icon-grid
Better Regulation logo
Table of Contents

Table of Contents

Expand all headings Collapse all headings Expand side bar Collapse side bar
Commission Delegated Regulation (EU) 2017/567 of 18 May 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to definitions, transparency, portfolio compression and supervisory measures on product intervention and positions (Text with EEA relevance) (MiFIR Delegated Regulation)RecitalsChapter I Determining liquid markets for equity instruments (arts. 1-5)Article 1 Determining liquid markets for sharesArticle 2 Determining liquid markets for depositary receiptsArticle 3 Determining liquid markets for exchange traded fundsArticle 4 Determining liquid markets for certificatesArticle 5 Assessment of liquidity of equity instruments by the competent authoritiesChapter II Data provision obligations for trading venues and systematic internalisers (arts. 6-11)Article 6 Obligation to provide market data on a reasonable commercial basisArticle 7 Obligation to provide market data on the basis of costArticle 8 Obligation to provide market data on a non-discriminatory basisArticle 9 Obligations in relation to per user feesArticle 10 Obligation to keep data unbundled and to disaggregate market dataArticle 11 Transparency obligationChapter III Data publication obligations for systematic internalisers (arts. 12-16)Article 12 Obligation for systematic internalisers to make quotes public on a regular and continuous basis during normal trading hoursArticle 13 Obligation for systematic internalisers to make quotes easily accessibleArticle 14 Execution of orders by systematic internalisersArticle 15 Orders considerably exceeding the normArticle 16 Size specific to the instrumentChapter IV Derivatives (arts. 17-18)Article 17 Elements of Portfolio compressionArticle 18 Publication requirements for Portfolio compressionChapter V supervisory measures on product intervention and position management (arts. 19-22)Section 1 Product intervention(arts. 19-21)Article 19 Criteria and factors for the purposes of ESMA temporary product intervention powersArticle 20 Criteria and factors for the purposes of EBA temporary product intervention powersArticle 21 Criteria and factors to be taken into account by competent authorities for the purposes of product intervention powersSection 2 Position management powers (art. 22)Article 22 Position management powers of ESMAChapter VI Final provisions (arts. 23-24)Article 23 Transitional provisionsArticle 24 Entry into ForceAnnex - Data to be provided for the purpose of determining a liquid market for shares, depositary receipts, exchange-traded funds and certificatesDone at
Document Overview
Tools
Set a date to view the document
Text comparison options
Full text - Date 1 vs Date 2
Amendments requiring commencement - Current text vs Text requiring commencement
Draft proposed changes - Current text vs Text proposed by drafting documents
Coming soon: Any documents - Any document vs Another document at any date
Print / Export options
Current page
Whole document
Selected pages
Consolidated PDF of the entire document as of 9th January 2025
Export
Export line by line
Export provision to provision
Report template
Create report template
Alert me to changes
Manage alerts
Bookmarks
This page
This document
Manage bookmarks
Search within this document
View previous searches
Share
Get page link
Share via email application
PreviousNext

Section 2 Position management powers (art. 22)

Article 22 Position management powers of ESMA
PreviousNext