ESMA Q&A 1586 — Q&A — Mandatory SI regime [Published Answer Updated]
Financial servicesLevel 3Q&AMiFIRAnswer updatedOfficial source
Mandatory SI regime
Question
Is it possible for investment firms to qualify as a systematic internaliser under the mandatory regime in instruments that are not traded on a trading venue (non-TOTV instruments)?
Answer
This question was deleted on 10 October 2025.
Source: ESMA original document