# Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Regulation (EU) No 648/2012 (Text with EEA relevance), Article 27: Obligation to supply financial instrument reference data

Extent: E+W+S+N.I.

1. With regard to financial instruments admitted to trading on regulated markets or traded on MTFs or OTFs, trading venues shall provide the FCA with identifying reference data for the purposes of transaction reporting under Article 26.
With regard to other financial instruments covered by Article 26(2)(b) or (c) traded on its system, each systematic internaliser shall provide the FCA with reference data relating to those financial instruments.
Identifying reference data shall be made ready for submission to the FCA in an electronic and standardised format before trading commences in the financial instrument that it refers to. The financial instrument reference data shall be updated whenever there are changes to the data with respect to a financial instrument. This data is to be transmitted without delay to the FCA, which must publish it as soon as practicable on its website. ...
2. In order to allow the FCA to monitor, pursuant to Article 26, the activities of investment firms to ensure that they act honestly, fairly and professionally and in a manner which promotes the integrity of the market, the FCA shall establish the necessary arrangements in order to ensure that:
(a) the FCA effectively receive the financial instrument reference data pursuant to paragraph 1;
(b) the quality of the data so received is appropriate for the purpose of transaction reporting under Article 26;
(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3. The FCA may make technical standards to specify:
(a) data standards and formats for the financial instrument reference data in accordance with paragraph 1, including the methods and arrangements for supplying the data and any update thereto to the FCA in accordance with paragraph 1, and the form and content of such data;
(b) the technical measures that are necessary in relation to the arrangements to be made by the FCA pursuant to paragraph 2.
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Source: https://www.legislation.gov.uk/eur/2014/600/article/27 (the official version)
Page: https://openlegislation.uk/eu-regulation-2014-600/article-27
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.