On the 31^st August 2015, the European Securities and Markets Authority (ESMA) published a consultation paper in connection with the last remaining draft implementing technical standards under MiFID II; namely relative to trading suspensions, data service providers and derivatives reporting.

ESMA’s said consultation paper covers and provides the proposed draft implementing technical standards in relation to:

• the suspension and removal of financial instruments from trading on a trading venue,
• the notification and provision of information for data reporting services providers (DRSPs) and
• the weekly aggregated position reports for commodity derivatives, emission allowances and derivatives thereof.

The consultation will run until the 31^st October 2015, following which ESMA will finalise its draft implementing technical standards and send the same for endorsement to the European Commission. MiFID II/ MiFIR and its implementing measures will be applicable from the 3^rd January 2017.

The full consultation paper is available for download from ESMA’s official website.