(11)The receipt of high-quality data is of the utmost importance for the functioning of the consolidated tape and the internal market and requires all data contributors and the consolidated tape provider to timestamp their data in a synchronised manner and thus to synchronise their business clocks. Regulation (EU) 2024/791 therefore amends Regulation (EU) No 600/2014 to extend that requirement, which under Directive 2014/65/EU applies only to trading venues and their members, participants or users, to systematic internalisers, to designated publishing entities, to approved publication arrangements and to consolidated tape providers. Since that requirement is now laid down in Regulation (EU) No 600/2014, it can be removed from Directive 2014/65/EU.