Article 50 of MiFID II refers to the obligation of Trading Venues and their members/participants to synchronise the business clocks they use to record the date and time of any "reportable event". ESMA considers it relevant to provide examples of "reportable events" for the purposes of Article 50.
ESMA considers that a "reportable event" includes any of the following obligations:
- Publication of the trading time and publication time as prescribed in Annex I, Table 3 of RTS 1 and Annex II of Table 1b of RTS 2 on transparency for equity, equity-like and non-equity instruments under Articles 6, 7, 10 and 11 of MiFIR;
- Transaction reporting of the trading time as prescribed in Field 28 of Commission Delegated Regulation (EU) 2017/590 under Article 26 of MiFIR;
- Record keeping of the time of events affecting the orders and transactions carried out by Investment Firms under Article 25(1) of MiFIR and the record keeping requirements (other than recording of telephone conversations or other
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