Mifid data vendors face 4,000% supervisory fee hike
‘Cost of Esma’ crisis for largest European regulated data reporting and publishing firms.
Inflation is the 2022 story no-one can escape. Spare a thought for those facing perhaps the most eye-watering increases of all. The firms that collect and publish regulated trade data for off-venue trades in the European Union are fearing rises in their supervisory fees of up to 4,000%.
“We have gone from paying €30,000 [$32,660] to our regulator to paying a million euros,” says a regulatory expert at a regulated data provider. “We question the viability [of the business] because of the
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