CESR Publishes Its Advice To The European Commission On Non-Equities Transparency, As Well As A Report On Commodity And Exotic Derivatives, And Announces The Appointment Of Mr Servais (CBFA) As Chair Of The MiFID Expert Group

In October 2006, CESR adopted a Level 3 work programme on MiFID (Ref. CESR/07-550b). The work programme tackled issues on which convergence in the practices of European Supervisors should be achieved. The purpose of this being, to provide market participants with greater certainty in order to implement pan-European strategies on the technical operational issues which were the result of the requirements set out in the legislation. The sequence of work and issues set out in the work programme were established on the basis of the priorities indicated by market participants themselves.

CESR has almost completed its work programme, and publishes today the following documents:

Press release - CESR publishes its advice to the European Commission on non-equities transparency, as well as a report on commodity and exotic derivatives and announces the appointment of Jean-Paul Servais (CBFA) as Chair of the MiFID Level 3 Experts Group.

Technical advice on Non-equities transparency

Technical advice on Non-equities transparency - Feedback statement

A compilation of responses by CESR Members to the European Commission's request for initial assistance on commodity and exotic derivatives and related business