Asset Publisher

Consob publishes the Operational Guide on transaction reporting (7 September 2020)

Consob has published the Operating Guide on transaction reporting (only in the Italian language) whose content was shared in a consultation with market operators and trade associations.

The document applies to investment firms, to trading venue managers and to Authorized Reporting Mechanisms (ARMs), as defined by the MiFID II directive.

The Operating Guide intends to provide operators with support and guidance in the reconstruction of the various applicable regulations, as well as with instructions on the exact fulfillment of transaction reporting obligations. The Operating Guide provides, due also to the requests received from operators, additional detailed operational indications, which are useful for a better implementation of the European regulations, having regard to the specific features of the national framework, both at the institutional and at the operational level.