EU · MiFIR · TITLE IVa DATA REPORTING SERVICES · CHAPTER 1 Authorisation of data reporting services providers
Article 27e MiFIRWithdrawal of authorisation
Lets ESMA (or the national authority for derogated APAs and ARMs) withdraw a data reporting services provider's authorisation if unused for 12 months or inactive for six, obtained irregularly, no longer meeting its conditions, or after serious and systematic breaches; the provider must ensure orderly substitution, including data transfer and notice to clients.
Amendments and application dates
| Amending act | Change | Applies from |
|---|---|---|
| Regulation (EU) 2019/2175 | Text inserted; Provision inserted | by 1 Jan 2022 |
| Regulation (EU) 2024/791 | Text inserted | 28 Mar 2024 |
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 It is no longer updated; later Q&As are in ESMA's Q&A tool.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 28 Mar 2024
- From 1 Jan 2022 to 28 Mar 2024
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.