ESMA withdraws Euronext Paris SA’s approval as a data reporting service
14 February 2024 France
Image: JeanLuc_Ichard/stock.adobe.com
The European and Securities Markets Authority (ESMA) has withdrawn the authorisation of Euronext Paris SA as a data reporting service provider (DRSP) under the Markets in Financial Instruments Regulation (MiFIR).
ESMA’s withdrawal decision follows the notification by Euronext of its intention to renounce its authorisation under the conditions set out in Article 27e(a) of MiFIR.
Previously, the pan-European stock exchange was authorised as both an approved reporting mechanism and an approved publication arrangement under MiFIR since January 2018.
MiFIR provides that ESMA shall withdraw the authorisation of a DRSP where the DRSP expressly renounces its authorisation.
All Euronext clients have switched to other authorised DRSPs of their choice or started to report transactions directly to National Competent Authorities.
ESMA’s withdrawal decision follows the notification by Euronext of its intention to renounce its authorisation under the conditions set out in Article 27e(a) of MiFIR.
Previously, the pan-European stock exchange was authorised as both an approved reporting mechanism and an approved publication arrangement under MiFIR since January 2018.
MiFIR provides that ESMA shall withdraw the authorisation of a DRSP where the DRSP expressly renounces its authorisation.
All Euronext clients have switched to other authorised DRSPs of their choice or started to report transactions directly to National Competent Authorities.
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