EU · MiFID II · TITLE II AUTHORISATION AND OPERATING CONDITIONS FOR INVESTMENT FIRMS · CHAPTER III Rights of investment firms
Article 37 MiFID IIAccess to CCP, clearing and settlement facilities and right to designate settlement system
Investment firms from other Member States must have direct and indirect access to CCP, clearing and settlement systems on the same non-discriminatory, transparent and objective terms as local participants, and regulated markets must let members choose the settlement system for their trades where the necessary links exist and the authority agrees the technical conditions allow orderly markets.
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
UK transposition not traced in the FCA Handbook. It may sit in FSMA, the Regulated Activities Order or SI 2017/701, which are not yet mapped.
Version history
- From 17 Sept 2014
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.