ESMA sets out RCB draft standards in MiFID II
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ESMA sets out RCB draft standards in MiFID II

EU

The European Securities and Markets Authority has floated a number of options in determining reasonable commercial basis within MiFID II, including having data suppliers’ price lists subject to full transparency and imposing specific high-level limits whereby market data services, as a proportion of total revenues, would not exceed a certain percentage.

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