securities

Defined in Article 2, Transparency Directive

Definitions over time (2)

1. 18/03/2021 – today applies on 10/11/2026 Article 2, Transparency Directive Scope: Whole act

   For the purposes of this Directive the following definitions shall apply:

   ‘securities’ means transferable securities as defined in Article 4(1), point 18, of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments (^{1}) with the exception of money-market instruments, as defined in Article 4(1), point 19, of that Directive having a maturity of less than 12 months, for which national legislation may be applicable;

2. 20/03/2008 – 18/03/2021 Article 2, Transparency Directive Scope: Whole act

   For the purposes of this Directive the following definitions shall apply:

   ‘securities’ means transferable securities as defined in Article 4(1), point 18, of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments (^{10}) with the exception of money-market instruments, as defined in Article 4(1), point 19, of that Directive having a maturity of less than 12 months, for which national legislation may be applicable;

Used in (131 places in 39 provisions on 10/11/2026)

Transparency Directive (131 in 39)

Recital 1² · Recital 2 · Recital 5 · Recital 6³ · Recital 7³ · Recital 9² · Recital 10³ · Recital 12⁵ · Recital 15² · Recital 21 · Recital 22⁶ · Recital 24³ · Recital 26 · Recital 27 · Recital 30³ · Recital 31 · Recital 35² · Recital 38³ · Preamble · Article 1² · Article 2²⁶ · Article 3 · Article 4 · Article 5 · Article 8⁹ · Article 12 · Article 13 · Article 16⁴ · Article 18¹⁸ · Article 19 · Article 20⁹ · Article 21² · Article 24² · Article 26 · Article 27 · Article 28b² · Article 30³ · Article 32 · Article 33