Euronext’s ARM and APA approved 14 December 2017Paris Reporter: Stephanie Palmer
Image: Shutterstock
Euronext has been approved by the French regulator, the Autorité des Marchés Financiers (AMF), to provide approved publication arrangement (APA) and approved reporting mechanism (ARM) services to investment firms in Europe, under the second Markets in Financial Instruments Directive (MiFID II).
The new ARM service will connect to various European National Competent Authorities, once MiFID II comes into effect on 3 January 2018.
Lee Hodgkinson, head of markets and global sales, said: “Regulatory reporting is an important part of MiFID II, providing security and transparency to European markets.”
“This service, designed together with clients, will provide firms with a flexible solution to meet their obligations. We look forward to working with our clients on expanding our services going forward.”
In July, Euronext improved its trade publication and transactions reporting services to meet new obligations under MiFID II, covering cash, commodity and derivatives markets under the scope of non-Euronext products.
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