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On 17 February the European Commission launched a public consultation to gather stake-holders views on MiFID/MiFIR. Indeed, MiFID/R 2 included revision clauses triggering a re-consideration of certain aspects of MiFID/R. The European Commission is due to present a report and proposals for review to the co-legislators in Q3 2020. This report will also include the conclusions of the consultations carried out by ESMA on the functioning of certain aspects of the MiFID/R framework.
According to the EU Commission, MiFID and MiFIR support the objectives of the CMU, the digital finance agenda and the sustainable finance agenda. The current consultation includes two types of questions:
- General questions dedicated to the scope and the timeline of the review. i.e....
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