In June 2010, the QCA submitted its response to the Committee of European Securities Regulators’(CESR) consultations on MiFID ahead of the official review of the Directive later this year. A sub-committee made up of representatives from the QCA’s Markets & Regulations Committee prepared the response and focused on the transaction reporting aspect. The response suggested that issuers be allowed to nominate/subcontract to a provider for the collection and dissemination of all trade data (in a standard form) in its shares.
Click here to read the response in full.
