CySEC wishes to inform Regulated Entities that ESMA published on 01.10.17, Guidelines on transaction reporting, order record keeping and clock synchronisation under MiFID II (“the Guidelines”).
The guidance is focused on the construction of Transaction Reports and of the order data records field by field for various scenarios that can occur. Given the wide range of potential scenarios, these guidelines do not provide an exhaustive list of all scenarios. However, persons subject to these guidelines should apply the elements of the most relevant scenario to construct their records and reports.
CySEC’s expects that: Considering that the Guidelines apply since 03.01.18, Regulated Entities shall make every effort to comply with those.