2023-01-17

Added · Updated

Commission Delegated Regulation (EU) 2023/945 amending transparency requirements for non-equity instruments

The European Commission amends Delegated Regulation (EU) 2017/583 to standardize transparency reporting for transactions in non-equity instruments, including bonds, derivatives, and structured finance products. The regulation introduces specific pre-trade transparency requirements for hybrid trading systems, mandates consistent formatting for price and notional amount disclosures, and adds a portfolio trade flag to public reports. These changes apply to trading venues, approved publication arrangements, and investment firms, with the new rules taking effect on 1 January 2024.

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