-
New Designated Publishing Entities regime operational from 3 February
January 24, 2025The European Securities and Markets Authority has published a press release reminding market participants that from February 3, 2025 the new Designated Publishing Entities regime shall be operational. The DPE regime was introduced following the EU Markets in Financial Instruments Directive/Markets in Financial Instruments Regulation Review and means the responsibility for reporting transactions carried out over-the-counter will turn on whether or not firms hold DPE status. The press release also confirms that ESMA will no longer publish the quarterly systematic internaliser data. From September 2025, ESMA will no longer be required to calculate quarterly SI data and given the imminence of the end of the regime, ESMA has decided stop publishing this data. Accordingly, the mandatory SI regime will no longer apply from February 1, 2025 although firms may continue to opt in to the regime.
Return to main website.
Financial Regulatory Developments Focus