A trader on your platform splits a large sell into a string of small orders, cancels most of them within seconds, and walks the visible price down before lifting it again. Your surveillance dashboard flags it. Now the clock is running, because MiCAR STOR reporting is not a back-office nicety. Under Article 92 of the…
Introduction MiCAR (Markets in Crypto-Assets Regulation) creates the first comprehensive regulatory framework requiring crypto-asset service providers to implement authorization, prudential reporting, transaction monitoring, and incident notification systems. The Markets in Crypto-Assets Regulation (Regulation (EU) 2023/1114) represents the first unified rulebook for crypto-asset activities across the entire European Union. For reporting teams and compliance practitioners, MiCAR…
What Is MiFIR Transaction Reporting? Article 26 in Plain Terms MiFIR transaction reporting is the obligation, set out in Article 26 of Regulation (EU) No 600/2014 (MiFIR), that applies to investment firms and, under Article 1(2), to credit institutions when they provide investment services and/or perform investment activities. Where such an entity executes a reportable…