2023-01-17
Added · Updated
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.