Markets In Financial Instruments Directive (MIFID) Article 51(3) is managed by the European Securities and Market Authority (ESMA), who have specific implementation rules called Implementing Technical Standards (ITS).
Overall, the content channels this regulation monitors include email, instant messaging, social media, text/SMS, audio, video, website and blogs. The global region under regulation is Europe.
If you’re looking for more details about compliance, you can visit the ESMA ITS website. You’ll find translation on how the legislation applies in practice to market participants, infrastructures and national supervisors. Please click here to view the full ESMA overview.
For more compliance regulation rules, visit our Archiving Compliance Regulations & Supervision Rules page with all of the financial services regulations.
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* Erado assumes no liability for the accuracy or completeness of this information. Please consult with an attorney for information on specific rules and regulations and how they apply to your business.