EU · MiFIR · TITLE X FINAL PROVISIONS

Article 54 MiFIRTransitional provisions

In force

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

AI-generated What this provision does

Transitional provisions: third-country firms may continue under national regimes until three years after a Commission equivalence decision under Article 47 for their country, and delegated acts under MiFIR as it stood before 28 March 2024 continue to apply until the new delegated acts under the 2024 review apply.

Amendments and application dates

Amending act	Change	Applies from
Regulation (EU) 2019/2033	Text amended	by 26 Jun 2021
Regulation (EU) 2024/791	Text deleted; Text inserted	28 Mar 2024

Level 3: ESMA Q&As, guidelines and opinions

Q&AAnsweredExplicit reference · 90%
ESMA_QA_1663: Trading venue and exemption
ESMA · 16 Oct 2024 · the ESMA website
AI summaryAsked when a trading venue should apply for the exemptions in Article 36(5) or Article 54(2) MiFIR. ESMA deleted the question on 16 October 2024.

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 54 UK MiFIR · Transitional provisions
UK MiFIR
Revoked from 1 Jul 2021 by Financial Services Act 2021.
No UK counterpartExplicit reference
UK article revoked from 1 Jul 2021 by Financial Services Act 2021; any restatement in FCA rules is not linked yet.

Version history

From 28 Mar 2024
From 1 Jan 2022 to 28 Mar 2024
From 26 Jun 2021 to 1 Jan 2022
From 4 Jul 2020 to 26 Jun 2021
From 1 Jul 2016 to 4 Jul 2020
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.