2015-09-28
The European Securities and Markets Authority issued this final report containing 28 draft Regulatory and Implementing Technical Standards to implement MiFID II and MiFIR. The standards establish detailed requirements for pre- and post-trade transparency, market microstructure rules, data publication access, and commodity derivatives position limits. Submitted to the European Commission for endorsement, the document defines technical specifications for trading venues, investment firms, and data reporting services to ensure market integrity and investor protection.