Regulatory Alerts2026-04-28
FSMA Decision on Supplementary Deferral of Publication for Medium-Sized Belgian Sovereign Bond Transactions
The Belgian Financial Services and Markets Authority (FSMA) has authorized a supplementary deferral for the publication of transaction volumes in medium-sized Belgian sovereign bonds under Article 11(3) of MiFIR. This measure extends the deferral period from the standard 15 minutes to the end of the trading day for Group 1, Category 1 instruments to protect market liquidity and ensure orderly price formation. The decision enters into force on 4 May 2026 and remains subject to FSMA monitoring to balance transparency with market efficiency.
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