In a press release earlier this year, the European Association of Co-operative Banks (EACB) announced its launch of joint structure called FinDatEx with other European trade associations from various financial services industries, with the role of developing standardised technical templates that facilitate data exchange between stakeholders in the application of European financial markets legislation. On this note, we are pleased to inform that the work on a revised template standardizing MiFID II target market related data exchange has now been completed.
We thus announce that FinDatEx has today published its first standard under the revised European MiFID template (EMT V3). For further information on the application and transition period arrangements, as well as content of the template, please click here.