Regulatory Alerts2022-05-02
ESMA Opinion on amendments to draft RTS on liquidity contracts for SME Growth Market issuers
ESMA issued this opinion to formally agree with the European Commission's proposed amendments to its draft Regulatory Technical Standards on liquidity contracts for SME Growth Market issuers. The adopted changes introduce explicit price limits for liquidity providers and specify exceptional circumstances under which providers are exempt from placing orders on both sides of the order book. These amendments aim to enhance regulatory clarity and ensure market integrity without diverging from ESMA's original objectives.
Share