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Version status: Amended | Document consolidation status: Updated to reflect all known changes
Version date: 28 June 2021 - onwards
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Article 498 Exemption for Commodities dealers

Not all amendments from art. 1 para. 131 of Regulation (EU) 2019/876 have been incorporated into the retained EU law as some of the affected EU legislation has since been amended.

Until 26 June 2021, the provisions on own funds requirements as set out in this Regulation shall not apply to investment firms the main business of which consists exclusively of the provision of investment services or activities in relation to the financial instruments set out in points (5), (6), (7), (9), (10) and (11) of Section C of Annex I to Directive 2014/65/EU and to which Directive 2004/39/EC did not apply on 31 December 2006.

Comparing proposed amendment...