Commission Implementing Decision recognising certain Singapore derivatives trading venues under MiFIR

Commission Implementing Decision (EU) 2019/541 of April 1st 2019 has been published in the Official Journal of the EU on the equivalence of the legal and supervisory framework applicable to approved exchanges and recognised market operators in Singapore under MiFIR.

The Commission Implementing Decision provides that for the purposes of Article 28(1)(d) of MiFIR, the legal and supervisory framework of Singapore ensures that the approved exchanges and recognised market operators listed in the Annex to the Decision comply with legally binding requirements which are equivalent to the requirements for the trading venues referred to in points (a), (b) and (c) of Article 28 (1) of MiFIR and are subject to effective supervision and enforcement in Singapore.

The Annex to the Commission Implementing Decision lists the following:

  • Asia Pacific Exchange Pte Ltd
  • ICE Futures Singapore Pte Ltd
  • Singapore Exchange Derivatives Trading Limited
  • Cleartrade Exchange Pte Ltd
  • Tradition Singapore Pte Ltd

 

Further information:
To read more, please follow this link:
https://eur-lex.europa.eu/eli/dec_impl/2019/541/oj

Contact us here


Other articles

FCA and ICO update their Memorandum of Understanding (MOU) following GDPR

FCA and ICO update their Memorandum of Understanding (MOU) following GDPR

FCA consultation on optimising the SM&CR

FCA consultation on optimising the SM&CR

Wolfsberg Group publishes guidance on sanctions screening

Wolfsberg Group publishes guidance on sanctions screening

 

Please Note: This publication is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to. Readers should take legal advice before applying the information contained in this publication to specific issues or transactions.

Share Share on LinkedInShare on FacebookShare on Google+Tweet about this on Twitter
Commission Implementing Decision recognising certain Singapore derivatives trading venues under MiFR

Commission Implementing Decision recognising certain Singapore derivatives trading venues under MiFR

Melissa Lewis

Melissa Lewis

Digital Operations Manager at Met Facilities LLP
Melissa Lewis

Latest posts by Melissa Lewis (see all)