{
  "url": "https://openlegislation.uk/eu-directive-2014-65/article-50",
  "json_url": "https://openlegislation.uk/eu-directive-2014-65/article-50.json",
  "legislation": "eudr/2014/65",
  "legislation_title": "Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (recast) (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-directive-2014-65",
  "path": "article/50",
  "kind": "article",
  "number": "50",
  "heading": "Synchronisation of business clocks",
  "text": "1. Member States shall require that all trading venues and their members or participants synchronise the business clocks they use to record the date and time of any reportable event.\n2. ESMA shall develop draft regulatory technical standards to specify the level of accuracy to which clocks are to be synchronised in accordance with international standards.\nESMA shall submit those draft regulatory technical standards to the Commission by 3 July 2015.\nPower is delegated to the Commission to adopt the regulatory technical standards referred to in the first subparagraph in accordance with Articles 10 to 14 of Regulation (EU) No 1095/2010.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudr/2014/65/article/50",
    "retrieved_at": "2026-11-01T15:21:43.301993+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}