EU · MiFIR · TITLE IVa DATA REPORTING SERVICES · CHAPTER 1 Authorisation of data reporting services providers
Article 27b MiFIRRequirement for authorisation
Operating an APA, CTP or ARM professionally requires prior authorisation by ESMA, or by the national authority for derogated APAs and ARMs; investment firms and market operators may provide these services after verification. ESMA keeps a public register (showing withdrawals for five years) and supervises ongoing compliance.
Amendments and application dates
| Amending act | Change | Applies from |
|---|---|---|
| Regulation (EU) 2019/2175 | Provision inserted | by 1 Jan 2022 |
Level 3: ESMA Q&As, guidelines and opinions
- Q&ALegacy Q&A documentESMA rulebook
AI summaryESMA's consolidated legacy Q&A document (ESMA70-872942901-38, final version 13 October 2023) on market structure topics, covering data disaggregation, direct electronic access and algorithmic trading, the tick size regime, multilateral and bilateral systems (including OTFs and systematic internalisers) and access to CCPs and trading venues. It is no longer updated; later Q&As are in ESMA's Q&A tool.
Commentary
No law-firm commentary is linked to this provision yet.
219 more documents relate to MiFIR as a whole without naming an article.
UK counterpart
- No UK counterpartExplicit reference
Inserted in the EU by Regulation (EU) 2019/2175 (by 1 Jan 2022), after exit.
Version history
- From 1 Jan 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.