What changes on 28/03/2024
The text in force from 09/01/2024 compared with the text from 28/03/2024, which includes the changes made by Regulation (EU) 2024/791.
12 inserted
40 amended
2 deleted
0 moved
Read the act as of 28/03/2024 · other versions: 26/03/2020 · 04/07/2020 · 26/06/2021 · 01/01/2022 · 09/01/2024 · 04/12/2024 · 17/01/2025
Title I
- amended Article 1 - Subject matter and scope
- amended Article 2 - Definitions
Title II › Chapter 1
- amended Article 4 - Waivers for equity instruments
- amended Article 5 - Volume cap
Title II › Chapter 2
- inserted Article 8a - Pre-trade transparency requirements for trading venues in respect of derivatives
- inserted Article 8b - Pre-trade transparency requirements for trading venues in respect of package orders
- inserted Article 11a - Deferred publication in respect of derivatives
- amended Article 8 - Pre-trade transparency requirements for trading venues in respect of bonds, structured finance products and emission allowances
- amended Article 9 - Waivers for bonds, structured finance products, emission allowances, derivatives and package orders
- amended Article 10 - Post-trade transparency requirements for trading venues in respect of bonds, structured finance products, emission allowances and derivatives
- amended Article 11 - Deferred publication in respect of bonds, structured finance products or emission allowances
Title II › Chapter 3
- amended Article 12 - Obligation to make pre-trade and post-trade data available separately
- amended Article 13 - Obligation to make pre-trade and post-trade data available on a reasonable commercial basis
Title III
- inserted Article 21a - Designated publishing entities
- inserted Article 22a - Transmission of data to the CTP
- inserted Article 22b - Data quality
- inserted Article 22c - Synchronisation of business clocks
- amended Article 14 - Obligation for systematic internalisers to make public firm quotes in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments
- amended Article 15 - Execution of client orders
- amended Article 16 - Obligations of competent authorities
- amended Article 17a - Tick sizes
- amended Article 20 - Post-trade disclosure by investment firms, including systematic internalisers, in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments
- amended Article 21 - Post-trade disclosure by investment firms in respect of bonds, structured finance products, emission allowances and derivatives
- amended Article 22 - Providing information for the purposes of transparency and other calculations
- amended Article 23 - Trading obligation for investment firms
- deleted Article 18 - Obligation for systematic internalisers to make public firm quotes in respect of bonds, structured finance products, emission allowances and derivatives last in force on the version of 09/01/2024
- deleted Article 19 - Monitoring by ESMA last in force on the version of 09/01/2024
Title IV
- amended Article 25 - Obligation to maintain records
- amended Article 26 - Obligation to report transactions
- amended Article 27 - Obligation to supply financial instrument reference data
Title IVA › Chapter 1
- inserted Article 27da - Procedure for the selection of a single CTP for each asset class
- inserted Article 27db - Procedures for granting and refusing applications for authorisation of CTPs
- amended Article 27d - Procedures for granting and refusing applications for authorisation of ARMs and APAs
- amended Article 27e - Withdrawal of authorisation
- amended Article 27f - Requirements for the management body of a data reporting services provider
Title IVA › Chapter 2
- inserted Article 27ha - Reporting obligations for CTPs
- amended Article 27g - Organisational requirements for APAs
- amended Article 27h - Organisational requirements for CTPs
- amended Article 27i - Organisational requirements for ARMs
Title V
- inserted Article 32a - Stand-alone suspension of the trading obligation
- amended Article 28 - Obligation to trade on regulated markets, MTFs or OTFs
- amended Article 31 - Post-trade risk reduction services
- amended Article 32 - Trading obligation procedure
Title VI
- amended Article 35 - Non-discriminatory access to a CCP
- amended Article 36 - Non-discriminatory access to a trading venue
- amended Article 38 - Access for third-country CCPs and trading venues
Title VIA › Chapter 1
Title VIA › Chapter 2
- amended Article 38h - Fines
Title VII › Chapter 1
Title IX › Chapter 1
Title X
- amended Article 52 - Reports and review
- amended Article 53 - Amendment of Regulation (EU) No 648/2012
- amended Article 54 - Transitional provisions
- amended Article 54b - Relations with auditors
7 provisions renumbered in position only (no text change)
Article 23a · Article 33 · Article 34 · Article 40 · Article 41 · Article 42 · Article 43