Linking Market Transparency Reforms under MiFIR with the European Trade Indexes Registry (EUTIR)

The document provides feedback to the European Commission on the integration of financial market reforms under the revised Markets in Financial Instruments Regulation (MiFIR) with the proposed European Trade Indexes Registry (EUTIR). It outlines how EUTIR can serve as a trusted, decentralised digital infrastructure to enhance market transparency, data authenticity, and cross-border interoperability across trade and financial sectors. By leveraging technologies such as Distributed Ledger Technology (DLT), verifiable Legal Entity Identifiers (vLEI), and alignment with EU digital frameworks like eFTI, DPP, and CBAM, EUTIR supports the green and digital transition while strengthening regulatory certainty, post-trade risk reduction, and AI/ML-driven supervision. The document also proposes specific legal amendments to embed EUTIR into MiFIR governance, ensuring secure, machine-readable, and GDPR-compliant data exchange across the EU’s digital trade and capital markets ecosystem.