Benefits
| APPROVED PUBLICATION ARRANGEMENT (APA) |
APPROVED REPORTING MECHANISM (ARM) |
SYSTEMATIC INTERNALISERS (SI) |
|
|---|---|---|---|
| Authorised APA service provider. |  |
N/A | N/A |
| Authorised ARM service provider. | N/A | |
N/A |
| Increased efficiency and lower risk through a single-access point. | |
|
|
| Warning system to alert firms in case they reach the thresholds established for SIs. | N/A | N/A | |
| Access to dashboard (statistical data, manual entry, status of communications, etc.). | |
|
|
| Availability for all firms, both market members and non-members. | |
|
|
| Automatic deferral application. | |
N/A | N/A |
| Multi-connection to the most relevant European Competent Authorities. | N/A | |
N/A |
| Validation procedures supported by the latest data released by ESMA. | |
|
N/A |
| Publication of information through BME data dissemination services. | |
N/A | |
| Coverage of all instruments under MiFID II. | |
|
|
| Expertise in financial legislation and adaptation to changes. | |
|
|
| High-end technical assistance. | |
|
|
