Euronext supports the new Commission’s mandate to promote digital finance in the EU. The EU’s approach in reviewing existing legislative frameworks with a view to developing and promoting the use of new financial technologies is a welcome step in the right direction.
In order to achieve this, we believe that clarifications to the MiFID II framework should be prioritised to accommodate the emergence of new practices, notably in the crypto-assets sector.
In the below paper, Euronext lays set a set of key principles upon which the EU can build upon in reviewing the existing regime, while maintaining and safeguarding investor protection.
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MiFID Refit - Euronext views on the scope of the Share Trading Obligation
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