What changes on 23/11/2025
The text in force from 01/01/2017 compared with the text from 23/11/2025.
56 inserted
0 amended
0 deleted
0 moved
Read the act as of 23/11/2025 · other versions:
Chapter I
- inserted Article 1 - Definitions
Chapter II
- inserted Article 2 - Total costs
- inserted Article 3 - Principles in setting a reasonable margin for market data
Chapter III
- inserted Article 4 - Obligation to provide market data on a non-discriminatory basis
- inserted Article 5 - Differentials in fees
- inserted Article 6 - Distribution channels
Chapter IV
- inserted Article 7 - Provision of pre-contractual information
- inserted Article 8 - Fair terms
- inserted Article 9 - Contractual terms
- inserted Article 10 - Conformity of the terms with the market data policy
- inserted Article 11 - Additional fees
- inserted Article 12 - Per client fees
- inserted Article 13 - Obligation to keep data unbundled
- inserted Article 14 - Penalties
- inserted Article 15 - Contractual provisions on audit
- inserted Article 16 - Unilateral changes to fees and conditions
Chapter V
- inserted Article 17 - Information to be included in the market data policy
- inserted Article 18 - Terminology of market data policies
- inserted Article 19 - Accessible format of market data policies
- inserted Article 20 - Unit of count
- inserted Article 21 - Format for publication of market data policy
- inserted Article 22 - Cost disclosure
Chapter VI
- inserted Article 23 - Access to delayed market data
- inserted Article 24 - Content of delayed market data
- inserted Article 25 - Format of delayed market data
Chapter VII
Chapter VIII
- inserted Article 27 - Transitional measures
- inserted Article 28 - Entry into force
Outside any heading
- inserted Recital 1
- inserted Recital 2
- inserted Recital 3
- inserted Recital 4
- inserted Recital 5
- inserted Recital 6
- inserted Recital 7
- inserted Recital 8
- inserted Recital 9
- inserted Recital 10
- inserted Recital 11
- inserted Recital 12
- inserted Recital 13
- inserted Recital 14
- inserted Recital 15
- inserted Recital 16
- inserted Recital 17
- inserted Recital 18
- inserted Recital 19
- inserted Recital 20
- inserted Recital 21
- inserted Recital 22
- inserted Recital 23
- inserted Recital 24
- inserted Recital 25
- inserted Preamble
- inserted Annex I
- inserted Annex II