France’s Financial Markets Authority (AMF) is running a campaign to verify the quality of data in the MiFIR transaction reporting fields relating to retail investors.
Article 26 of the MiFIR regulation introduces the identification of the end client, whether a legal entity or a natural person, into transaction reporting. This information can be used to detect market abuse, but also to study the behaviour of retail investors in detail, as the AMF regularly does as part of its investor protection remit.
To this end, the AMF is conducting a campaign to improve the quality of data in fields relating to retail investors. The aim of this campaign is to remind people that this data must be accurate and completed according to precise standards.
Investment Services Compliance Officers (RCSIs) and reporting teams are encouraged to familiarise…
Read More
