MiFIR (Markets in Financial Instruments Regulation) enters into effect on 3 January 2018. The transaction reports will be fully harmonised from that moment on and the same rules apply in all countries that are members of the European Economic Area.
Northern TRS (NTRS)In order to be able to comply with the new requirements, investment firms, trading platforms, approved reporting mechanisms (ARM's) and supervisors will be required to adjust their systems or build new systems. The AFM has decided to build a new system and does so in cooperation with the Danish, Finnish, Norwegian and Swedish supervisory authorities.
The AFM is committed to promoting fair and transparent financial markets.
As an independent market conduct authority, we contribute to a sustainable financial system and prosperity in the Netherlands.