News on the latest status of MiFID II is eagerly awaited by the market. In energy and commodities, the focus is on both the possible delay to the start of MiFID II, and also the adoption or otherwise of the Regulatory Technical Standards (RTS) around the Ancillary Activity test and position limits, RTS 20 and 21.

While no official news has been released there have been some reports posted by others on possible news. This note on the Integrity Research Associates site indicates that the delegated acts may not be ready for the Commission until March. According to the note, there is still the possibility that the MiFID II delay could be for more than a year. It also indicates possible RTS approval in February.

However this post by Bart C. Korteweg on LinkedIn talks of the possibility that the legislative proposal for the MiFID delay will be published in the first part of February, but that the RTS will not be adopted until March.