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21 February 2008

CESR feedback statement on MiFID Database




CESR published a feedback statement on improving the functioning of the MiFID database. Several respondents agreed with the addition of the proposed three new data fields to the database. On the basis of the support received, CESR will include this new information to the database from 5 March 2008 at the latest.

 

On the necessity to add other information or other search functions to the database CESR decided that it will not implement these requests at this stage.

 

However, CESR decided that even though the information on whether both or only one of the two liquidity criteria are applied will not be included into the database itself, this information will be published on the CESR website at a later stage.

 

To the requests for adding new data fields to CESR has not considered it possible to include into its work programme for 2008 the extension of the database to cover all investment firms subject to transaction reporting obligations.

 

Except some technical aspects, CESR decided not to change the database.

 

The need to conduct any further reviews of the database will be reassessed before the next annual update of the database in 2009.

 

Feedback statement



© CESR - Committee of European Securities Regulators

Documents associated with this article

CESR feedback statement on MiFID Database.pdf


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