ESMA - European Securities and Markets Authority
ESMA - European Securities and Markets Authority
02/23/2026 | Press release | Distributed by Public on 02/23/2026 04:05
ESMA simplifies MiFID II/ MiFIR obligations on market data
The European Securities and Markets Authority (ESMA), the EU's financial markets regulator and supervisor, has withdrawn its guidelines on the MiFID II/ MiFIR obligations on market data, effective immediately, reflecting its ongoing commitment to simplifying rules and reducing unnecessary compliance burdens for market participants.
The decision aligns the framework with the newly applicable regulatory technical standards on the obligation to make market data available to the public on a reasonable commercial basis (RTS on RCB).
Next steps
The RTS on RCB entered into force on 23 November 2025. Market data providers authorised before that date benefit from a transition period until 22 August 2026. The transition period serves solely to allow market data providers to align existing contractual arrangements with the new requirements in the RTS.
Further information
ESMA encourages stakeholders to raise any issues related to the rules and the application of the RTS on RCB via email at [email protected].
ESMA - European Securities and Markets Authority published this content on February 23, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on February 23, 2026 at 10:05 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]