Central Bank of Ireland Markets Update Issue 6 2019 - 15 July 2019 Central Bank of Ireland The Central Bank publishes national product intervention measures prohibiting the sale of binary options and restricting the sale of contracts for difference (CFDs) to retail clients Central Bank (Investment Market Conduct) Rules, consolidating Central Bank Transparency, Market Abuse and Prospectus requirements Central Bank publishes the Twenty-Seventh Edition of the Central Bank UCITS Q&A Document CSDR Reporting Obligation Cyprus Securities and Exchange Commission Warning Fit for the future – Brexit, Supervision and Corporate Governance - Michael Hodson, Director of Asset Management and Investment Banking Scanning the horizon: a regulatory perspective - Michael Hodson, Director of Asset Management and Investment Banking Better together: Delivering Consumer Protection in Europe - Director General, Financial Conduct Derville Rowland European Securities and Markets Authority (ESMA) ESMA fines Regis-TR S.A. €56,000 for data access failures ESMA addresses derivatives trading obligation concerns following entry into force of EMIR Refit ESMA publishes responses to its Consultation on indices and recognised exchanges under the CRR ESMA consults on disclosure guidelines under the Prospectus Regulation ESMA updates its Q&As relating to the Prospectus Regulation ESMA launches consultation on cost of market data and consolidated tape ESMA updates the ESEF Reporting Manual ESMA publishes responses to its Call for evidence on position limits in commodity derivatives ESMA publishes report on the licencing of FinTech firms across Europe ESMA updates its Q&As on MiFID II and MiFIR market structure and transparency topics ESMA warns CFDs providers on application of product intervention measures ESMA updates the CSDR Q&As ESMA updates Q&AS on MiFID II and MiFIR investor protection and intermediaries ESMA appoints a new member to its SMSG ESMA reappoints three members of its Management Board ESMA updates its Q&As regarding the Benchmark Regulation Update of annual equity transparency calculations – application of the tick size regime for third-country shares MiFID II: ESMA issues latest double volume cap data Beyond Ratings SAS' CRA registration withdrawn Authorisation of EURIBOR under the Benchmark Regulation ESMA publishes responses to its Consultation on draft RTS under the ELTIF Regulation ESMA broadens scrutiny of multiple withholding tax reclaim schemes ESMA issues opinions on product intervention measures by Sweden, France and the United Kingdom ESMA withdraws the registration of Moody's Investors Service EMEA Ltd ESMA ceases renewal of product intervention measure relating to binary options ESMA issues opinions on product intervention measures by Cyprus, France, Malta and Sweden ESMA issues opinions on product intervention measures by Germany, Spain, Bulgaria, Denmark, Latvia and Greece ESMA consults on short-termism in financial markets MiFID II: ESMA makes available updated results of the annual transparency calculations for equity and equity-like instruments ESMA agrees position limits under MiFID II ESMA announces hearing on SFTR reporting ESMA publishes translations for Guidelines on non-significant benchmarks ESMA issues positive opinions on product intervention measures by Ireland, Italy, Luxembourg and Portugal ESMA publishes 2018 Annual Report ESMA updates Q&A on EMIR data reporting ESMA updates register of derivatives to be traded on-venue under MiFIR Keynote by ESMA Executive Director Verena Ross at the Global ABS Conference 2019 ESMA issues an additional five positive opinions on national product intervention measures ESMA to address regulatory concerns over Frequent Batch Auctions ESMA integrates latest IFRS updates in its ESEF taxonomy International Organization of Securities Commissions (IOSCO) IOSCO examines liquidity in corporate bond markets under stressed conditions IOSCO urges authorities to use existing standards to address cyber risk Please note that this Markets Update is intended to be a general summary only and does not purport to constitute an interpretation of, or the Central Bank’s position on, any of the legislative provisions, rules, requirements or guidance referenced herein. In case of any doubt, you should refer to the relevant legislative provision, rule, requirement or guidance document as applicable. The staff of the Central Bank are not authorised and cannot give you legal advice; you should seek this from your own legal advisor, if required.