MFSA Circular – ESMA Mandate for Technical Advice on MiFID II / MiFIR

MFSA Circular – ESMA Mandate for Technical Advice on MiFID II / MiFIR

On the 28th April 2014, the Malta Financial Services Authority (MFSA) issued a Circular to notify the financial services industry that ESMA has received a mandate for technical advice on MiFID II / MiFIR from the European Commission.

The said mandate comprises a request to ESMA for technical advice pertaining to possible delegated acts and implementing acts concerning MiFIR and MiFID II.

The relative delegated acts are expected to enter into application within thirty (30) months after the entry into force of the MiFID II Directive and MiFIR.

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