MiFID2: ITS on suspension and removal of financial instruments from trading, cooperation agreements in respect of trading venues of substantial importance in a host Member State, and cooperation in supervisory activities and authorisation published in Off
Tuesday 20 June 2017 Clifford ChanceThe following Commission Implementing Regulations laying down implementing technical standards (ITS) under MiFID2 have been published in the Official Journal:
- Commission Implementing Regulation 2017/980 specifying standard forms, templates and procedures for cooperation in supervisory activities, for on-site verifications, and investigations and exchange of information between competent authorities – this Regulation will enter into force on 30 June 2017 and will apply from 3 January 2018;
- Commission Implementing Regulation 2017/981 specifying standard forms, templates and procedures for the consultation of other competent authorities prior to granting an authorisation – this Regulation will enter into force on 30 June 2017 and will apply from 3 January 2018;
- Commission Implementing Regulation 2017/988 with regard to standard forms, templates and procedures for cooperation agreements in respect of a trading venue whose operations are of substantial importance in a host Member State – this Regulation will enter into force on 3 July 2017 and will apply from 3 January 2018.
- Commission Implementing Regulation 2017/1005 with regard to the format and timing of publications and communications on the suspension and removal of financial instruments from trading – this Regulation will enter into force on 6 July 2017 and will apply from 3 July 2018.