MiFID Level 3
Level 3

Jean-Paul SERVAIS, Chairman of the Managing Committee of the Belgian CBFA

Eija Holttinen

Following the delivery of CESR's technical advice to the EU Commission and the forthcoming adoption by the European Commission of the Markets in Financial Instruments Directive ("MiFID") Level 2 implementing measures, and in accordance with the recommendations of the Final Report of the Committee of Wise Men on the Regulation of European Securities Markets – the Lamfalussy report – CESR should now consequently focus on developing mechanisms to ensure consistent implementation of MiFID Level 1 and 2 requirements and foster supervisory convergence among CESR members.

In light of the changing emphasis of CESR's work on MiFID, CESR agreed to dissolve the previous three Expert Groups and its MiFID Steering Group at the conclusion of the Level 2 implementing measures. CESR also agreed to establish a new single 'MiFID Level 3 Group' (the "Group"). This group is not intended to be of permanent nature; it aims to achieve most of its results to facilitate a smooth and consistent implementation of the new regime, starting in November 2007. Further work will be performed as warranted.

Databases on Shares admitted to trading on EU Regulated Markets, Systematic Internalisers, Regulated Markets, MTF's and Central Counterparties

Documents relating to Transaction Reporting are published on the page of the CESR-Tech expert group.

Roland Bellegarde ,Euronext
Elisabeth Roegele,Dekabank
Gareth Adams,Fidelity Investments
Michele Calzolari,Centrosim
Jean-François Conil-Lacoste,Powernext
Henri de Crouy-Chanel,Aurea Finance
Dario Frigerio,Unicredit
Joerg jo Jaeger,Dresdner Bank
Adam Kinsley,London Stock Exchange
Sonja Lohse,Nordea
Antonio Garcia del Riego,Banco Santander
Henry Manisty ,Reuters
Olivier Motte,Calyon
Jorn Peterslund ,Danske Bank
Joao Martins Pereira ,Banco Espirito Santo
Andrew Procter ,Deutsche Bank
Peter de Proft ,Fortis Investments
Roger Saunders ,Helm Godfrey
Paul Salvidge ,UK FSA Consumer Panel
Cord Gebhardt,Head of Section, Markets and regulatory, Deutsche-Boerse
Michal Slotwinski ,Warsaw Stock Exchange
Jan Willem Vink ,ING
19 Dec. 2008
Consultation Paper - Transparency of corporate bond, structured finance products and credit derivatives markets
19 Dec. 2008
Press release - CESR to consult on non-equity markets transparency
19 Dec. 2008
2nd set of questions and answers on MiFID: Common positions agreed by CESR Members
03 Nov. 2008
Call for evidence - Impact of MiFID on secondary markets functioning
03 Nov. 2008
Call for evidence - Review of the scope of the MiFID transaction reporting obligation