MiFID II requires ABN AMRO to provide its clients with certain information. This information (and related updates) is made available on this page.
The Markets in Financial Instruments Directive II (“MiFID II”) and the Markets in Financial Instruments Regulation (“MiFIR”) provide the European regulatory framework governing the requirements applicable to investment firms, regulated markets, data reporting services providers and third country firms providing investment services or activities. MiFID II and MiFIR, together often referred to as just MiFID II, came into effect on 3 January 2018 and apply in all Member States of the European Union plus Norway, Iceland and Liechtenstein (i.e. the European Economic Area or EEA).
Essentially, MiFID II and MiFIR aim to strengthen the framework for the regulation of financial markets, including where trading in such markets takes place over-the-counter (OTC), in order to increase transparency, better protect investors, reinforce investor confidence, address unregulated areas and ensure that supervisors are granted adequate powers to fulfil their tasks.
To this end, MiFID II introduces (amongst others) rules on algorithmic and high frequency trading, addresses the oversight of financial markets including commodity derivatives markets, and enhances investor protection and conduct of business rules. MiFIR (amongst others) lays down rules on the disclosure of trading activity data to the public, disclosure of transaction data to competent authorities and the mandatory trading of certain derivatives on organized venues.
ABN AMRO supports the objectives laid down by MiFID II and MiFIR. ABN AMRO believes transparency, integrity and honesty are cornerstones of a long-term professional relationship. ABN AMRO is committed to put this into daily practice in order to help its clients achieve their goals.
Effective as of 18 October 2021
ABN AMRO has made a change with regard to its Systematic Internaliser ('SI') status as of 18 October 2021 under the MIC code “ABNA”. In the table below an overview of each of the products and their start date.
| Product | Start Date | MiFID II Asset Class | MiFID II Sub Asset Class |
|---|---|---|---|
| Bonds | 01-12-2018 | BONDS | All |
| FX Derivates | 09-07-2021 | DERV | NDF/DF/NDS/DS |
| Interest Rate Derivatives | 22-11-2021 | INTR | FSCS/FFSI/FFSC/ONIS/CCS |
Pre trade transparency
As a SI, ABN AMRO is required to publish the quotes provided by means of an approved publication agent (APA).
Post-Trade transparency
An important advantage of ABN AMRO's SI status is that clients who are themselves investment firms are relieved from their obligation, with regard to their post-trade disclosure requirements (unless these clients are SI themselves).
SI commercial policy
ABN AMRO’s SI activities are subject to a commercial policy. Download the current version can be found here.
ABN AMRO Information
The full name of our firm is ABN AMRO Bank N.V. (“ABN AMRO”). ABN AMRO is authorised and subject to regulation by the Dutch Central Bank (De Nederlandsche Bank N.V.) and the European Central Bank. ABN AMRO is also subject to regulation by the Netherlands Authority for the Financial Markets (Stichting Autoriteit Financiële Markten). ABN AMRO’s registered address is at Gustav Mahlerlaan 10, 1082 PP Amsterdam, The Netherlands and its website address is www.abnamro.nl. ABN AMRO is registered with the trade register of the Amsterdam Chamber of Commerce under number 34334259. ABN AMRO is a member of several exchanges and clearing houses, information about which is available on request at the above address.
ABN AMRO’s Legal Entity Identifier (LEI) is: BFXS5XCH7N0Y05NIXW11
For Clients Classified as Professional Client and Eligible Counterparties, the below documents apply:
Other relevant links:
