Regulatory Alerts2018-04-19
Circular CSSF 18/691 — Update of Circular CSSF 17/668 concerning ESMA Guidelines on MiFID II circuit breakers
The CSSF issued Circular 18/691 to update Circular 17/668 regarding the implementation of ESMA Guidelines on circuit breaker calibration and trading halt publication under MiFID II. This amendment provides specific details on the reporting requirements for circuit breaker parameters to ensure regulatory compliance. Market participants must adhere to these updated provisions to maintain proper oversight of trading halts and volatility mechanisms.
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