About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Briefs

MiFID ESG Requirements go Live, Compliance Caution Urged

Subscribe to our newsletter

The ESG reporting requirement under the amended Markets in Financial Instruments Directive (MiFID II) came into effect this week, with warnings from some market participants that the new regulation would add more costs and challenges to compliance teams. Financial infrastructure and data provider SIX, however, said the obligations needn’t overwhelm firms.

“Regulatory complacency is unwise for firms at this time, as the introduction of additional ESG requirements could add ongoing MiFID compliance issues. However, much of the sustainability data and criteria needed to comply with the suitability requirements under the MiFID II update is the same as that housed already for the EU SFDR and the Green Taxonomy,” said Janine Hofer-Wittwer, Senior Product Manager of Financial Information at SIX. “For market participants, the goal is to work with data providers able to source and distil the data and provide it in a way that is easy to implement, minimising the lift needed for the latest and future ESG regulatory requirements.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Voice recording for communications surveillance under MIFID II/MAR

To date, the industry’s regulatory compliance focus for upcoming European MiFID II and Market Abuse Regulation (MAR) has been on issues including the structure of trading facilities, systematic internalisation, governance, best execution and time-stamping. MiFID II and MAR also contain provisions, however, increasing the requirements for recording and archiving voice communication related to securities trading....

BLOG

A-Team Group Announces Winners of RegTech Insight Awards Europe 2026

A-Team Group has announced the winners of its RegTech Insight Awards Europe 2026. The awards recognise both established providers and innovative newcomers providing RegTech solutions to capital market participants that significantly improve their ability to respond effectively to evolving and increasingly complex regulatory requirements. This year’s RegTech Insight Awards Europe included categories spanning the regulatory...

EVENT

TradingTech Summit New York

Our TradingTech Summit in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Regulatory Data Handbook 2021/2022 – Ninth Edition

Welcome to the ninth edition of A-Team Group’s Regulatory Data Handbook, a publication dedicated to helping you gain a full understanding of regulations related to your organisation from the details of requirements to best practice implementation. This edition of the handbook includes a focus on regulations being rolled out to bring order and standardisation to...