Press Release: Markets in financial instruments: Council confirms agreement on one-year delay

On 18 May 2016, the Permanent Representatives Committee (Coreper) approved, on behalf of the Council of the European Union, an agreement with the European Parliament on a one-year delay to new securities market rules.

The one-year postponement of the transposition and application dates affected the provision of services for investments in financial instruments and the operation of regulated financial markets. Provisional agreement was reached with the European Parliament on 2 May 2016, and a regulation was adopted to enact the extension.

• Primary Source

ESO: Background information: Press Release: Markets in financial instruments: Negotiations to start on one-year delay http://www.europeansources.info/record/press-release-markets-in-financial-instruments-negotiations-to-start-on-one-year-delay/

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