# Instrument Metadata # Output tuned for LLM consumption -- deterministic parse of the # EUR-Lex source, no LLM involved in generation. instrument_id: mifir celex: "32014R0600" eli: "http://data.europa.eu/eli/reg/2014/600/oj" full_title: Markets in Financial Instruments Regulation (EU) No 600/2014 short_title: MiFIR instrument_type: regulation document_type: regulation normative_weight: binding jurisdiction: EU effective_period: from: "2014-07-02" to: null dates: adopted: "2014-05-15" entered_into_force: "2014-07-02" status: in_force legal_status: in_force structure_levels: - title - chapter - article total_articles: 93 total_recitals: 0 total_annexes: 0 definitions_article: 2 chunk_strategy: by_chapter chunks: - /mifir/chunks/mifir_t01_subject_matter_scope_and_definitions.md - /mifir/chunks/mifir_t02_ch01_transparency_for_equity_instruments.md - /mifir/chunks/mifir_t02_ch02_transparency_for_non_equity_instruments.md - /mifir/chunks/mifir_t02_ch03_obligation_to_offer_trade_data_on_a_sepa.md - /mifir/chunks/mifir_t03_transparency_for_systematic_internaliser.md - /mifir/chunks/mifir_t04_transaction_reporting.md - /mifir/chunks/mifir_t04_ch01_authorisation_of_data_reporting_services.md - /mifir/chunks/mifir_t04_ch02_conditions_for_apas_ctps_and_arms.md - /mifir/chunks/mifir_t05_derivatives.md - /mifir/chunks/mifir_t06_non_discriminatory_clearing_access_for_f.md - /mifir/chunks/mifir_t06_ch01_competences_and_procedures.md - /mifir/chunks/mifir_t06_ch02_administrative_sanctions_and_other_admin.md - /mifir/chunks/mifir_t07_ch01_product_monitoring_and_intervention.md - /mifir/chunks/mifir_t07_ch02_positions.md - /mifir/chunks/mifir_t08_provision_of_services_and_performance_of.md - /mifir/chunks/mifir_t09_ch01_delegated_acts.md - /mifir/chunks/mifir_t09_ch02_implementing_acts.md - /mifir/chunks/mifir_t10_final_provisions.md key_dates: - date: "2014-05-15" type: lifecycle context: "Adopted" - date: "2014-07-02" type: lifecycle context: "Entered into force" - date: "2015-06-01" type: review article: "1" context: "…the scope of paragraph 6 to other central banks. To that end, the Commission shall, by 1 June 2015, submit a report to the European…" - date: "2015-07-03" type: deadline article: "12" context: "…1. ESMA shall submit those draft regulatory technical standards to the Commission by 3 July 2015. Power is delegated to the Commission…" - date: "2015-07-03" type: deadline article: "20" context: "…ESMA shall submit those draft regulatory technical standards to the Commission by 3 July 2015. Power is delegated to the Commission…" - date: "2015-07-03" type: deadline article: "21" context: "…ESMA shall submit those draft regulatory technical standards to the Commission by 3 July 2015. Power is delegated to the Commission…" - date: "2015-07-03" type: deadline article: "23" context: "…ESMA shall submit those draft regulatory technical standards to the Commission by 3 July 2015. Power is delegated to the Commission…" - date: "2015-07-03" type: deadline article: "28" context: "…ESMA shall submit those draft regulatory technical standards to the Commission by 3 July 2015. Power is delegated to the Commission…" - date: "2015-07-03" type: deadline article: "29" context: "…technical standards referred to in the first subparagraph to the Commission by 3 July 2015. Power is delegated to the Commission…" - date: "2015-07-03" type: deadline article: "30" context: "…(13). ESMA shall submit those draft regulatory technical standards to the Commission by 3 July 2015. Power is delegated to the Commission…" - date: "2015-07-03" type: deadline article: "32" context: "…ESMA shall submit drafts for those regulatory technical standards to the Commission by 3 July 2015. Power is delegated to the Commission…" - date: "2015-07-03" type: deadline article: "35" context: "…CCP. ESMA shall submit those draft regulatory technical standards to the Commission by 3 July 2015. Power is delegated to the Commission…" - date: "2015-07-03" type: deadline article: "36" context: "…risk. ESMA shall submit those draft regulatory technical standards to the Commission by 3 July 2015. Power is delegated to the Commission…" - date: "2015-07-03" type: deadline article: "37" context: "…(b). ESMA shall submit those draft regulatory technical standards to the Commission by 3 July 2015. Power is delegated to the Commission…" - date: "2015-07-03" type: deadline article: "4" context: "…ESMA shall submit those draft regulatory technical standards to the Commission by 3 July 2015. Power is delegated to the Commission…" - date: "2015-07-03" type: deadline article: "7" context: "…ESMA shall submit those draft regulatory technical standards to the Commission by 3 July 2015. Power is delegated to the Commission…" - date: "2016-01-03" type: deadline article: "26" context: "…established to identify clients that are legal persons. ESMA shall develop by 3 January 2016 guidelines in accordance with Article…" - date: "2017-02-28" type: review article: "9" context: "…ESMA shall submit those draft regulatory technical standards to the Commission by 28 February 2017. Power is delegated to the Commission…" - date: "2018-01-03" type: application article: "55" context: "…in the Official Journal of the European Union. This Regulation shall apply from 3 January 2018. Notwithstanding the second…" - date: "2018-01-03" type: deadline article: "35" context: "…authorisation regime for a period of less than three years on 2 July 2014 may, before 3 January 2018, apply to its competent authority for…" - date: "2018-01-03" type: deadline article: "4" context: "…Directive 2004/39/EC and Articles 18, 19 and 20 of Regulation (EC) No 1287/2006 before 3 January 2018 shall be reviewed by ESMA by 3…" - date: "2020-01-03" type: application article: "55" context: "…Notwithstanding the second paragraph, Article 37(1), (2) and (3) shall apply from 3 January 2020." - date: "2020-01-03" type: deadline article: "4" context: "…20 of Regulation (EC) No 1287/2006 before 3 January 2018 shall be reviewed by ESMA by 3 January 2020. ESMA shall issue an opinion to the…" - date: "2020-01-03" type: review article: "26" context: "…in accordance with Articles 10 to 14 of Regulation (EU) No 1095/2010. 10. By 3 January 2020, ESMA shall submit a report to the…" - date: "2020-03-03" type: review article: "52" context: "1. By 3 March 2020, the Commission shall, after…" - date: "2020-07-03" type: deadline article: "35" context: "…transferable securities and money market instruments, for a transitional period until 3 July 2020. Where such a transitional period is…" - date: "2020-07-03" type: review article: "52" context: "…to exchanges or electronic trading platforms pursuant to Articles 25 and 28. 7. By 3 July 2020, the Commission shall, after…" - date: "2020-09-26" type: deadline article: "46" context: "…6a. ESMA shall submit those draft regulatory technical standards to the Commission by 26 September 2020. Power is delegated to the Commission…" - date: "2021-01-01" type: deadline article: "27f" context: "…integrity of the market 5. ESMA shall develop draft regulatory technical standards by 1 January 2021 for the assessment of the suitability…" - date: "2021-10-01" type: deadline article: "38k" context: "…process. 10. The Commission shall adopt delegated acts in accordance with Article 50 by 1 October 2021 to further specify the rules of…" - date: "2021-10-01" type: deadline article: "38n" context: "…adopt a delegated act in accordance with Article 50 supplementing this Regulation by 1 October 2021 to specify the type of fees, the…" - date: "2021-10-01" type: deadline article: "54a" context: "…an application for authorisation that has been received by competent authorities before 1 October 2021 shall not be transferred to ESMA, and…" - date: "2022-01-01" type: deadline article: "54a" context: "…copies thereof, shall be transferred to ESMA as soon as possible and in any event by 1 January 2022. Those competent authorities shall…" - date: "2022-07-03" type: review article: "52" context: "…35 and 36 of this Regulation and of Articles 7 and 8 of Regulation (EU) No 648/2012. By 3 July 2022, the Commission shall, after…" - date: "2024-03-28" type: deadline article: "39a" context: "…result in a monetary benefit to the investment firm. 2. A Member State in which, before 28 March 2024, investment firms acting on behalf of…" - date: "2024-03-28" type: deadline article: "54" context: "…the delegated acts adopted pursuant to Regulation (EU) No 600/2014 as applicable before 28 March 2024 shall continue to apply until the…" - date: "2024-06-29" type: deadline article: "22b" context: "…(d), of this Article. 2. The Commission shall establish an expert stakeholder group by 29 June 2024 to provide advice on the quality and…" - date: "2024-06-29" type: deadline article: "27" context: "…under which the suspension referred to in that subparagraph ceases to apply. 5. By 29 June 2024, the Commission shall adopt delegated…" - date: "2024-09-29" type: deadline article: "21a" context: "…through an APA in accordance with Article 20(1) or Article 21(1). 4. ESMA shall by 29 September 2024 establish and shall regularly update…" - date: "2024-09-29" type: deadline article: "39a" context: "…which fulfils the condition laid down in the first subparagraph shall notify ESMA by 29 September 2024 to that effect. ESMA shall maintain a…" - date: "2024-12-29" type: deadline article: "11" context: "…technical standards referred to in the first subparagraph to the Commission by 29 December 2024. Power is delegated to the Commission…" - date: "2024-12-29" type: deadline article: "22b" context: "…technical standards referred to in the first subparagraph to the Commission by 29 December 2024. Power is delegated to the Commission…" - date: "2024-12-29" type: deadline article: "22c" context: "…ESMA shall submit those draft regulatory technical standards to the Commission by 29 December 2024. Power is delegated to the Commission…" - date: "2024-12-29" type: deadline article: "27da" context: "…the first selection procedure pursuant to the first subparagraph, point (a), by 29 December 2024. ESMA shall initiate the first…" - date: "2024-12-29" type: deadline article: "27db" context: "…CTPs. ESMA shall submit those draft regulatory technical standards to the Commission by 29 December 2024. Power is delegated to the Commission…" - date: "2024-12-29" type: deadline article: "27h" context: "…technical standards referred to in the first subparagraph to the Commission by 29 December 2024. Power is delegated to the Commission…" - date: "2024-12-29" type: review article: "13" context: "…technical standards referred to in the first subparagraph to the Commission by 29 December 2024. Power is delegated to the Commission…" - date: "2025-03-29" type: deadline article: "14" context: "…4. ESMA shall submit those draft regulatory technical standards to the Commission by 29 March 2025. Power is delegated to the Commission…" - date: "2025-03-29" type: deadline article: "15" context: "…ESMA shall submit those draft implementing technical standards to the Commission by 29 March 2025. Power is conferred on the Commission…" - date: "2025-03-29" type: deadline article: "5" context: "…ESMA shall submit those draft regulatory technical standards to the Commission by 29 March 2025. Power is delegated to the Commission…" - date: "2025-03-29" type: deadline article: "9" context: "…ESMA shall submit those draft regulatory technical standards to the Commission by 29 March 2025. Power is delegated to the Commission…" - date: "2025-03-29" type: review article: "52" context: "…the effects of the core market data and regulatory data on investments in SMEs. 14b. By 29 March 2025, the Commission shall, in close…" - date: "2025-09-05" type: deadline article: "25" context: "…ESMA shall submit those draft regulatory technical standards to the Commission by 5 September 2025. Power is delegated to the Commission…" - date: "2025-09-29" type: deadline article: "11a" context: "…technical standards referred to in the first subparagraph to the Commission by 29 September 2025. Power is delegated to the Commission…" - date: "2025-09-29" type: deadline article: "26" context: "…technical standards referred to in the first subparagraph to the Commission by 29 September 2025. Power is delegated to the Commission…" - date: "2025-09-29" type: deadline article: "27ha" context: "…1. ESMA shall submit those draft regulatory technical standards to the Commission by 29 September 2025. Power is delegated to the Commission…" - date: "2026-03-29" type: deadline article: "1" context: "…ESMA shall submit those draft regulatory technical standards to the Commission by 29 March 2026. Power is delegated to the Commission…" - date: "2026-06-30" type: deadline article: "39a" context: "…firms under its jurisdiction from the prohibition laid down in paragraph 1 until 30 June 2026 where those investment firms provide…" - date: "2026-06-30" type: review article: "52" context: "…transitional period in accordance with Article 35(5) by a maximum of 30 months. 14. By 30 June 2026, ESMA, in close cooperation with the…" - date: "2027-09-29" type: review article: "5" context: "…in accordance with Articles 10 to 14 of Regulation (EU) No 1095/2010. 10. By 29 September 2027, and every year thereafter, ESMA…" - date: "2028-03-29" type: review article: "26" context: "…shall forward ESMA’s report to the European Parliament and to the Council. 11. By 29 March 2028, ESMA shall submit to the Commission…" - date: "2028-03-29" type: review article: "52" context: "…of Article 26 in accordance with the first subparagraph of this paragraph. 14c. By 29 March 2028, ESMA shall submit to the Commission…" generated_at: "2026-09-08T12:37:03.147Z" articles: - article_number: 1 article_title: Subject matter and scope chunk_file: /mifir/chunks/mifir_t01_subject_matter_scope_and_definitions.md path: "Title I > Article 1" applies_to_entities: - credit_institutions - competent_authorities - european_banking_authority - european_commission - european_central_bank topics: - financial_markets - investor_protection - scope - general_provisions - definitions - authorisation - competent_authorities - derivatives_clearing keywords: - authorisation - supervision - transaction - POS - ATM - data - access - branch - settlement - clearing - system - ITS - EBA - reporting - notification - investment firm - financial instrument - market operator - multilateral system - systematic internaliser contains: obligations: true prohibitions: true permissions: true definitions: true penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 23 - target: Article 28 - target: Article 20 - target: Article 21 - target: Article 8 - target: Article 8a - target: Article 8b - target: Article 10 - target: Article 24 - target: Article 50 external_references: - instrument_type: directive reference: "2014/65" - instrument_type: directive reference: "2013/36/EU" - instrument_type: regulation reference: "648/2012" - instrument_type: directive reference: "2014/65/EU" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 2 article_title: Definitions chunk_file: /mifir/chunks/mifir_t01_subject_matter_scope_and_definitions.md path: "Title I > Article 2" applies_to_entities: - credit_institutions - member_states - competent_authorities - european_commission - financial_entities topics: - financial_markets - investor_protection - scope - general_provisions - definitions - authorisation - credit_risk - depositary - trading_venues - derivatives_clearing - governance keywords: - API - authorisation - license - supervision - transaction - transfer - POS - security - data - access - branch - clearing - system - RTS - ITS - reporting - investment firm - investment services and activities - ancillary services - execution of orders on behalf of clients contains: obligations: true prohibitions: false permissions: false definitions: true penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 20 paragraph: "1" - target: Article 21 paragraph: "1" - target: Article 9 - target: Article 11 - target: Article 11a - target: Article 4 - target: Article 5 - target: Article 14 - target: Article 4 paragraph: "44" - target: Article 28 - target: Article 20 - target: Article 21 - target: Article 27b paragraph: "2" - target: Article 27 paragraph: "1" - target: Article 1 - target: Article 50 external_references: - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: regulation reference: "575/2013" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "648/2012" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: regulation reference: "648/2012" - instrument_type: directive reference: "2013/36/EU" - instrument_type: directive reference: "2009/138/EC" - instrument_type: directive reference: "2009/65/EC" - instrument_type: directive reference: "2011/61/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" recitals: [] - article_number: 3 article_title: "Pre-trade transparency requirements for trading venues in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments" chunk_file: /mifir/chunks/mifir_t02_ch01_transparency_for_equity_instruments.md path: "Title II > Chapter 1 > Article 3" applies_to_entities: [] topics: - financial_markets - investor_protection - transparency - information_requirements - depositary - trading_venues keywords: - POS - access - system - investment firm - financial instrument - market operator - trading venue - depositary receipts - etf - certificates - actionable indication of interest contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 14 external_references: [] recitals: [] - article_number: 4 article_title: Waivers for equity instruments chunk_file: /mifir/chunks/mifir_t02_ch01_transparency_for_equity_instruments.md path: "Title II > Chapter 1 > Article 4" applies_to_entities: - member_states - competent_authorities - european_commission topics: - financial_markets - investor_protection - transparency - information_requirements - competent_authorities - depositary - trading_venues - market_abuse keywords: - SCA - transaction - POS - data - system - ITS - notification - investment firm - market maker - financial instrument - market operator - trading venue - liquid market - competent authority - etf contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 3 paragraph: "1" - target: Article 5 - target: Article 3 paragraph: "2" external_references: - instrument_type: directive reference: "2014/65/EU" - instrument_type: regulation reference: "1095/2010" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 5 article_title: Volume cap chunk_file: /mifir/chunks/mifir_t02_ch01_transparency_for_equity_instruments.md path: "Title II > Chapter 1 > Article 5" applies_to_entities: - european_commission topics: - financial_markets - investor_protection - transparency - information_requirements keywords: - transaction - POS - data - system - financial instrument - trading venue contains: obligations: true prohibitions: false permissions: false definitions: true penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 4 paragraph: "1" - target: Article 50 external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 6 article_title: "Post-trade transparency requirements for trading venues in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments" chunk_file: /mifir/chunks/mifir_t02_ch01_transparency_for_equity_instruments.md path: "Title II > Chapter 1 > Article 6" applies_to_entities: [] topics: - financial_markets - investor_protection - transparency - information_requirements - depositary - trading_venues keywords: - transaction - POS - access - investment firm - financial instrument - market operator - trading venue - depositary receipts - etf - certificates contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 20 external_references: [] recitals: [] - article_number: 7 article_title: Authorisation of deferred publication chunk_file: /mifir/chunks/mifir_t02_ch01_transparency_for_equity_instruments.md path: "Title II > Chapter 1 > Article 7" applies_to_entities: - member_states - competent_authorities - european_commission topics: - financial_markets - investor_protection - transparency - information_requirements - authorisation - competent_authorities - depositary - trading_venues keywords: - SCA - authorisation - transaction - POS - system - investment firm - financial instrument - market operator - systematic internaliser - trading venue - competent authority - etf contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 6 paragraph: "1" - target: Article 20 - target: Article 20 paragraph: "1" external_references: - instrument_type: regulation reference: "1095/2010" - instrument_type: directive reference: "2014/65/EU" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 8 article_title: "Pre-trade transparency requirements for trading venues in respect of bonds, structured finance products and emission allowances" chunk_file: /mifir/chunks/mifir_t02_ch02_transparency_for_non_equity_instruments.md path: "Title II > Chapter 2 > Article 8" applies_to_entities: [] topics: - financial_markets - investor_protection - transparency - information_requirements - trading_venues keywords: - system - investment firm - market operator - trading venue - structured finance products contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 8a article_title: Pre-trade transparency requirements for trading venues in respect of derivatives chunk_file: /mifir/chunks/mifir_t02_ch02_transparency_for_non_equity_instruments.md path: "Title II > Chapter 2 > Article 8a" applies_to_entities: - credit_institutions topics: - financial_markets - investor_protection - transparency - information_requirements - trading_venues - derivatives_clearing keywords: - clearing - system - investment firm - market operator - regulated market - mtf - otf - trading venue - derivatives - exchange-traded derivative - otc derivative - apa contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 50 external_references: - instrument_type: regulation reference: "648/2012" recitals: [] - article_number: 8b article_title: Pre-trade transparency requirements for trading venues in respect of package orders chunk_file: /mifir/chunks/mifir_t02_ch02_transparency_for_non_equity_instruments.md path: "Title II > Chapter 2 > Article 8b" applies_to_entities: [] topics: - financial_markets - investor_protection - transparency - information_requirements - trading_venues keywords: - POS - system - investment firm - market operator - trading venue - structured finance products - derivatives - package order contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 9 article_title: "Waivers for bonds, structured finance products, emission allowances, derivatives and package orders" chunk_file: /mifir/chunks/mifir_t02_ch02_transparency_for_non_equity_instruments.md path: "Title II > Chapter 2 > Article 9" applies_to_entities: - member_states - competent_authorities - european_commission topics: - financial_markets - investor_protection - transparency - information_requirements - competent_authorities - trading_venues keywords: - SCA - POS - system - ITS - notification - investment firm - financial instrument - market operator - trading venue - liquid market - competent authority - structured finance products - derivatives - otc derivative - exchange for physical - package order contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 8 paragraph: "1" - target: Article 8a paragraph: "1" - target: Article 8a paragraph: "2" - target: Article 8b paragraph: "1" - target: Article 28 - target: Article 8 - target: Article 2 paragraph: "1" - target: Article 8 paragraph: "2" - target: Article 8a paragraph: "3" - target: Article 8b paragraph: "2" external_references: - instrument_type: regulation reference: "1095/2010" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 10 article_title: "Post-trade transparency requirements for trading venues in respect of bonds, structured finance products, emission allowances and derivatives" chunk_file: /mifir/chunks/mifir_t02_ch02_transparency_for_non_equity_instruments.md path: "Title II > Chapter 2 > Article 10" applies_to_entities: [] topics: - financial_markets - investor_protection - transparency - information_requirements - trading_venues keywords: - transaction - POS - access - investment firm - financial instrument - market operator - trading venue - structured finance products - derivatives - exchange-traded derivative - otc derivative - package transaction contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 8a paragraph: "2" - target: Article 21 - target: Article 11 external_references: [] recitals: [] - article_number: 11 article_title: "Deferred publication in respect of bonds, structured finance products or emission allowances" chunk_file: /mifir/chunks/mifir_t02_ch02_transparency_for_non_equity_instruments.md path: "Title II > Chapter 2 > Article 11" applies_to_entities: - member_states - competent_authorities - european_commission topics: - financial_markets - investor_protection - transparency - information_requirements - competent_authorities - trading_venues keywords: - transaction - POS - data - ITS - investment firm - financial instrument - market operator - trading venue - liquid market - competent authority - structured finance products - ctp - sovereign debt contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 9 paragraph: "5" - target: Article 10 - target: Article 22b paragraph: "2" - target: Article 27g - target: Article 10 paragraph: "1" - target: Article 21 paragraph: "1" - target: Article 2 paragraph: "1" external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 11a article_title: Deferred publication in respect of derivatives chunk_file: /mifir/chunks/mifir_t02_ch02_transparency_for_non_equity_instruments.md path: "Title II > Chapter 2 > Article 11a" applies_to_entities: - competent_authorities - european_commission topics: - financial_markets - investor_protection - transparency - information_requirements - competent_authorities - trading_venues - derivatives_clearing keywords: - transaction - POS - data - ITS - investment firm - financial instrument - market operator - trading venue - liquid market - competent authority - derivatives - exchange-traded derivative - otc derivative - ctp contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 8a paragraph: "2" - target: Article 9 paragraph: "5" - target: Article 10 - target: Article 22b paragraph: "2" - target: Article 27g - target: Article 10 paragraph: "1" - target: Article 21 paragraph: "1" - target: Article 2 paragraph: "1" external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 12 article_title: Obligation to make pre-trade and post-trade data available separately chunk_file: /mifir/chunks/mifir_t02_ch03_obligation_to_offer_trade_data_on_a_sepa.md path: "Title II > Chapter 3 > Article 12" applies_to_entities: - european_commission topics: - financial_markets - investor_protection - trading_venues keywords: - SEPA - POS - data - investment firm - market operator - trading venue contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 13 article_title: Obligation to make pre-trade and post-trade data available on a reasonable commercial basis chunk_file: /mifir/chunks/mifir_t02_ch03_obligation_to_offer_trade_data_on_a_sepa.md path: "Title II > Chapter 3 > Article 13" applies_to_entities: - competent_authorities - european_commission topics: - financial_markets - investor_protection - information_requirements - trading_venues keywords: - POS - data - access - system - ITS - investment firm - market operator - systematic internaliser - trading venue - competent authority - apa - ctp contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 14 article_title: "Obligation for systematic internalisers to make public firm quotes in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments" chunk_file: /mifir/chunks/mifir_t03_transparency_for_systematic_internaliser.md path: "Title III > Article 14" applies_to_entities: - competent_authorities - european_commission topics: - financial_markets - investor_protection - transparency - information_requirements - depositary - trading_venues keywords: - SCA - POS - system - ITS - investment firm - client - financial instrument - systematic internaliser - trading venue - liquid market - competent authority - depositary receipts - etf - certificates contains: obligations: true prohibitions: true permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 15 - target: Article 16 - target: Article 17 - target: Article 26 external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 15 article_title: Execution of client orders chunk_file: /mifir/chunks/mifir_t03_transparency_for_systematic_internaliser.md path: "Title III > Article 15" applies_to_entities: - member_states - competent_authorities - european_commission topics: - financial_markets - investor_protection - transparency - information_requirements - depositary keywords: - transaction - POS - system - ITS - notification - client - professional client - financial instrument - systematic internaliser - competent authority - depositary receipts - etf - certificates contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: true transitional: false internal_references: [] external_references: - instrument_type: directive reference: "2014/65" - instrument_type: directive reference: "2014/65/EU" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 16 article_title: Obligations of competent authorities chunk_file: /mifir/chunks/mifir_t03_transparency_for_systematic_internaliser.md path: "Title III > Article 16" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection - transparency - information_requirements - competent_authorities keywords: - system - systematic internaliser contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 15 paragraph: "1" - target: Article 15 paragraph: "2" external_references: [] recitals: [] - article_number: 17 article_title: Access to quotes chunk_file: /mifir/chunks/mifir_t03_transparency_for_systematic_internaliser.md path: "Title III > Article 17" applies_to_entities: - european_commission topics: - financial_markets - investor_protection - transparency - information_requirements - depositary - trading_venues keywords: - transaction - POS - access - settlement - system - investment firm - client - financial instrument - systematic internaliser - regulated market - depositary receipts - etf - certificates - apa contains: obligations: true prohibitions: false permissions: true definitions: true penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 50 - target: Article 15 paragraph: "1" - target: Article 15 paragraph: "3" - target: Article 15 paragraph: "2" external_references: - instrument_type: directive reference: "2014/65" recitals: [] - article_number: 17a article_title: Tick sizes chunk_file: /mifir/chunks/mifir_t03_transparency_for_systematic_internaliser.md path: "Title III > Article 17a" applies_to_entities: [] topics: - financial_markets - investor_protection - transparency - information_requirements keywords: - system - systematic internaliser contains: obligations: true prohibitions: true permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 15 paragraph: "2" external_references: - instrument_type: directive reference: "2014/65/EU" recitals: [] - article_number: 20 article_title: "Post-trade disclosure by investment firms, including systematic internalisers, in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments" chunk_file: /mifir/chunks/mifir_t03_transparency_for_systematic_internaliser.md path: "Title III > Article 20" applies_to_entities: - european_commission topics: - financial_markets - investor_protection - transparency - information_requirements - depositary - trading_venues keywords: - transaction - POS - system - ITS - investment firm - client - financial instrument - systematic internaliser - trading venue - depositary receipts - etf - certificates - apa contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 6 - target: Article 7 paragraph: "2" - target: Article 7 external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 21 article_title: "Post-trade disclosure by investment firms in respect of bonds, structured finance products, emission allowances and derivatives" chunk_file: /mifir/chunks/mifir_t03_transparency_for_systematic_internaliser.md path: "Title III > Article 21" applies_to_entities: - european_commission topics: - financial_markets - investor_protection - transparency - information_requirements - trading_venues keywords: - transaction - POS - ITS - investment firm - client - financial instrument - trading venue - structured finance products - derivatives - otc derivative - apa contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 8a paragraph: "2" - target: Article 10 - target: Article 11 paragraph: "4" - target: Article 11a paragraph: "3" - target: Article 11 - target: Article 11a - target: Article 27g external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 21a article_title: Designated publishing entities chunk_file: /mifir/chunks/mifir_t03_transparency_for_systematic_internaliser.md path: "Title III > Article 21a" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection - transparency - information_requirements - competent_authorities keywords: - transaction - ITS - investment firm - financial instrument - designated publishing entity - competent authority - apa contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 20 paragraph: "1" - target: Article 21 paragraph: "1" external_references: [] recitals: [] - article_number: 22 article_title: Providing information for the purposes of transparency and other calculations chunk_file: /mifir/chunks/mifir_t03_transparency_for_systematic_internaliser.md path: "Title III > Article 22" applies_to_entities: - competent_authorities - european_commission topics: - financial_markets - investor_protection - transparency - information_requirements keywords: - POS - data - RTS - financial instrument - trading venue - apa - ctp contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 4 paragraph: "4" - target: Article 7 paragraph: "1" - target: Article 9 paragraph: "2" - target: Article 11 paragraph: "3" - target: Article 11a paragraph: "1" external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 22a article_title: Transmission of data to the CTP chunk_file: /mifir/chunks/mifir_t03_transparency_for_systematic_internaliser.md path: "Title III > Article 22a" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection - transparency - information_requirements - competent_authorities - trading_venues keywords: - POS - data - ITS - notification - investment firm - sme growth market - market operator - regulated market - trading venue - competent authority - close links - etf - derivatives - otc derivative - apa - ctp - arm - regulatory data contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 8a paragraph: "2" - target: Article 3 paragraph: "1" - target: Article 4 - target: Article 6 paragraph: "1" - target: Article 10 paragraph: "1" - target: Article 20 - target: Article 21 - target: Article 22b paragraph: "3" - target: Article 27h paragraph: "5" - target: Article 27h paragraph: "6" - target: Article 27h paragraph: "7" - target: Article 7 - target: Article 11 - target: Article 11a - target: Article 20 paragraph: "2" - target: Article 21 paragraph: "4" - target: Article 38g external_references: - instrument_type: directive reference: "2014/65/EU" recitals: [] - article_number: 22b article_title: Data quality chunk_file: /mifir/chunks/mifir_t03_transparency_for_systematic_internaliser.md path: "Title III > Article 22b" applies_to_entities: - european_commission topics: - financial_markets - investor_protection - transparency - information_requirements keywords: - POS - data - ITS - reporting - ctp - core market data contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 22a paragraph: "1" - target: Article 27h paragraph: "1" - target: Article 4 paragraph: "6" - target: Article 7 paragraph: "2" - target: Article 11 paragraph: "4" - target: Article 11a paragraph: "3" - target: Article 3 - target: Article 6 - target: Article 8 - target: Article 8a - target: Article 8b - target: Article 10 - target: Article 11 - target: Article 11a - target: Article 14 - target: Article 20 - target: Article 21 - target: Article 27g external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 22c article_title: Synchronisation of business clocks chunk_file: /mifir/chunks/mifir_t03_transparency_for_systematic_internaliser.md path: "Title III > Article 22c" applies_to_entities: - european_commission topics: - financial_markets - investor_protection - transparency - information_requirements keywords: - system - systematic internaliser - trading venue - apa - ctp contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 23 article_title: Trading obligation for investment firms chunk_file: /mifir/chunks/mifir_t03_transparency_for_systematic_internaliser.md path: "Title III > Article 23" applies_to_entities: - european_commission topics: - financial_markets - investor_protection - transparency - information_requirements - authorisation - depositary - trading_venues keywords: - authorisation - transaction - POS - system - investment firm - client - financial instrument - systematic internaliser - regulated market - mtf - trading venue - depositary receipts - etf - certificates contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 23a article_title: Accessibility of information on the European single access point chunk_file: /mifir/chunks/mifir_t03_transparency_for_systematic_internaliser.md path: "Title III > Article 23a" applies_to_entities: [] topics: - financial_markets - investor_protection - transparency - information_requirements - data_protection keywords: - data - access - investment firm contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 14 paragraph: "6" - target: Article 15 paragraph: "1" - target: Article 18 - target: Article 27 - target: Article 34 - target: Article 40 - target: Article 42 - target: Article 44 - target: Article 45 - target: Article 48 external_references: [] recitals: [] - article_number: 24 article_title: Obligation to uphold integrity of markets chunk_file: /mifir/chunks/mifir_t04_transaction_reporting.md path: "Title IV > Article 24" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection - transaction_reporting keywords: - investment firm contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 25 article_title: Obligation to maintain records chunk_file: /mifir/chunks/mifir_t04_transaction_reporting.md path: "Title IV > Article 25" applies_to_entities: - competent_authorities - european_commission topics: - financial_markets - investor_protection - transaction_reporting - trading_venues keywords: - transaction - POS - data - access - system - investment firm - client - financial instrument - trading venue - competent authority - apa contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 26 paragraph: "1" - target: Article 26 paragraph: "3" - target: Article 26 external_references: - instrument_type: directive reference: "2005/60/EC" - instrument_type: regulation reference: "1095/2010" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 26 article_title: Obligation to report transactions chunk_file: /mifir/chunks/mifir_t04_transaction_reporting.md path: "Title IV > Article 26" applies_to_entities: - credit_institutions - member_states - competent_authorities - european_commission - european_central_bank topics: - financial_markets - investor_protection - transaction_reporting - authorisation - competent_authorities - trading_venues keywords: - authentication - supervision - transaction - transfer - POS - security - data - access - branch - system - RTS - ITS - guidelines - reporting - investment firm - client - financial instrument - trading venue - competent authority - derivatives contains: obligations: true prohibitions: true permissions: true definitions: true penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 8a paragraph: "2" - target: Article 20 paragraph: "3" - target: Article 21 paragraph: "5" - target: Article 24 external_references: - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: regulation reference: "1095/2010" - instrument_type: directive reference: "2014/65/EU" - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "648/2012" - instrument_type: directive reference: "2014/65/EU" - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 27 article_title: Obligation to supply financial instrument reference data chunk_file: /mifir/chunks/mifir_t04_transaction_reporting.md path: "Title IV > Article 27" applies_to_entities: - competent_authorities - european_commission topics: - financial_markets - investor_protection - transaction_reporting - liability - payment_systems - trading_venues keywords: - transaction - POS - data - access - settlement - clearing - system - ITS - reporting - investment firm - financial instrument - trading venue - designated publishing entity - derivatives - otc derivative contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 26 - target: Article 3 - target: Article 6 - target: Article 8 - target: Article 8a - target: Article 8b - target: Article 10 - target: Article 14 - target: Article 20 - target: Article 21 - target: Article 26 paragraph: "2" - target: Article 50 - target: Article 8a paragraph: "2" external_references: - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 27a article_title: "" chunk_file: /mifir/chunks/mifir_t04_ch01_authorisation_of_data_reporting_services.md path: "Title IV > Chapter 1 > Article 27a" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection - authorisation keywords: - POS - competent authority contains: obligations: false prohibitions: false permissions: false definitions: true penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: directive reference: "2014/65/EU" recitals: [] - article_number: 27b article_title: Requirement for authorisation chunk_file: /mifir/chunks/mifir_t04_ch01_authorisation_of_data_reporting_services.md path: "Title IV > Chapter 1 > Article 27b" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection - authorisation - trading_venues keywords: - authorisation - supervision - data - reporting - investment firm - market operator - trading venue - competent authority - apa - ctp - arm - data reporting services provider contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 2 paragraph: "3" - target: Article 27e external_references: [] recitals: [] - article_number: 27c article_title: Authorisation of data reporting services providers chunk_file: /mifir/chunks/mifir_t04_ch01_authorisation_of_data_reporting_services.md path: "Title IV > Chapter 1 > Article 27c" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection - authorisation keywords: - authorisation - POS - data - ITS - reporting - competent authority - data reporting services provider contains: obligations: true prohibitions: false permissions: false definitions: true penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 27d article_title: Procedures for granting and refusing applications for authorisation of ARMs and APAs chunk_file: /mifir/chunks/mifir_t04_ch01_authorisation_of_data_reporting_services.md path: "Title IV > Chapter 1 > Article 27d" applies_to_entities: - competent_authorities - european_commission topics: - financial_markets - investor_protection - authorisation - information_requirements keywords: - authorisation - ITS - notification - competent authority - apa - arm contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: true transitional: false internal_references: - target: Article 27f paragraph: "2" external_references: - instrument_type: regulation reference: "1095/2010" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 27da article_title: Procedure for the selection of a single CTP for each asset class chunk_file: /mifir/chunks/mifir_t04_ch01_authorisation_of_data_reporting_services.md path: "Title IV > Chapter 1 > Article 27da" applies_to_entities: [] topics: - financial_markets - investor_protection - authorisation - operational_resilience - derivatives_clearing keywords: - interface - authorisation - SEPA - POS - data - ITS - etf - derivatives - otc derivative - apa - ctp - core market data - regulatory data contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 27 paragraph: "5" - target: Article 27h - target: Article 13 - target: Article 27h paragraph: "5" external_references: [] recitals: [] - article_number: 27db article_title: Procedures for granting and refusing applications for authorisation of CTPs chunk_file: /mifir/chunks/mifir_t04_ch01_authorisation_of_data_reporting_services.md path: "Title IV > Chapter 1 > Article 27db" applies_to_entities: - european_commission topics: - financial_markets - investor_protection - authorisation - information_requirements keywords: - authorisation - notification - ctp contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: true transitional: false internal_references: - target: Article 27h - target: Article 27e - target: Article 27d - target: Article 27f paragraph: "2" external_references: - instrument_type: regulation reference: "1095/2010" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 27e article_title: Withdrawal of authorisation chunk_file: /mifir/chunks/mifir_t04_ch01_authorisation_of_data_reporting_services.md path: "Title IV > Chapter 1 > Article 27e" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection - authorisation keywords: - authorisation - transfer - data - system - ITS - reporting - client - competent authority - data reporting services provider contains: obligations: true prohibitions: false permissions: true definitions: true penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 27f article_title: Requirements for the management body of a data reporting services provider chunk_file: /mifir/chunks/mifir_t04_ch01_authorisation_of_data_reporting_services.md path: "Title IV > Chapter 1 > Article 27f" applies_to_entities: - competent_authorities - european_commission topics: - financial_markets - investor_protection - authorisation - trading_venues - governance - conflicts_of_interest keywords: - authorisation - POS - data - ITS - reporting - client - market operator - regulated market - competent authority - management body - senior management - apa - ctp - arm - data reporting services provider contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 27d external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 27g article_title: Organisational requirements for APAs chunk_file: /mifir/chunks/mifir_t04_ch02_conditions_for_apas_ctps_and_arms.md path: "Title IV > Chapter 2 > Article 27g" applies_to_entities: - competent_authorities - european_commission topics: - financial_markets - investor_protection - trading_venues - conflicts_of_interest - consolidation keywords: - transaction - SEPA - POS - security - data - access - system - network - RTS - ITS - EBA - reporting - investment firm - client - financial instrument - market operator - systematic internaliser - trading venue - competent authority - apa contains: obligations: true prohibitions: false permissions: true definitions: true penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 20 - target: Article 21 - target: Article 20 paragraph: "1" - target: Article 21 paragraph: "1" external_references: - instrument_type: regulation reference: "2022/2554" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 27h article_title: Organisational requirements for CTPs chunk_file: /mifir/chunks/mifir_t04_ch02_conditions_for_apas_ctps_and_arms.md path: "Title IV > Chapter 2 > Article 27h" applies_to_entities: - competent_authorities - european_commission topics: - financial_markets - investor_protection - authorisation - trading_venues keywords: - authorisation - transaction - transfer - POS - security - data - access - system - scheme - ITS - sme growth market - financial instrument - regulated market - trading venue - etf - ctp - core market data - regulatory data contains: obligations: true prohibitions: true permissions: true definitions: true penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 4 paragraph: "1" - target: Article 22a - target: Article 22b - target: Article 22c external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 27ha article_title: Reporting obligations for CTPs chunk_file: /mifir/chunks/mifir_t04_ch02_conditions_for_apas_ctps_and_arms.md path: "Title IV > Chapter 2 > Article 27ha" applies_to_entities: - competent_authorities - european_commission topics: - financial_markets - investor_protection keywords: - POS - data - access - system - RTS - ITS - reporting - competent authority - ctp contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 27i article_title: Organisational requirements for ARMs chunk_file: /mifir/chunks/mifir_t04_ch02_conditions_for_apas_ctps_and_arms.md path: "Title IV > Chapter 2 > Article 27i" applies_to_entities: - competent_authorities - european_commission topics: - financial_markets - investor_protection - conflicts_of_interest keywords: - transaction - SEPA - POS - security - data - access - system - network - RTS - ITS - EBA - reporting - investment firm - client - market operator - competent authority - arm contains: obligations: true prohibitions: false permissions: true definitions: true penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 26 external_references: - instrument_type: regulation reference: "2022/2554" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 28 article_title: "Obligation to trade on regulated markets, MTFs or OTFs" chunk_file: /mifir/chunks/mifir_t05_derivatives.md path: "Title V > Article 28" applies_to_entities: - european_commission topics: - financial_markets - investor_protection - authorisation - trading_venues - market_abuse - derivatives_clearing - committee_procedure keywords: - authorisation - supervision - transaction - POS - clearing - system - financial instrument - regulated market - mtf - otf - trading venue - derivatives - apa contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 32 - target: Article 34 - target: Article 51 paragraph: "2" external_references: - instrument_type: regulation reference: "648/2012" - instrument_type: directive reference: "2014/65/EU" - instrument_type: regulation reference: "1095/2010" - instrument_type: regulation reference: "648/2012" recitals: [] - article_number: 29 article_title: Clearing obligation for derivatives traded on regulated markets and timing of acceptance for clearing chunk_file: /mifir/chunks/mifir_t05_derivatives.md path: "Title V > Article 29" applies_to_entities: - european_commission topics: - financial_markets - investor_protection - trading_venues - derivatives_clearing keywords: - transaction - clearing - system - investment firm - regulated market - trading venue - derivatives - ccp contains: obligations: true prohibitions: false permissions: false definitions: true penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 30 article_title: Indirect Clearing Arrangements chunk_file: /mifir/chunks/mifir_t05_derivatives.md path: "Title V > Article 30" applies_to_entities: - european_commission topics: - financial_markets - investor_protection keywords: - POS - clearing - derivatives - exchange-traded derivative - otc derivative contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 31 article_title: Post-trade risk reduction services chunk_file: /mifir/chunks/mifir_t05_derivatives.md path: "Title V > Article 31" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection keywords: - transaction - POS - investment firm - client - market operator - competent authority - derivatives - otc derivative contains: obligations: true prohibitions: true permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 8a - target: Article 10 - target: Article 21 - target: Article 28 - target: Article 50 external_references: - instrument_type: directive reference: "2014/65/EU" - instrument_type: regulation reference: "648/2012" recitals: [] - article_number: 32 article_title: Trading obligation procedure chunk_file: /mifir/chunks/mifir_t05_derivatives.md path: "Title V > Article 32" applies_to_entities: - competent_authorities - european_commission - financial_entities topics: - financial_markets - investor_protection - authorisation - trading_venues - derivatives_clearing - committee_procedure - implementing_acts keywords: - authorisation - transaction - POS - clearing - ITS - notification - trading venue - derivatives - ccp - otc derivative contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: true rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 28 paragraph: "1" - target: Article 51 external_references: - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "1095/2010" - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "648/2012" recitals: [] - article_number: 32a article_title: Stand-alone suspension of the trading obligation chunk_file: /mifir/chunks/mifir_t05_derivatives.md path: "Title V > Article 32a" applies_to_entities: - member_states - competent_authorities - european_commission topics: - financial_markets - investor_protection - authorisation - competent_authorities - trading_venues - derivatives_clearing - committee_procedure - implementing_acts keywords: - clearing - ITS - market maker - trading venue - competent authority - derivatives - ccp - otc derivative contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: true rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 51 - target: Article 34 external_references: - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "648/2012" recitals: [] - article_number: 33 article_title: Mechanism to avoid duplicative or conflicting rules chunk_file: /mifir/chunks/mifir_t05_derivatives.md path: "Title V > Article 33" applies_to_entities: - european_commission topics: - financial_markets - investor_protection - committee_procedure - implementing_acts keywords: - supervision - transaction - POS - RTS contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: true rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 28 - target: Article 29 - target: Article 51 external_references: [] recitals: [] - article_number: 34 article_title: Register of derivatives subject to the trading obligation chunk_file: /mifir/chunks/mifir_t05_derivatives.md path: "Title V > Article 34" applies_to_entities: [] topics: - financial_markets - investor_protection keywords: - ITS - derivatives contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 28 paragraph: "1" external_references: [] recitals: [] - article_number: 35 article_title: Non-discriminatory access to a CCP chunk_file: /mifir/chunks/mifir_t06_non_discriminatory_clearing_access_for_f.md path: "Title VI > Article 35" applies_to_entities: - member_states - competent_authorities - european_commission topics: - financial_markets - investor_protection - data_access - payment_systems - authorisation - competent_authorities - trading_venues keywords: - authorisation - transaction - transfer - POS - ATM - access - clearing - system - ITS - notification - financial instrument - trading venue - competent authority - close links - transferable securities - derivatives - ccp - exchange-traded derivative - liquidity fragmentation contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: true internal_references: - target: Article 36 paragraph: "5" - target: Article 36 external_references: - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 36 article_title: Non-discriminatory access to a trading venue chunk_file: /mifir/chunks/mifir_t06_non_discriminatory_clearing_access_for_f.md path: "Title VI > Article 36" applies_to_entities: - member_states - competent_authorities - european_commission topics: - financial_markets - investor_protection - data_access - payment_systems - authorisation - trading_venues keywords: - transaction - POS - access - system - ITS - notification - financial instrument - trading venue - competent authority - close links - derivatives - ccp - exchange-traded derivative - liquidity fragmentation contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: true internal_references: - target: Article 35 paragraph: "5" external_references: - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 37 article_title: Non-discriminatory access to and obligation to licence benchmarks chunk_file: /mifir/chunks/mifir_t06_non_discriminatory_clearing_access_for_f.md path: "Title VI > Article 37" applies_to_entities: - european_commission topics: - financial_markets - investor_protection - data_access - payment_systems - authorisation - trading_venues keywords: - license - licence - POS - data - access - clearing - RTS - financial instrument - trading venue - ccp - benchmark contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 101 external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 38 article_title: Access for third-country CCPs and trading venues chunk_file: /mifir/chunks/mifir_t06_non_discriminatory_clearing_access_for_f.md path: "Title VI > Article 38" applies_to_entities: - european_commission topics: - financial_markets - investor_protection - data_access - payment_systems - authorisation - trading_venues - committee_procedure keywords: - authorisation - licence - supervision - POS - data - access - clearing - system - financial instrument - trading venue - ccp - benchmark contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 28 paragraph: "4" - target: Article 35 - target: Article 36 - target: Article 37 - target: Article 51 external_references: - instrument_type: regulation reference: "648/2012" recitals: [] - article_number: 38a article_title: Exercise of ESMA’s powers chunk_file: /mifir/chunks/mifir_t06_ch01_competences_and_procedures.md path: "Title VI > Chapter 1 > Article 38a" applies_to_entities: [] topics: - financial_markets - investor_protection - authorisation keywords: [] contains: obligations: true prohibitions: true permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 38b article_title: Request for information chunk_file: /mifir/chunks/mifir_t06_ch01_competences_and_procedures.md path: "Title VI > Chapter 1 > Article 38b" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection - authorisation - trading_venues keywords: - penalty - POS - data - ITS - reporting - investment firm - client - market operator - trading venue - competent authority - apa - ctp - arm contains: obligations: true prohibitions: false permissions: true definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 38h - target: Article 38i external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 38c article_title: General investigations chunk_file: /mifir/chunks/mifir_t06_ch01_competences_and_procedures.md path: "Title VI > Chapter 1 > Article 38c" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection - authorisation - enforcement keywords: - authorisation - penalty - POS - data - consent - ITS - competent authority contains: obligations: true prohibitions: true permissions: true definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 38b paragraph: "1" - target: Article 38i - target: Article 38h external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 38d article_title: On-site inspections chunk_file: /mifir/chunks/mifir_t06_ch01_competences_and_procedures.md path: "Title VI > Chapter 1 > Article 38d" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection - authorisation - enforcement keywords: - authorisation - penalty - POS - ITS - competent authority contains: obligations: true prohibitions: true permissions: true definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 38b paragraph: "1" - target: Article 38i external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 38e article_title: Exchange of information chunk_file: /mifir/chunks/mifir_t06_ch01_competences_and_procedures.md path: "Title VI > Chapter 1 > Article 38e" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection - competent_authorities keywords: - POS contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 38f article_title: Professional secrecy chunk_file: /mifir/chunks/mifir_t06_ch01_competences_and_procedures.md path: "Title VI > Chapter 1 > Article 38f" applies_to_entities: [] topics: - financial_markets - investor_protection keywords: - RTS contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: directive reference: "2014/65/EU" recitals: [] - article_number: 38g article_title: Supervisory measures by ESMA chunk_file: /mifir/chunks/mifir_t06_ch01_competences_and_procedures.md path: "Title VI > Chapter 1 > Article 38g" applies_to_entities: - competent_authorities - european_commission topics: - financial_markets - investor_protection - enforcement keywords: - penalty - POS - ITS contains: obligations: true prohibitions: false permissions: false definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 38b paragraph: "1" - target: Article 38h - target: Article 38i external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 38h article_title: Fines chunk_file: /mifir/chunks/mifir_t06_ch02_administrative_sanctions_and_other_admin.md path: "Title VI > Chapter 2 > Article 38h" applies_to_entities: [] topics: - financial_markets - investor_protection - enforcement - sanctions keywords: - POS contains: obligations: true prohibitions: false permissions: false definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 38k paragraph: "5" - target: Article 38b paragraph: "1" - target: Article 22 - target: Article 38g paragraph: "2" external_references: [] recitals: [] - article_number: 38i article_title: Periodic penalty payments chunk_file: /mifir/chunks/mifir_t06_ch02_administrative_sanctions_and_other_admin.md path: "Title VI > Chapter 2 > Article 38i" applies_to_entities: [] topics: - financial_markets - investor_protection - enforcement - sanctions keywords: - penalty - POS - data - notification contains: obligations: true prohibitions: false permissions: false definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 38g paragraph: "1" - target: Article 38b paragraph: "1" - target: Article 38b - target: Article 38c - target: Article 38d external_references: [] recitals: [] - article_number: 38j article_title: "Disclosure, nature, enforcement and allocation of fines and periodic penalty payments" chunk_file: /mifir/chunks/mifir_t06_ch02_administrative_sanctions_and_other_admin.md path: "Title VI > Chapter 2 > Article 38j" applies_to_entities: - competent_authorities - european_commission topics: - financial_markets - investor_protection - enforcement - sanctions - liability - data_protection keywords: - penalty - POS - data - ITS contains: obligations: true prohibitions: true permissions: false definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 38h - target: Article 38i external_references: - instrument_type: regulation reference: "2018/1725" recitals: [] - article_number: 38k article_title: Procedural rules for taking supervisory measures and imposing fines chunk_file: /mifir/chunks/mifir_t06_ch02_administrative_sanctions_and_other_admin.md path: "Title VI > Chapter 2 > Article 38k" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection - enforcement - sanctions - authorisation - liability keywords: - authorisation - supervision - penalty - POS - data - access - ITS - reporting - data reporting services provider contains: obligations: true prohibitions: true permissions: true definitions: false penalties: true delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 38b - target: Article 38c - target: Article 38d - target: Article 38l - target: Article 38g - target: Article 50 external_references: [] recitals: [] - article_number: 38l article_title: Hearing of the persons concerned chunk_file: /mifir/chunks/mifir_t06_ch02_administrative_sanctions_and_other_admin.md path: "Title VI > Chapter 2 > Article 38l" applies_to_entities: [] topics: - financial_markets - investor_protection - enforcement - sanctions - liability keywords: - POS - access - system - ITS contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 38g - target: Article 38h - target: Article 38i external_references: [] recitals: [] - article_number: 38m article_title: Review by the Court of Justice chunk_file: /mifir/chunks/mifir_t06_ch02_administrative_sanctions_and_other_admin.md path: "Title VI > Chapter 2 > Article 38m" applies_to_entities: [] topics: - financial_markets - investor_protection - enforcement - sanctions keywords: - penalty - POS contains: obligations: true prohibitions: false permissions: true definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 38n article_title: Authorisation and supervisory fees chunk_file: /mifir/chunks/mifir_t06_ch02_administrative_sanctions_and_other_admin.md path: "Title VI > Chapter 2 > Article 38n" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection - enforcement - sanctions - authorisation - refunds keywords: - authorisation - supervision - data - reporting - data reporting services provider contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 38o - target: Article 50 external_references: [] recitals: [] - article_number: 38o article_title: Delegation of tasks by ESMA to competent authorities chunk_file: /mifir/chunks/mifir_t06_ch02_administrative_sanctions_and_other_admin.md path: "Title VI > Chapter 2 > Article 38o" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection - enforcement - sanctions - refunds keywords: - guidelines - competent authority contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 38b - target: Article 38c - target: Article 38d - target: Article 38n paragraph: "3" external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 39 article_title: Market monitoring chunk_file: /mifir/chunks/mifir_t07_ch01_product_monitoring_and_intervention.md path: "Title VII > Chapter 1 > Article 39" applies_to_entities: - member_states - competent_authorities - european_banking_authority topics: - financial_markets - investor_protection - product_intervention - competent_authorities keywords: - POS - ITS - EBA - financial instrument - structured deposit contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: regulation reference: "1095/2010" - instrument_type: regulation reference: "1093/2010" recitals: [] - article_number: 39a article_title: Prohibition of receiving payment for order flow chunk_file: /mifir/chunks/mifir_t07_ch01_product_monitoring_and_intervention.md path: "Title VII > Chapter 1 > Article 39a" applies_to_entities: - member_states topics: - financial_markets - investor_protection - product_intervention - trading_venues keywords: - transaction - third party - ITS - EBA - investment firm - client - professional client - trading venue contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: directive reference: "2014/65/EU" recitals: [] - article_number: 40 article_title: ESMA temporary intervention powers chunk_file: /mifir/chunks/mifir_t07_ch01_product_monitoring_and_intervention.md path: "Title VII > Chapter 1 > Article 40" applies_to_entities: - competent_authorities - consumers topics: - financial_markets - investor_protection - product_intervention keywords: - consumer - POS - system - ITS - client - financial instrument - competent authority - derivatives contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 42 - target: Article 43 - target: Article 50 external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 41 article_title: EBA temporary intervention powers chunk_file: /mifir/chunks/mifir_t07_ch01_product_monitoring_and_intervention.md path: "Title VII > Chapter 1 > Article 41" applies_to_entities: - competent_authorities - european_banking_authority - consumers topics: - financial_markets - investor_protection - product_intervention keywords: - consumer - POS - system - ITS - EBA - client - competent authority - structured deposit contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 42 - target: Article 43 - target: Article 50 external_references: - instrument_type: regulation reference: "1093/2010" recitals: [] - article_number: 42 article_title: Product intervention by competent authorities chunk_file: /mifir/chunks/mifir_t07_ch01_product_monitoring_and_intervention.md path: "Title VII > Chapter 1 > Article 42" applies_to_entities: - member_states - competent_authorities topics: - financial_markets - investor_protection - product_intervention - competent_authorities keywords: - supervision - POS - system - ITS - EBA - notification - client - financial instrument - competent authority - structured deposit contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 50 external_references: [] recitals: [] - article_number: 43 article_title: Coordination by ESMA and EBA chunk_file: /mifir/chunks/mifir_t07_ch01_product_monitoring_and_intervention.md path: "Title VII > Chapter 1 > Article 43" applies_to_entities: - competent_authorities - european_banking_authority topics: - financial_markets - investor_protection - product_intervention keywords: - POS - ITS - EBA - notification - competent authority - structured deposit contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 42 external_references: [] recitals: [] - article_number: 44 article_title: Coordination of national position management measures and position limits by ESMA chunk_file: /mifir/chunks/mifir_t07_ch02_positions.md path: "Title VII > Chapter 2 > Article 44" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection keywords: - POS - data - ITS - notification - financial instrument contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" recitals: [] - article_number: 45 article_title: Position management powers of ESMA chunk_file: /mifir/chunks/mifir_t07_ch02_positions.md path: "Title VII > Chapter 2 > Article 45" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection keywords: - transaction - POS - system - ITS - notification - financial instrument - competent authority - derivatives - commodity derivatives - wholesale energy product - agricultural commodity derivatives contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 50 external_references: - instrument_type: regulation reference: "1095/2010" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" recitals: [] - article_number: 46 article_title: General provisions chunk_file: /mifir/chunks/mifir_t08_provision_of_services_and_performance_of.md path: "Title VIII > Article 46" applies_to_entities: - member_states - competent_authorities - european_commission topics: - financial_markets - investor_protection - authorisation keywords: - SCA - supervision - transaction - POS - data - access - branch - ITS - EBA - ancillary services - client - professional client - financial instrument - competent authority - close links - third-country firm contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: true transitional: false internal_references: - target: Article 47 - target: Article 47 paragraph: "1" - target: Article 47 paragraph: "2" - target: Article 49 external_references: - instrument_type: directive reference: "2014/65/EU" - instrument_type: regulation reference: "1095/2010" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 47 article_title: Equivalence decision chunk_file: /mifir/chunks/mifir_t08_provision_of_services_and_performance_of.md path: "Title VIII > Article 47" applies_to_entities: - member_states - competent_authorities - european_banking_authority - european_commission topics: - financial_markets - investor_protection - authorisation - market_abuse - governance - committee_procedure - implementing_acts keywords: - SCA - API - authorisation - supervision - POS - data - access - branch - cross-border - system - ITS - EBA - reporting - notification - investment firm - client - professional client - trading venue - competent authority - management body contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 51 paragraph: "2" - target: Article 50 - target: Article 46 paragraph: "2" - target: Article 20 - target: Article 21 - target: Article 26 - target: Article 23 - target: Article 28 - target: Article 48 - target: Article 46 - target: Article 46 paragraph: "1" - target: Article 49 external_references: - instrument_type: regulation reference: "575/2013" - instrument_type: regulation reference: "2019/2033" - instrument_type: directive reference: "2013/36/EU" - instrument_type: directive reference: "2014/65" - instrument_type: directive reference: "2019/2034" - instrument_type: directive reference: "2015/849" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2014/65/EU" recitals: [] - article_number: 48 article_title: Register chunk_file: /mifir/chunks/mifir_t08_provision_of_services_and_performance_of.md path: "Title VIII > Article 48" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection keywords: - supervision - access - competent authority - third-country firm contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 46 external_references: [] recitals: [] - article_number: 49 article_title: Measures to be taken by ESMA chunk_file: /mifir/chunks/mifir_t08_provision_of_services_and_performance_of.md path: "Title VIII > Article 49" applies_to_entities: - competent_authorities - european_banking_authority - european_commission topics: - financial_markets - investor_protection keywords: - POS - system - ITS - EBA - investment services and activities - ancillary services - competent authority contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 46 paragraph: "1" - target: Article 40 - target: Article 41 - target: Article 42 - target: Article 47 paragraph: "2" - target: Article 48 - target: Article 47 paragraph: "1" external_references: [] recitals: [] - article_number: 50 article_title: Exercise of the delegation chunk_file: /mifir/chunks/mifir_t09_ch01_delegated_acts.md path: "Title IX > Chapter 1 > Article 50" applies_to_entities: - european_commission topics: - financial_markets - investor_protection - delegated_acts keywords: - notification contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 1 paragraph: "9" - target: Article 2 paragraph: "2" - target: Article 2 paragraph: "3" - target: Article 5 paragraph: "10" - target: Article 8a paragraph: "4" - target: Article 17 paragraph: "3" - target: Article 27 paragraph: "4" - target: Article 27 paragraph: "5" - target: Article 31 paragraph: "4" - target: Article 38k paragraph: "10" - target: Article 38n paragraph: "3" - target: Article 40 paragraph: "8" - target: Article 41 paragraph: "8" - target: Article 42 paragraph: "7" - target: Article 45 paragraph: "10" - target: Article 52 paragraph: "10" external_references: [] recitals: [] - article_number: 51 article_title: Committee procedure chunk_file: /mifir/chunks/mifir_t09_ch02_implementing_acts.md path: "Title IX > Chapter 2 > Article 51" applies_to_entities: [] topics: - financial_markets - investor_protection - committee_procedure keywords: [] contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 52 article_title: Reports and review chunk_file: /mifir/chunks/mifir_t10_final_provisions.md path: "Title X > Article 52" applies_to_entities: - competent_authorities - european_commission - consumers topics: - financial_markets - investor_protection - final_provisions - authorisation - enforcement - market_abuse keywords: - API - authorisation - sanction - consumer - transaction - POS - data - access - system - scheme - RTS - ITS - investment firm - investment services and activities - client - professional client - financial instrument - regulated market - mtf - otf contains: obligations: true prohibitions: false permissions: true definitions: true penalties: true delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: true internal_references: - target: Article 3 - target: Article 4 - target: Article 5 - target: Article 6 - target: Article 7 - target: Article 8 - target: Article 9 - target: Article 10 - target: Article 11 - target: Article 12 - target: Article 13 - target: Article 4 paragraph: "2" - target: Article 4 paragraph: "3" - target: Article 9 paragraph: "2" - target: Article 4 paragraph: "1" - target: Article 26 - target: Article 26 paragraph: "1" - target: Article 25 - target: Article 28 - target: Article 36 - target: Article 35 - target: Article 37 - target: Article 35 paragraph: "5" - target: Article 50 - target: Article 22b paragraph: "2" - target: Article 5 paragraph: "1" external_references: - instrument_type: directive reference: "2014/65/EU" - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "648/2012" - instrument_type: directive reference: "2011/61/EU" - instrument_type: directive reference: "2009/65/EC" recitals: [] - article_number: 53 article_title: Amendment of Regulation (EU) No 648/2012 chunk_file: /mifir/chunks/mifir_t10_final_provisions.md path: "Title X > Article 53" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection - final_provisions - authorisation - trading_venues - derivatives_clearing keywords: - POS - ATM - data - access - clearing - trading venue - ccp - otc derivative contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: true its_mandate: false transitional: true internal_references: - target: Article 5 paragraph: "2" - target: Article 7 - target: Article 41 - target: Article 35 paragraph: "6" - target: Article 81 paragraph: "3" external_references: - instrument_type: regulation reference: "648/2012" - instrument_type: directive reference: "2014/65/EU" - instrument_type: regulation reference: "600/2014" recitals: [] - article_number: 54 article_title: Transitional provisions chunk_file: /mifir/chunks/mifir_t10_final_provisions.md path: "Title X > Article 54" applies_to_entities: - member_states - european_commission topics: - financial_markets - investor_protection - final_provisions keywords: [] contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: true internal_references: - target: Article 47 external_references: - instrument_type: regulation reference: "600/2014" recitals: [] - article_number: 54a article_title: Transitional measures related to ESMA chunk_file: /mifir/chunks/mifir_t10_final_provisions.md path: "Title X > Article 54a" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection - final_provisions - authorisation - competent_authorities keywords: - authorisation - transfer - POS - data - reporting - competent authority - apa - arm - data reporting services provider contains: obligations: true prohibitions: true permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: true internal_references: - target: Article 2 paragraph: "3" external_references: - instrument_type: directive reference: "2014/65/EU" recitals: [] - article_number: 54b article_title: Relations with auditors chunk_file: /mifir/chunks/mifir_t10_final_provisions.md path: "Title X > Article 54b" applies_to_entities: - competent_authorities topics: - financial_markets - investor_protection - final_provisions - authorisation - liability - enforcement keywords: - liability - authorisation - data - reporting - close links - data reporting services provider contains: obligations: true prohibitions: true permissions: false definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: directive reference: "2006/43/EC" - instrument_type: directive reference: "2013/34/EU" - instrument_type: directive reference: "2009/65/EC" recitals: [] - article_number: 55 article_title: Entry into force and application chunk_file: /mifir/chunks/mifir_t10_final_provisions.md path: "Title X > Article 55" applies_to_entities: [] topics: - financial_markets - investor_protection - final_provisions keywords: - ITS contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: true internal_references: - target: Article 1 paragraph: "8" - target: Article 1 paragraph: "9" - target: Article 2 paragraph: "2" - target: Article 4 paragraph: "6" - target: Article 5 paragraph: "6" - target: Article 5 paragraph: "9" - target: Article 7 paragraph: "2" - target: Article 9 paragraph: "5" - target: Article 11 paragraph: "4" - target: Article 12 paragraph: "2" - target: Article 13 paragraph: "2" - target: Article 14 paragraph: "7" - target: Article 15 paragraph: "5" - target: Article 17 paragraph: "3" - target: Article 19 paragraph: "2" - target: Article 19 paragraph: "3" - target: Article 20 paragraph: "3" - target: Article 21 paragraph: "5" - target: Article 22 paragraph: "4" - target: Article 23 paragraph: "3" - target: Article 25 paragraph: "3" - target: Article 26 paragraph: "9" - target: Article 27 paragraph: "3" - target: Article 28 paragraph: "4" - target: Article 28 paragraph: "5" - target: Article 29 paragraph: "3" - target: Article 30 paragraph: "2" - target: Article 31 paragraph: "4" - target: Article 32 paragraph: "1" - target: Article 32 paragraph: "5" - target: Article 33 paragraph: "2" - target: Article 35 paragraph: "6" - target: Article 36 paragraph: "6" - target: Article 37 paragraph: "4" - target: Article 38 paragraph: "3" - target: Article 40 paragraph: "8" - target: Article 41 paragraph: "8" - target: Article 42 paragraph: "7" - target: Article 45 paragraph: "10" - target: Article 46 paragraph: "7" - target: Article 47 paragraph: "1" - target: Article 47 paragraph: "4" - target: Article 52 paragraph: "10" - target: Article 52 paragraph: "12" - target: Article 54 paragraph: "1" - target: Article 37 paragraph: "1" - target: Article 37 paragraph: "2" - target: Article 37 paragraph: "3" external_references: [] recitals: []