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Commission Delegated Regulation (EU) 2017/2294 of 28 August 2017 amending Delegated Regulation (EU) 2017/565 as regards the specification of the definition of systematic internalisers for the purposes of Directive 2014/65/EU (Text with EEA relevance. )

CELEX
32017R2294
Document type
REG_DEL
Sector
Legislation
Date of document
2017-08-28
In force since
2017-12-14
Status
In force

Text

Article-level text, parsed from the formex manifestation.

Article 16a Participation in matching arrangements

An investment firm shall not be considered to be dealing on own account for the purposes of Article 4(1)(20) of Directive 2014/65/EU where that investment firm participates in matching arrangements entered into with entities outside its own group with the objective or consequence of carrying out de facto riskless back-to-back transactions in a financial instrument outside a trading venue.’;

Article 2

This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union.

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