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Email The European Securities and Markets Authority (ESMA) has published its Final Report (the Final Report) containing draft regulatory and implementing technical standards (RTS and ITS) on the provision of investment services and activities in the European Union (EU) by non-EU firms (known as “third-country” firms (TCFs) in EU parlance) under MiFIR and MiFID II. https://www.cadwalader.com/resources/clients-friends-memos/esma-publishes-final-report-on-technical-standards-for-the-provision-of-investment-services-by-non-eu-firms