MiFID II and MiFIR Official Texts
European Council, Parliament and Commission
Level 1 Texts
Consolidated text: Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Regulation (EU) No 648/2012
Directive 2021/338/EU “MiFID II Quick Fix” amending Directive 2014.65.EU
Level 2 Texts
Recent
- Commission Delegated Regulation (EU) 2021/527 of 15 December 2020 amending Commission Delegated Regulation (EU) 2017/565 as regards the thresholds for weekly position reporting
- Commission Delegated Regulation (EU) 2019/443 amending Commission Delegated Regulation (EU) 2017/588 as regards the possibility to adjust the average daily number of transactions for a share where the trading venue with the highest turnover of that share is located outside the Union
- Commission Delegated Regulation amending Commission Delegated Regulation (EU) 2017/565 as regards the integration of Environmental, Social and Governance (ESG) considerations and preferences into the investment advice and portfolio management - Not yet adopted.
Regulatory Technical Standards
Implementing Technical Standards
UK
The Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018
European Securities and Markets Authority (ESMA)
Guidelines
Guidelines on Certain Aspects of the MiFID II Compliance Function Requirements (6 April 2021)
Guidelines on the Application of C6 and C7 of Annex 1 of MiFID II (5 June 2019)
Guidelines on Certain Aspects of the MiFID II Suitability Requirements (6 November 2018)
Guidelines on the Management Body of Market Operators and DRSPs under MiFID II (20 September 2018)
Guidelines on MiFID II Product Governance Requirements (5 February 2018)
Guidelines on Transaction Reporting, Order Record Keeping and Clock Synchronisation under MiFID II (8 August 2017)
Guidelines on Calibration of Circuit Breakers and Publication of Trading Halts Under MiFID II (27 June 2017)
Q&As
Q&A on MiFIR Data Reporting (28 May 2021)
Q&A on MiFID II and MiFIR Investor Protection Topics (28 May 2021)
Q&A on MiFID II and MiFIR Market Structure Topics (6 April 2021)
Q&A on MiFID II and MiFIR Transparency Topics (29 May 2020)
Q&A on MiFID II and MiFIR Commodity Derivatives Topics (27 March 2019)
Technical Q&As on Product Intervention Measures on CFDs and binary Options (9 November 2018)
MiFID II Q&A on Post-Trading Issues (14 December 2017)
FAQs on MiFID II – Transitional Transparency Calculations (22 December 2017)
Technical Advice
Technical Advice to the European Commission on Weekly Position Reports Under MiFID II (1 April 2020)
Technical Advice on the Impact of the Inducements and Costs and Charges Disclosure Requirements under MiFID II (1 April 2020)
Technical Advice to the European Commission on the Effects of Product Intervention Measures (4 February 2020)
Final Reports
Final Report on MiFID II/MiFIR Obligations on Market Data (1 June 2021)
Final Report on Functioning of OTF (8 April 2021)
Review Report on the Obligations to Report Transactions and Reference Data (30 March 2021)
MiFID II MiFIR Review Report on the Transparency Regime for Non-Equity Instruments (28 September 2020)
Final Report Guidelines on Certain Aspects of the MiFID II Compliance Function Requirements (5 June 2020)
MiFID Review Report on Position Limits and Position Management (1 April 2020)
MiFID II/MiFIR Review Report No.1 on the development in prices for pre- and post-trade data and on the consolidated tape for equity instruments (5 December 2019)
Final Report on integrating sustainability risks and factors in MiFID II (3 May 2019)
Final Report on the Proposed Amendments to RTS 11 (14 December 2018)
Final Report on Guidelines on MiFID II Product Governance Requirements (2 June 2017)
Final Report on Guidelines on the Calibration of Circuit Breakers and the Publication and Reporting of Trading Halts Under MiFID II (6 April 2017)
Final Report on the Draft RTS Specifying the Scope of the Consolidated Tape Non-Equity Financial Instruments (31 March 2017)
Other
Briefing Note on MiFID II Technical Data Reporting Requirements (16 January 2017)
(Last updated 23 June 2021)