{
  "url": "https://openlegislation.uk/eu-regulation-2017-581/article-7",
  "json_url": "https://openlegislation.uk/eu-regulation-2017-581/article-7.json",
  "legislation": "eur/2017/581",
  "legislation_title": "Commission Delegated Regulation (EU) 2017/581 of 24 June 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards on clearing access in respect of trading venues and central counterparties (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2017-581",
  "path": "article/7",
  "kind": "article",
  "number": "7",
  "heading": "Denial of access by a trading venue based on other factors creating significant undue risks",
  "text": "A trading venue may deny an access request on grounds of significant undue risks in any of the following cases:\n(a) threat to the economic viability of the trading venue or its ability to meet minimum capital requirements under Article 47(1)(f) of Directive 2014/65/EU of the European Parliament and of the Council;\n(b) incompatibility of trading venue rules and CCP rules that the trading venue cannot remedy in cooperation with the CCP.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "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 (OJ L 173, 12.6.2014, p. 349)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2017/581/article/7",
    "retrieved_at": "2026-11-01T14:45:05.345528+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."
}