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MiFID I Implementing Regulation

Commission Regulation (EC) No 1287/2006 implementing Directive 2004/39/EC as regards record-keeping obligations for investment firms, transaction reporting, market transparency, admission of financial instruments to trading, and defined terms
32006R1287 · official text on EUR-Lex

Articles

Chapter I GENERAL

• Article 1 — Subject-matter and scope
• Article 2 — Definitions
• Article 3 — Transactions related to an individual share in a portfolio trade and volume weighted average price transactions
• Article 4 — References to trading day
• Article 5 — References to transaction
• Article 6 — First admission to trading of a share on a regulated market

Chapter II RECORD-KEEPING: CLIENT ORDERS AND TRANSACTIONS

• Article 7 — (Article 13(6) of Directive 2004/39/EC)
• Article 8 — (Article 13(6) of Directive 2004/39/EC)

Chapter III TRANSACTION REPORTING

• Article 9 — (Second subparagraph of Article 25(3) of Directive 2004/39/EC)
• Article 10 — (Second subparagraph of Article 25(3) of Directive 2004/39/EC)
• Article 11 — (Article 25(3) of Directive 2004/39/EC)
• Article 12 — (Article 25(5) of Directive 2004/39/EC)
• Article 13 — (Article 25(3) and (5) of Directive 2004/39/EC)
• Article 14 — (Article 25(3) and (5) of Directive 2004/39/EC)
• Article 15 — (Article 58(1) of Directive 2004/39/EC)
• Article 16 — (Article 56(2) of Directive 2004/39/EC)

Chapter IV MARKET TRANSPARENCY

Section 1 Pre-trade transparency for regulated markets and MTFs

• Article 17 — (Articles 29 and 44 of Directive 2004/39/EC)
• Article 18 — (Articles 29(2) and 44(2) of Directive 2004/39/EC)
• Article 19 — (Articles 29(2) and 44(2) of Directive 2004/39/EC)
• Article 20 — (Articles 29(2) and 44(2), and fifth subparagraph of Article 27(1) of Directive 2004/39/EC)

Section 2 Pre-trade transparency for systematic internalisers

• Article 21 — (Article 4(1)(7) of Directive 2004/39/EC)
• Article 22 — (Article 27 of Directive 2004/39/EC)
• Article 23 — (Fourth subparagraph of Article 27(1) of Directive 2004/39/EC)
• Article 24 — (Article 27(1) of Directive 2004/39/EC)
• Article 25 — (Fifth subparagraph of Article 27(3) and Article 27(6) of Directive 2004/39/EC)
• Article 26 — (Fourth subparagraph Article 27(3) of Directive 2004/39/EC)

Section 3 Post-trade transparency for regulated markets, MTFs and investment firms

• Article 27 — (Articles 28, 30 and 45 of Directive 2004/39/EC)
• Article 28 — (Articles 28, 30 and 45 of Directive 2004/39/EC)

Section 4 Provisions common to pre- and post-trade transparency

• Article 29 — (Articles 27(3), 28(1), 29(1), 44(1) and 45(1) of Directive 2004/39/EC)
• Article 30 — (Articles 27, 28, 29, 30, 44 and 45 of Directive 2004/39/EC)
• Article 31 — (Article 22(2) of Directive 2004/39/EC)
• Article 32 — (Article 22(2), 27, 28, 29, 30, 44 and 45 of Directive 2004/39/EC)
• Article 33 — (Articles 27, 28, 29, 30, 44 and 45 of Directive 2004/39/EC)
• Article 34 — (Articles 27, 28, 29, 30, 44 and 45 of Directive 2004/39/EC)

Chapter V ADMISSION OF FINANCIAL INSTRUMENTS TO TRADING

• Article 35 — (Article 40(1) of Directive 2004/39/EC)
• Article 36 — (Article 40(1) of Directive 2004/39/EC)
• Article 37 — (Article 40(1) and (2) of Directive 2004/39/EC)

Chapter VI DERIVATIVE FINANCIAL INSTRUMENTS

• Article 38 — (Article 4(1)(2) of Directive 2004/39/EC)
• Article 39 — (Article 4(1)(2) of Directive 2004/39/EC)

Chapter VII FINAL PROVISIONS

• Article 40 — Re-examinations
• Article 41 — Entry into force