ESMA_QA_1596
Status: ✅ Answer Published
Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/1596
Regulatory Context
Regulation : MIFIR
Level 1 Regulation: Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets
Level 2 Regulation: Regulation 2017/572 - RTS on data disaggregation (RTS 14)
Level 3 Regulation: ESMA70-872942901-38 - Q&A on MiFID II and MiFIR market structures topics
Topic: Data reporting services providers
Subject Matter: Data disaggregation
Question
Submission Date: 18 November 2016
Article 1(1)(b) of RTS 14 requires disaggregation by country of issue for shares. How should “country of issue” be interpreted? Is this also required for non-EU countries?
ESMA Answer
Answer Date: 18-11-2016
[ESMA 70-872942901-38 MiFID II MiFIR market structures Q&A, Q&A 2.3] Country of issue should be interpreted as the home Member State of the issuer, as defined in Article 2(1)(i) of the Transparency Directive[1], including where the issuer is incorporated in a third country.
[1] Directive 2004/109/EC of the European Parliament and of the Council of 15 December 2004 on the harmonisation of transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market and amending Directive 2001/34/EC.
This document was automatically extracted from the ESMA EMIR Q&A database.