EU · MiFIR · TITLE VI NON-DISCRIMINATORY CLEARING ACCESS FOR FINANCIAL INSTRUMENTS

Article 37 MiFIRNon-discriminatory access to and obligation to licence benchmarks

In force

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

AI-generated What this provision does

Benchmark owners must give CCPs and trading venues non-discriminatory access to price and data feeds, benchmark information and licences for clearing and trading, granted on fair, reasonable and non-discriminatory terms within three months of a request; new benchmarks must be licensed within 30 months of first trading, and exclusive agreements blocking access are banned. Applies from 3 January 2020.

Level 2: delegated and implementing acts

RTSIn forceLegal basis
Commission Delegated Regulation (EU) 2016/2021 of 2 June 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 access in respect of benchmarks
European Commission · 19 Nov 2016 · EUR-Lex
AI summaryRTS on access to benchmarks under Article 37 MiFIR: specifies the price, data and other information benchmark owners must make available to CCPs and trading venues through licences, conditions for fair, reasonable and non-discriminatory licensing, and how a benchmark can be shown to be new.

Commentary

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

219 more documents relate to MiFIR as a whole without naming an article.

UK counterpart

Article 37 UK MiFIR · Non-discriminatory access to and obligation to licence benchmarks
UK MiFIR
Revocation enacted by Financial Services and Markets Act 2023; no commencement date yet.
EquivalentExplicit reference
UK revocation enacted (Financial Services and Markets Act 2023), not yet commenced.

Version history

From 1 Jul 2016
From 2 Jul 2014 to 1 Jul 2016

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.