The European Securities and Markets Authority (ESMA) has withdrawn or amended questions and answers on market structure under the Markets in Financial Instruments Directive (MiFID II), the Market Abuse Regulation and the Short Selling Regulation. The update forms part of its Simplification and Burden Reduction initiative and removes guidance that is outdated, duplicative or no longer relevant. The review targeted answers made obsolete by legislative amendments now reflected in established market practices, as well as issues already covered in other ESMA publications, including supervisory briefings and opinions. Stakeholders should read the revised questions and answers alongside other applicable ESMA guidance for a comprehensive interpretation of the rules.
European Securities and Markets Authority removes outdated and duplicative guidance on market structure, market abuse and short selling
The European Securities and Markets Authority has withdrawn or amended outdated and duplicative questions and answers covering MiFID II market structure, market abuse and short selling as part of its simplification initiative. The review removes guidance superseded by legislative changes or covered elsewhere, so stakeholders should consult the revised answers alongside other applicable ESMA publications.