Regulation 19 Commission Delegated Regulation (EU) 2017/565

(1)

Commission Delegated Regulation (EU) 2017/565 of 25 April 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council as regards organisational requirements and operating conditions for investment firms and defined terms for the purposes of that Directive^f1 is amended as follows.

(2)

In Article 12 (systematic internalisers for shares, depositary receipts, ETFs, certificates and other similar financial instruments)—

(a)

in paragraph 2, omit “5, ”;

(b)

in paragraph 3, for “5(3A)” substitute “14(6D)”.

(3)

In the following provisions, for “5(3A)”, in each place where it occurs, substitute “14(6D)”—

(a)

in Article 13 (systematic internalisers for bonds), paragraph 2;

(b)

in Article 14 (systematic internalisers for structured finance products), paragraph 2;

(c)

in Article 15 (systematic internalisers for derivatives), paragraph 2;

(d)

in Article 16 (systematic internalisers for emission allowances), paragraph 2;

(e)

in Article 16ZA (transitional period: data for calculations)^f2, paragraph 1.

Annotations

Footnotes

f1: EUR 2017/565 was amended by S.I. 2018/1403 and S.I. 2021/774.
f2: Article 16ZA was inserted by S.I. 2018/1403 (as amended by S.I. 2020/1301).