Position Papers

With our position papers we engage in political debates and expert discussions regarding capital market issues - representing the interests of our members. Each year, numerous and detailed positions cover the various areas of our work: the primary market, the secondary market, the governance of listed companies and the economic education.

Below you will find our position papers which focus on European legislation - mostly in English and partially in German language. All our positions including papers with focus on national topics you will find on our German website.

In its answer to ESMA's consultation on "MiFIR review report on the obligations to report transactions and reference data" Deutsches Aktieninstitut asks for a clear definition of bespoke derivatives not covered by the proposed extension of the reference data reporting, transaction reporting and transparency regime. Otherwise, detrimental effects on the price formation process are inevitable.