Circular C259 (ESMA Guidelines on the management body of Market Operators and Data Reporting Services Providers (“DRSPs”))

MNK Risk Consulting > Regulatory Developments > Circular C259 (ESMA Guidelines on the management body of Market Operators and Data Reporting Services Providers (“DRSPs”))

CySEC wishes to inform Market Operators and DRSPs that, the ESMA Guidelines on the management body of Market Operators and DRSPs have been adopted by CySEC. These guidelines clarify the requirements applicable to members of the management bodies of:

  1. National Competent Authorities;
  2. Market Operators; and
  3. DRSPs.

CySEC’s expects that: Market Operators and DRSPs comply with the said Guidelines.