authority (Esma) said Tuesday the regulator has
accepted the majority of changes to three of the regulatory
technical standards under Mifid II called for by the European
Commission in March but rejected suggestions on phase-in
"It is not the first time that we have had
an exchange of views on these three standards in this forum and
I am sure we are all aware how important it is that all three
of them are concluded in a timely and practicable manner while
fully respecting the Level one text of Mifid II... I want to
thank ECON for their letters… the contents of which we
have taken into account as much as possible when issuing our
opinions," said Steven Maijoor, chairman of Esma.
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