EU · MiFID II · TITLE III REGULATED MARKETS

Article 52 MiFID IISuspension and removal of financial instruments from trading on a regulated market

In force

Read the official text on EUR-Lex(opens in a new tab)

AI-generated What this provision does

Lets market operators suspend or remove instruments that no longer meet the regulated market's rules, unless this would significantly harm investors or the market, together with related derivatives where necessary, and requires publication and notification. Where the reason is suspected market abuse, a takeover bid or non-disclosure of inside information, competent authorities must require other venues and SIs in their jurisdiction, and across the EU, to follow suit unless this would cause significant damage.

Level 2: delegated and implementing acts

ITSIn forceLegal basis
Commission Implementing Regulation (EU) 2017/1005 of 15 June 2017 laying down implementing technical standards with regard to the format and timing of the communications and the publication of the suspension and removal of financial instruments pursuant to Directive 2014/65/EU of the European Parliament and of the Council on markets in financial instruments
European Commission · 16 Jun 2017 · EUR-Lex
AI summaryITS on the format and timing of publications and communications by trading venue operators and competent authorities when financial instruments, and related derivatives, are suspended, have a suspension lifted or are removed from trading, with website publication as the primary channel.
Delegated actIn forceLegal basis
Commission Delegated Regulation (EU) 2017/565 of 25 April 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council as regards organisational requirements and operating conditions for investment firms and defined terms for the purposes of that Directive
European Commission · 31 Mar 2017 · EUR-Lex
AI summaryThe main MiFID II Delegated Regulation: defines key terms (such as investment advice, systematic internaliser, algorithmic and high-frequency trading, and direct electronic access) and sets detailed organisational requirements and operating conditions for investment firms, including compliance, conflicts of interest, remuneration, client information, suitability and appropriateness, best execution, client order handling, reporting to clients, record keeping and transaction-level obligations.
RTSIn forceLegal basis
Commission Delegated Regulation (EU) 2017/569 of 24 May 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards for the suspension and removal of financial instruments from trading
European Commission · 31 Mar 2017 · EUR-Lex
AI summaryRTS specifying when derivatives related or referenced to a financial instrument suspended or removed from trading must also be suspended or removed, depending on how closely their price depends on that instrument (for example, single-underlying derivatives versus index derivatives).

Commentary

No law-firm commentary is linked to this provision yet.

393 more documents relate to MiFID II as a whole without naming an article.

UK counterpart

REC 3.14.2AR · Products and services
REC Recognised Investment Exchanges · in force from 3 Jan 2018
EquivalentExplicit reference · 90%
No change on either side since exit (31 Dec 2020). REC 3.14.2AR transposes the article, so the wording differs.
REC 3.15.2AR · Suspension of services
REC Recognised Investment Exchanges · in force from 3 Jan 2018
EquivalentExplicit reference · 90%
No change on either side since exit (31 Dec 2020). REC 3.15.2AR transposes the article, so the wording differs.

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Version history

From 17 Sept 2014

Each entry is a consolidated version of the act on EUR-Lex in which this provision appears. The text itself is on the official site.