EU Commission - Draft interpretative notice on the transitional provision of the MiFIR review

The European Commission published a draft interpretative notice to provide clarity to market participants on the transitional provision of the Markets in Financial Instruments Regulation (MiFIR) review. Although the notice will be submitted for adoption in all languages and publication in the Official Journal at a later stage, its publication will provide timely guidance on the transitional arrangement contained in Article 54(3) MiFIR.