RTS · European Commission
Commission Delegated Regulation (EU) 2016/2020 of 26 May 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council on markets in financial instruments with regard to regulatory technical standards on criteria for determining whether derivatives subject to the clearing obligation should be subject to the trading obligation
In force
Read the official text on EUR-Lex(opens in a new tab)AI-generated Summary
RTS setting the criteria ESMA uses to decide whether derivatives subject to the EMIR clearing obligation are liquid enough to be subject to the MiFIR trading obligation: average frequency and size of trades, number and type of active market participants, and average size of spreads.
Details
| Reference | Delegated Regulation (EU) 2016/2020 |
|---|---|
| Issuer | European Commission |
| Published | 19 Nov 2016 |
| CELEX | 32016R2020 |
| In force / applies from | 9 Dec 2016, 3 Jan 2018 |
Provisions it relates to
- Article 32 MiFIR · Trading obligation procedureLegal basis
UK version: UK Delegated Regulation (EU) 2016/2020.