16/03/2022 (Agence Europe) – The European Securities and Markets Authority (ESMA) published, on Tuesday 15 March, its assessment of the proposed review of the Markets in Financial Instruments Regulation (MiFIR), currently being negotiated in the European Parliament and the Council of the European Union (see EUROPE 12839/2, 12840/6). This assessment focuses on the implementation of consolidated tape providers, on the entities that will operate such a system on the basis of data provided by the exchange platforms. ESMA wants to be responsible for developing regulatory technical standards on the market data to be included in the system, instead of a delegated act from the European Commission. It also mentioned the transparency of equity and non-equity trading, the ‘payment for order flow’ mechanism. To read ESMA’s assessment: https://aeur.eu/f/ss (AD)