Central Bank of Ireland Markets Update Issue 6 2016 - 04 November 2016 Central Bank of Ireland Updated Transparency Rules MiFID Firms EBA seeks views on a new prudential regime for investment firms EBA recommends that only investment firms identified as GSIIs and OSIIs be subject to the full CRDIV/CRR ESMA (European Securities and Markets Authority) ESMA Q&A relating to the provision of CFDs and other speculative products to retail investors under MiFID ESMA Final Report on Guidelines on transaction reporting, order record keeping and clock synchronization under MiFID II ESMA Q&A on MiFID II and MiFIR investor protection topics ESMA Consultation Paper on Guidelines on the calibration, publication and reporting of trading halts ESMA Consultation Paper on draft guidelines on MiFID II product governance requirements ESMA Consultation Paper on RTS specifying the scope of the consolidated tape for non-equity financial instruments ESMA Q&A on the implementation of the double volume cap under MiFID II ESMA Discussion Paper on the trading obligation for derivatives under MiFIR EBA (European Banking Authority) EBA Consultation on Guidelines on internal governance (revised) EBA Consultation on Joint ESMA EBA Guidelines on suitability of management body Please note that this Markets Update is intended to be a general summary only and does not purport to constitute an interpretation of, or the Central Bank’s position on, any of the legislative provisions, rules, requirements or guidance referenced herein. In case of any doubt, you should refer to the relevant legislative provision, rule, requirement or guidance document as applicable. The staff of the Central Bank are not authorised and cannot give you legal advice; you should seek this from your own legal advisor, if required.