EU · MiFID II · TITLE II AUTHORISATION AND OPERATING CONDITIONS FOR INVESTMENT FIRMS · CHAPTER II Operating conditions for investment firms · Section 2 Provisions to ensure investor protection

Article 30 MiFID IITransactions executed with eligible counterparties

In force

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

AI-generated What this provision does

Allows investment firms executing orders, dealing on own account or receiving and transmitting orders to deal with eligible counterparties without most of the conduct rules in Articles 24, 25, 27 and 28(1), while still acting honestly, fairly and professionally. Lists per se eligible counterparties (financial institutions, governments, central banks, supranationals), lets Member States add other undertakings meeting set thresholds with their express consent, and preserves counterparties' right to be treated as clients.

Amendments and application dates

Amending act	Change	Applies from
Directive (EU) 2021/338	Text amended	by 28 Feb 2022

Level 2: delegated and implementing acts

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.

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

COBS 1 Annex 1
COBS Conduct of Business Sourcebook · in force from 6 Apr 2026
DivergedExplicit reference · 90%
EU changes after exit: Directive (EU) 2021/338 (by 28 Feb 2022). UK changes after exit to COBS 1 Annex 1: FCA 2025/40 (from 23 Oct 2025), FCA 2025/32 (from 19 Jan 2026), FCA 2026/5 (from 2 Mar 2026).
DivergedExplicit reference · 90%
EU changes after exit: Directive (EU) 2021/338 (by 28 Feb 2022).
- COBS 2.1.1AR Business with eligible counterparties
- COBS 3.6.1R
- COBS 3.6.2R Per se eligible counterparties
- COBS 3.6.6R Elective eligible counterparties
- COBS 3.7.7G
- COBS 4.2.1R The fair, clear and not misleading rule
- PROD 1.3.3R Eligible counterparty business
COBS 3.6.4AR · Elective eligible counterparties
COBS Conduct of Business Sourcebook · in force from 23 Oct 2025
DivergedExplicit reference · 90%
EU changes after exit: Directive (EU) 2021/338 (by 28 Feb 2022). UK changes after exit to COBS 3.6.4AR: FCA 2025/40 (from 23 Oct 2025).
COBS 4.2.2G · The fair, clear and not misleading rule
COBS Conduct of Business Sourcebook · in force from 23 Oct 2025
DivergedExplicit reference · 90%
EU changes after exit: Directive (EU) 2021/338 (by 28 Feb 2022). UK changes after exit to COBS 4.2.2G: FCA 2025/40 (from 23 Oct 2025).

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Version history

From 28 Feb 2022
From 17 Sept 2014 to 28 Feb 2022

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.