FIA joined AFME, BBA and ISDA in commenting on ESMA's Level 2 draft technical standards (DTS) on the Market Abuse Regulation. The associations suggested clarifications on four fundamental issues they believe will bring more proportionality and will facilitate the implementation for investment firms, credit institutions, commodities firms, investors, and other financial market participants as well as regulators. They believe this is especially important given the significantly extended scope of the new market abuse rules in Europe.
