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Article 16 - Obligations of competent authorities

Article 16
Obligations of competent authorities

The competent authorities shall check the following:

(a)

that investment firms regularly update bid and offer prices published in accordance with Article 14 and maintain prices which reflect the prevailing market conditions;

(b)

that investment firms comply with the conditions for price improvement laid down in Article 15(2).

Official text · consolidated version 01/07/2016 (no longer in force) Open full page ↗
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