The European Securities and Markets Authority has updated its Q&A documents covering MiFID II market structure, the Market Abuse Regulation and the Short Selling Regulation. The move forms part of ESMA’s broader simplification and burden-reduction initiative. According to the Techub News digest, the regulator removed guidance it considers outdated, duplicative or no longer relevant. ESMA said the purpose of the revision is to cut unnecessary complexity, withdraw obsolete guidance and keep its Q&A documents aligned with the current legislative framework. The update is also intended to ensure the documents remain relevant, proportionate and consistent with existing rules.
The European Securities and Markets Authority (ESMA) has updated its Q&A documents on MiFID II market structure, the Market Abuse Regulation (MAR) and the Short Selling Regulation (SSR), according to Techub News.
The update is part of ESMA’s simplification and burden-reduction initiative. The regulator removed guidance described as outdated, duplicative and no longer relevant.
ESMA said the step is meant to reduce unnecessary complexity, withdraw obsolete guidance and keep its Q&A documents relevant, proportionate and consistent with the current legislative framework.
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