On 7 July 2026 ESMA published a supervisory briefing on triangular passporting under MiFID II (reference ESMA35-243228190-8065), and the CSSF relayed it to Luxembourg professionals in a communique dated 17 July 2026. Triangular passporting is the arrangement where an authorised investment firm serves clients in one Member State through a branch or tied agent it…
On 13 July 2026 the CSSF published its MiFIR DPE notification template, a short XLSX form that Luxembourg credit institutions and investment firms use to apply for designated publishing entity (DPE) status under Article 21a of MiFIR. The form is the point at which a firm formally tells its national regulator that it is willing…
On 13 July 2026 the CSSF published a new version of its CSSF MiFID II/MiFIR FAQ, the question-and-answer document that sets out how the regulator expects Luxembourg investment firms and credit institutions to run transaction reporting, transparency and commodity-derivative obligations in practice. Several answers carry a fresh 13 July 2026 stamp, and four are new…
On 10 July 2026 ESMA announced thirteen Q&A repository items across the EU ESG Ratings Regulation, the Markets in Crypto-Assets Regulation and MiFIR secondary markets. All thirteen items carry published answers. The individual records also show that several answers pre-date 10 July 2026. None of the thirteen published answers creates a new reporting template or…
On 13 July 2026 the CSSF published five standardised XLSX notification forms on its Markets in Financial Instruments (MiFID II/MiFIR) page, covering algorithmic trading, direct electronic access, systematic internaliser status, designated publishing entity status and commodity derivatives. For algorithmic-trading and DEA notifications, the workbook replaces the Q&A-table format referenced in the CSSF’s communication of 26…
The CSSF workbook titled Notification of a commodity derivative is a contract-identification form. Its fields cover the submission and admission dates, commodity classification, contract name, unit and lot conversion, trading-venue identifiers, product code, ISIN, whether economically equivalent OTC contracts exist and the total number of securities issued. It does not collect position-holder or open-interest data…
On 6 July 2026 the European Securities and Markets Authority (ESMA) selected Etrading Software (Netherlands) B.V. to run the EU’s OTC derivatives consolidated tape, naming it the consolidated tape provider for over-the-counter derivatives under the Markets in Financial Instruments Regulation (MiFIR). It is the third and last asset class under Article 27da of MiFIR to…
On 2 July 2026, ESMA put a price on something reporting teams have grumbled about for years. The regulator published its final report on the transaction reporting simplification agenda and estimated that cutting duplication across EMIR, MiFIR and SFTR could save the industry up to EUR 1 billion a year. The figure sits at the…
An energy trading desk can hedge a winter gas position perfectly and still fail two reporting regimes at once. The same forward sold on a regulated venue can land in an EMIR trade repository feed, an ACER data collection under REMIT, and a MiFID II position report. Miss a field in one and gas derivatives…
Miss a COREP remittance by one day and the CSSF will notice. Miss a CRS filing deadline and the ACD will notice even faster. Q2 is the quarter where annual filings, quarterly prudential reports, and ongoing transaction reporting obligations all converge on the same teams, often the same individuals, at the same time. The density…