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Provision history · MiFIR

Art. 27h

Markets in Financial Instruments Regulation · 32014R0600 · every version of this act · on EUR-Lex (external, EUR-Lex)

3 changes recorded across 3 versions, newest first.

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Version in force , Modified ±0

Amended by Regulation (EU) 2022/2554 32022R2554 on EUR-Lex (external, EUR-Lex)

Applies from: not readable why

No text foundWhat this means

A source lists it, but there is no text to show — the EU's own amendment metadata and the amending act's instructions found this change; the text comparison finds no difference in the provision's text. Two sources name it, and neither carries any text. All are shown; none is overruled.

No explanation shipped — the text comparison did not see this change, so it carries no text; another source named the provision, and it is listed where sources differ.

Text from EUR-Lex: none to show

No text on either side: this unit was named by a signal that carries no text, and only the structural diff carries any.

Version in force , Modified

Amended by Regulation (EU) 2024/791 32024R0791 on EUR-Lex (external, EUR-Lex)

Applies from: not readable (the text changed beyond its dates, so no date that moved can be read as the application date) why

dates added to the text: 2019-03-27, 2024-12-29

Explanation, written by a model and checked against the cited text

The provision was rewritten entirely, replacing the earlier requirements to collect and publish transaction data with a new set of duties covering data collection by asset class, free access for retail investors, academics, civil society organisations and competent authorities, dissemination as core market data and regulatory data, error-checking of contributor data, and competition-distortion safeguards where a CTP is controlled by a group of economic operators.

The new text also adds provisions on service level standards, security arrangements between contributors, the CTP and users, published lists of covered instruments, and a revenue redistribution scheme for shares and ETFs based on defined criteria and weightings to be specified by ESMA regulatory technical standards.

The earlier paragraphs on conflicts of interest, reasonable commercial basis for data access, and the list of specific data fields to be published have been removed and are not present in the revised text.

Cited: Art. 27h, v1 (external, EUR-Lex) · Art. 27h, v2 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Text from EUR-Lex, on this version's page

Version in force , Inserted

Amended by Regulation (EU) 2019/2175 32019R2175 on EUR-Lex (external, EUR-Lex) · Regulation (EU) 2022/858 32022R0858 on EUR-Lex (external, EUR-Lex)

Applies from: not readable (an inserted provision states its own application date only in prose) why

Not in every listWhat this means

Found in the text, but not every source lists it — the text comparison found this change; the EU's own amendment metadata does not list it. The source that does not name it is the EU's own amendment metadata. Both are shown; neither is overruled.

Explanation, written by a model and checked against the cited text

Article 27h is a newly inserted provision setting out organisational requirements for CTPs, covering how they must collect, consolidate and disseminate published trade information, the specific data fields to be included, conflict-of-interest safeguards, security and resourcing obligations, and mandates for ESMA and the Commission to develop related technical standards and delegated acts.

Cited: Art. 27h, v2 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Text from EUR-Lex, on this version's page