MiFID II’s “No LEI, No trade” policy, and the six months relief from this obligation that ESMA had to issue in December, have been widely discussed. Somewhat neglected, however, is the requirement for issuers of financial instruments that are admitted to trade on an EU trading venue (TOTV) to have an LEI.
- The Lords have just raised the bar on the defence of rights and the rule of law in the Brexit process
- Flag up! Making sense of MiFID II’s post-trade prices