The European Securities and Markets Authority (ESMA) has recommended that trading venues be required to provide data on the use of waivers and deferrals for non-equity instruments through the Financial Instruments Transparency System (FITRS), in its annual report on waivers and deferrals published on Monday 21 November.
This report takes stock of the trading landscape in 2021, encompassing the net effect of Brexit and the process of relocation from the UK to the EU. ESMA found that trading...