Central Bank of Ireland Markets Update Issue 7 2020 - 13 July 2020 Central Bank of Ireland The Central Bank publishes a notice of intention in relation to the application of the ESMA Guidelines on liquidity stress testing in UCITS and AIFs Central Bank publishes the thirty-fourth edition of the Central Bank AIFMD Q&A Central Bank publishes the twenty-ninth edition of the Central Bank UCITS Q&A European Securities and Markets Authority (ESMA) ESMA issues second report on sanctions under MiFID II ESMA’s third EU-wide CCP stress test finds system resilient to shocks ESMA updates its opinion on ancillary activity calculations ESMA publishes Guidelines on Securitisation Repository Data Completeness and Consistency Thresholds ESMA updates the ESEF Reporting Manual ESMA highlights further aspects to consider in the finalisation of the framework for third-country CCPs ESMA clarifies external support within the meaning of Article 35 of the MMF Regulation ESMA consults on Guidelines on calculation of positions under SFTR ESMA updates Q&A on MiFIR data reporting ESMA updates the CSDR Q&As ESMA publishes updates to EMIR Q&As ESMA updates its Q&As on MiFID II and MiFIR transparency MiFID II: ESMA issues latest double volume cap data ESMA publishes updated annual transparency calculations ESMA updates list of trading venues temporarily exempted from open access under MiFIR ESMA responds to European Commission consultation on the Digital Finance Strategy ESMA publishes translations for Guidelines on the reporting to competent authorities under Article 37 of the MMF Regulation ESMA integrates the 2020 IFRS taxonomy into ESEF RTS ESMA publishes example of an annual financial report in ESEF format International Organization of Securities Commissions (IOSCO) IOSCO publishes Good Practices on processes for deference CPMI-IOSCO publish a report on CCP auctions IOSCO consults on AI/ML guidance for market intermediaries and asset managers 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.