EU · MiFID II · TITLE VI COMPETENT AUTHORITIES · CHAPTER II Cooperation between the competent authorities of the Member States and with ESMA

Article 80 MiFID IICooperation between competent authorities in supervisory activities, for on-site verifications or investigations

In force

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

AI-generated What this provision does

Lets a competent authority request another Member State's authority to cooperate in supervision, on-the-spot verifications or investigations, which the requested authority carries out itself or lets the requesting authority or experts carry out; regulated markets' authorities may deal directly with remote members. ESMA may join colleges of supervisors, and RTS and ITS set the information exchanged and standard forms.

Level 2: delegated and implementing acts

ITSIn forceLegal basis
Commission Implementing Regulation (EU) 2017/980 of 7 June 2017 laying down implementing technical standards with regard to standard forms, templates and procedures for cooperation in supervisory activities, for on-site verifications, and investigations and exchange of information between competent authorities in accordance with Directive 2014/65/EU of the European Parliament and of the Council
European Commission · 10 Jun 2017 · EUR-Lex
AI summaryITS setting standard forms, templates and procedures for cooperation between competent authorities under MiFID II, covering requests for information, statements, on-site verifications and investigations, acknowledgements and replies, and unsolicited exchanges of information.
RTSIn forceLegal basis
Commission Delegated Regulation (EU) 2017/586 of 14 July 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards for the exchange of information between competent authorities when cooperating in supervisory activities, on-the-spot verifications and investigations
European Commission · 31 Mar 2017 · EUR-Lex
AI summaryRTS specifying the information competent authorities must exchange when cooperating on supervision, on-the-spot verifications and investigations under MiFID II, about investment firms, market operators, data reporting services providers, credit institutions providing investment services, and other market participants (for example authorisation, management body and shareholder suitability, sanctions and compliance history).

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.