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, are together often referred to as just MiFID II and apply in all Member States of the European Union including Norway, Iceland and Liechtenstein.
MiFID II aims to strengthen the framework for the regulation of financial markets, including where trading in such markets takes place over-the-counter (OTC), increase transparency, enhance conduct of business rules, better protect investors, reinforce investor confidence and ensure that supervisors are granted adequate powers to fulfil their tasks. 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 has a Systematic Internaliser ('SI') status as of 18 October 2021 under the MIC code “ABNA”. Find an overview in the table 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 Derivatives | 09-07-2021 | DERV | NDF/DF/NDS/DS |
| Interest Rate Derivatives | 22-11-2021 | INTR | FSCS/FFSI/FFSC/ONIS/CCS |
As SI, ABN AMRO is required to publish the quotes provided by means of an approved publication agent (APA).
An important advantage of ABN AMRO's SI status is that clients who are themselves investment firms are relieved from their post-trade disclosure obligation (unless these clients are SI themselves).
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
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