COVID-19: European Securities and Markets Authority Extends Consultation Deadlines

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Shearman & Sterling LLPThe European Securities and Markets Authority has announced that it is extending the consultation response dates to assist market participants as they implement arrangements to ensure business continuity during the coronavirus outbreak. The revised dates are set out below.

ESMA Consultation Revised Date
Guidelines on Internal Controls for Credit Rating Agencies (view consultation paper here) April 13, 2020
 
MiFIR Report on Systematic Internalisers in Non-Equity Instruments (view consultation paper here) May 13, 2020
 
Guidelines on Securitization Repository Data Completeness and Consistency Thresholds (view consultation paper here)
 
April 13, 2020
 
MiFID II/MiFIR Review Report on the Transparency Regime for Equity and Equity-Like Instruments, the Double Volume Cap Mechanism and the Trading Obligations for Shares (view consultation paper here) April 14, 2020
 
Draft Regulatory Technical Standards under the Benchmarks Regulation (view consultation paper here) June 8, 2020
 
Draft Technical Standards on the Provision of Investment Services and Activities in the Union by Third-Country Firms under MiFID II and MiFIR (view consultation paper here)
 
April 28, 2020
 
MiFIR Review Report on Transparency for Non-Equity Instruments and the Trading Obligation for Derivatives (view consultation paper here) May 17, 2020

View ESMA's announcement.

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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