{
  "url": "https://openlegislation.uk/eu-regulation-2017-591",
  "json_url": "https://openlegislation.uk/eu-regulation-2017-591.json",
  "id": "eur/2017/591",
  "title": "Commission Delegated Regulation (EU) 2017/591 of 1 December 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards for the application of position limits to commodity derivatives (Text with EEA relevance) (revoked)",
  "short_title": "Regulation (EU) 2017/591 supplementing Directive 2014/65/EU of the European Parliament and of the Council…",
  "long_title": "Commission Delegated Regulation (EU) 2017/591 of 1 December 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards for the application of position limits to commodity derivatives (Text with EEA relevance)",
  "citation": "EU Regulation 2017/591",
  "type": "eur",
  "year": "2017",
  "number": "591",
  "version": "current",
  "date": "2016-12-01",
  "revised": false,
  "valid_from": null,
  "extent": "E+W+S+N.I.",
  "unapplied_effects": 1,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/introduction",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "chapter/I",
      "kind": "chapter",
      "number": "I",
      "heading": "GENERAL PROVISIONS",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "article/1",
      "kind": "article",
      "number": "1",
      "heading": "Subject matter",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-1",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/I"
    },
    {
      "path": "article/2",
      "kind": "article",
      "number": "2",
      "heading": "Definitions",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-2",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/I"
    },
    {
      "path": "chapter/II",
      "kind": "chapter",
      "number": "II",
      "heading": "METHOD FOR CALCULATING THE SIZE OF THE NET POSITION OF A PERSON",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "article/3",
      "kind": "article",
      "number": "3",
      "heading": "Aggregation and netting of positions in a commodity derivative(Article 57(1) of Directive 2014/65/EU)",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-3",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/II"
    },
    {
      "path": "article/4",
      "kind": "article",
      "number": "4",
      "heading": "Method of calculating positions for legal entities within a group(Article 57(1) of Directive 2014/65/EU)",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-4",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/II"
    },
    {
      "path": "article/5",
      "kind": "article",
      "number": "5",
      "heading": "Same commodity derivatives and significant volumes(Article 57(6) of Directive 2014/65/EU)",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-5",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/II"
    },
    {
      "path": "article/6",
      "kind": "article",
      "number": "6",
      "heading": "OTC contracts economically equivalent to commodity derivatives traded on trading venues(Article 57(1) of Directive 2014/65/EU)",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-6",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/II"
    },
    {
      "path": "article/7",
      "kind": "article",
      "number": "7",
      "heading": "Positions qualifying as reducing risks directly related to commercial activities(Article 57(1) of Directive 2014/65/EU)",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-7",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/II"
    },
    {
      "path": "article/8",
      "kind": "article",
      "number": "8",
      "heading": "Application for the exemption from position limits(Article 57(1) of Directive 2014/65/EU)",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-8",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/II"
    },
    {
      "path": "chapter/III",
      "kind": "chapter",
      "number": "III",
      "heading": "METHODOLOGY FOR COMPETENT AUTHORITIES TO CALCULATE POSITION LIMITS",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "chapter/III/section/1",
      "kind": "section",
      "number": "1",
      "heading": "Determination of baseline figures",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/III"
    },
    {
      "path": "article/9",
      "kind": "article",
      "number": "9",
      "heading": "Methodology for determining the baseline figure for spot month limits(Article 57(4) of Directive 2014/65/EU)",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-9",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/III/section/1"
    },
    {
      "path": "article/10",
      "kind": "article",
      "number": "10",
      "heading": "Deliverable supply(Article 57(3) of Directive 2014/65/EU)",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-10",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/III/section/1"
    },
    {
      "path": "article/11",
      "kind": "article",
      "number": "11",
      "heading": "Methodology for determining the baseline figure for other months' limits(Article 57(4) of Directive 2014/65/EU)",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-11",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/III/section/1"
    },
    {
      "path": "article/12",
      "kind": "article",
      "number": "12",
      "heading": "Open interest(Article 57(3) of Directive 2014/65/EU)",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-12",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/III/section/1"
    },
    {
      "path": "article/13",
      "kind": "article",
      "number": "13",
      "heading": "Methodology for determining the baseline figure in respect of certain contracts(Article 57(4) of Directive 2014/65/EU)",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-13",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/III/section/1"
    },
    {
      "path": "chapter/III/section/II",
      "kind": "section",
      "number": "II",
      "heading": "Factors relevant for the calculation of position limits",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/III"
    },
    {
      "path": "article/14",
      "kind": "article",
      "number": "14",
      "heading": "Assessment of factors(Article 57(3) of Directive 2014/65/EU)",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-14",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/III/section/II"
    },
    {
      "path": "article/15",
      "kind": "article",
      "number": "15",
      "heading": "New and illiquid contracts(Article 57(3)(g) of Directive 2014/65/EU)",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-15",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/III/section/II"
    },
    {
      "path": "article/16",
      "kind": "article",
      "number": "16",
      "heading": "The maturity of the commodity derivatives contracts(Article 57(3)(a) of Directive 2014/65/EU)",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-16",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/III/section/II"
    },
    {
      "path": "article/17",
      "kind": "article",
      "number": "17",
      "heading": "Deliverable supply in the underlying commodity(Article 57(3)(b) of Directive 2014/65/EU)",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-17",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/III/section/II"
    },
    {
      "path": "article/18",
      "kind": "article",
      "number": "18",
      "heading": "The overall open interest(Article 57(3)(c) of Directive 2014/65/EU)",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-18",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/III/section/II"
    },
    {
      "path": "article/19",
      "kind": "article",
      "number": "19",
      "heading": "The number of market participants(Article 57(3)(e) of Directive 2014/65/EU)",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-19",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/III/section/II"
    },
    {
      "path": "article/20",
      "kind": "article",
      "number": "20",
      "heading": "Characteristics of the underlying commodity market(Article 57(3)(f) of Directive 2014/65/EU)",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-20",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/III/section/II"
    },
    {
      "path": "article/21",
      "kind": "article",
      "number": "21",
      "heading": "Volatility of the relevant markets(Article 57(3)(d)) of Directive 2014/65/EU)",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-21",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/III/section/II"
    },
    {
      "path": "article/22",
      "kind": "article",
      "number": "22",
      "heading": "Entry into force and application",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/article-22",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/III/section/II"
    },
    {
      "path": "signature",
      "kind": "signature",
      "number": null,
      "heading": "Signature",
      "url": "https://openlegislation.uk/eu-regulation-2017-591/signature",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    }
  ],
  "outstanding_effects": [
    {
      "type": "revoked",
      "affected_provisions": "Regulation",
      "affecting": "ukpga/2023/29",
      "affecting_title": "Financial Services and Markets Act 2023",
      "affecting_provisions": "Sch. 1 Pt. 3"
    }
  ],
  "made_under": [],
  "changes_made_to": 4,
  "changes_made_to_url": "https://openlegislation.uk/eu-regulation-2017-591/changes.json",
  "changes_made_by": 0,
  "changes_made_by_url": "https://openlegislation.uk/eu-regulation-2017-591/changes/by-it.json",
  "instruments_made_under": 0,
  "instruments_made_under_url": "https://openlegislation.uk/eu-regulation-2017-591/instruments.json",
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2017/591",
    "retrieved_at": "2026-11-01T14:45:04.744044+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."
}