{"release":{"id":"2d86bd12ba77a288053b34ea2517324b92d03c8039b7f5d156fa4002421384a1","published":"2026-11-10T16:06:46Z","pinned":false},"limits":{"coverage":{"history":"full","held_since":"2009-10-10","gaps":[],"covered":["EMD L1"],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"2d86bd12ba77a288053b34ea2517324b92d03c8039b7f5d156fa4002421384a1","release_published":"2026-11-10T16:06:46Z","checked_at":null,"checked_against":null},"truncation":{"shown":15,"total":15,"capped":false,"cap":1000,"next_cursor":null},"failures":[],"incomplete":[]},"page":{"path":"/emd/articles/6","url":"https://www.headlesslaw.com/emd/articles/6","title":"Article 6 — Activities","work_id":"emd","date_state":"current","as_of":"2026-11-11","relations_url":"https://www.headlesslaw.com/emd/articles/6/relations"},"as_of":"2026-11-11","counts":{"refers_to:out":7,"refers_to:in":8},"relations":[{"edge_id":"9f20efb93f66e9ac5fea","scope":"unit","type":"refers_to","direction":"out","resolution":"external","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2018-01-13","src_until":null,"span":"Article 16(2)","dst_raw":"Directive 2007/64/EC","other":null,"evidence":{"object":"eu.emd.legal_text.article.6","source_block_id":"eu.emd.article.6.paragraph.4","target_act":"Directive 2007/64/EC","target_celex":"32007L0064"}},{"edge_id":"4c2a52fda445f0ff349b","scope":"unit","type":"refers_to","direction":"out","resolution":"unresolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2018-01-13","src_until":null,"span":"Article 28","dst_raw":"that Directive","other":null,"evidence":{"object":"eu.emd.legal_text.article.6","source_block_id":"eu.emd.article.6.paragraph.1.point.d","target_act":"that Directive","target_celex":null}},{"edge_id":"b2d4d234aae2e31df3cc","scope":"unit","type":"refers_to","direction":"out","resolution":"external","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2018-01-13","src_until":null,"span":"Article 4","dst_raw":"Directive 2007/64/EC","other":null,"evidence":{"object":"eu.emd.legal_text.article.6","source_block_id":"eu.emd.article.6.paragraph.1.point.d","target_act":"Directive 2007/64/EC","target_celex":"32007L0064"}},{"edge_id":"97d7f2b82245896fee27","scope":"unit","type":"refers_to","direction":"out","resolution":"unresolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2018-01-13","src_until":null,"span":"Article 16(3)","dst_raw":"that Directive","other":null,"evidence":{"object":"eu.emd.legal_text.article.6","source_block_id":"eu.emd.article.6.paragraph.1.point.b","target_act":"that Directive","target_celex":null}},{"edge_id":"19fa19cb5a7d0400380c","scope":"unit","type":"refers_to","direction":"out","resolution":"external","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2018-01-13","src_until":null,"span":"Article 5","dst_raw":"Directive 2006/48/EC","other":null,"evidence":{"object":"eu.emd.legal_text.article.6","source_block_id":"eu.emd.article.6.paragraph.3","target_act":"Directive 2006/48/EC","target_celex":"32006L0048"}},{"edge_id":"9249b7482e082854b41c","scope":"unit","type":"refers_to","direction":"out","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2018-01-13","src_until":null,"span":"Article 7(1)","dst_raw":"eu.emd.article.7","other":{"work_id":"emd","level":"L1","locator":"emd/art/7","url":"/emd/articles/7","title":"Safeguarding requirements","key":"7","state_on_date":"in_force"},"evidence":{"object":"eu.emd.legal_text.article.6","source_block_id":"eu.emd.article.6.paragraph.1"}},{"edge_id":"0917dc15c69ef14087c9","scope":"unit","type":"refers_to","direction":"out","resolution":"external","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2018-01-13","src_until":null,"span":"Article 5","dst_raw":"Directive 2006/48/EC","other":null,"evidence":{"object":"eu.emd.legal_text.article.6","source_block_id":"eu.emd.article.6.paragraph.2","target_act":"Directive 2006/48/EC","target_celex":"32006L0048"}},{"edge_id":"049b66e2254ea3c7cecd","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2018-01-13","src_until":null,"span":"Article 6(1)","dst_raw":"eu.emd.article.6","other":{"work_id":"emd","level":"L1","locator":"emd/art/5/para/4","url":"/emd/articles/5#p-4","title":"Own funds","key":"5(4)","state_on_date":"in_force"},"evidence":{"object":"eu.emd.legal_text.article.5","source_block_id":"eu.emd.article.5.paragraph.4"}},{"edge_id":"2eb3fd9a33d0450fd4e1","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2018-01-13","src_until":null,"span":"Article 6(1)","dst_raw":"eu.emd.article.6","other":{"work_id":"emd","level":"L1","locator":"emd/art/9/para/1","url":"/emd/articles/9#p-1","title":"Optional exemptions","key":"9(1)","state_on_date":"in_force"},"evidence":{"object":"eu.emd.legal_text.article.9","source_block_id":"eu.emd.article.9.paragraph.1"}},{"edge_id":"772d2b24923687d0f994","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2018-01-13","src_until":null,"span":"Article 6(1)","dst_raw":"eu.emd.article.6","other":{"work_id":"emd","level":"L1","locator":"emd/art/7/para/3","url":"/emd/articles/7#p-3","title":"Safeguarding requirements","key":"7(3)","state_on_date":"in_force"},"evidence":{"object":"eu.emd.legal_text.article.7","source_block_id":"eu.emd.article.7.paragraph.3"}},{"edge_id":"799575d35068a12ffc6b","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2018-01-13","src_until":null,"span":"Article 6(1)","dst_raw":"eu.emd.article.6","other":{"work_id":"emd","level":"L1","locator":"emd/art/5/para/2","url":"/emd/articles/5#p-2","title":"Own funds","key":"5(2)","state_on_date":"in_force"},"evidence":{"object":"eu.emd.legal_text.article.5","source_block_id":"eu.emd.article.5.paragraph.2"}},{"edge_id":"862126b8db9b924098fc","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2018-01-13","src_until":null,"span":"Article 6(1)","dst_raw":"eu.emd.article.6","other":{"work_id":"emd","level":"L1","locator":"emd/art/3/para/5","url":"/emd/articles/3#p-5","title":"General prudential rules","key":"3(5)","state_on_date":"in_force"},"evidence":{"object":"eu.emd.legal_text.article.3","source_block_id":"eu.emd.article.3.paragraph.5"}},{"edge_id":"aaf30afcd7a654c21b43","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2018-01-13","src_until":null,"span":"Article 6(1)","dst_raw":"eu.emd.article.6","other":{"work_id":"emd","level":"L1","locator":"emd/art/9/para/4","url":"/emd/articles/9#p-4","title":"Optional exemptions","key":"9(4)","state_on_date":"in_force"},"evidence":{"object":"eu.emd.legal_text.article.9","source_block_id":"eu.emd.article.9.paragraph.4"}},{"edge_id":"d8151391e2108558a626","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2018-01-13","src_until":null,"span":"Article 6(1)","dst_raw":"eu.emd.article.6","other":{"work_id":"emd","level":"L1","locator":"emd/art/11/para/6/pt/b","url":"/emd/articles/11#p-6-b","title":"Issuance and redeemability","key":"11(6)(b)","state_on_date":"in_force"},"evidence":{"object":"eu.emd.legal_text.article.11","source_block_id":"eu.emd.article.11.paragraph.6.point.b"}},{"edge_id":"f4933bffdbcdfaa77120","scope":"unit","type":"refers_to","direction":"in","resolution":"resolved","basis":"explicit_legal_cross_reference","method":"extracted_relationships","confidence":"medium","src_from":"2018-01-13","src_until":null,"span":"Article 6(1)","dst_raw":"eu.emd.article.6","other":{"work_id":"emd","level":"L1","locator":"emd/art/3/para/3","url":"/emd/articles/3#p-3","title":"General prudential rules","key":"3(3)","state_on_date":"in_force"},"evidence":{"object":"eu.emd.legal_text.article.3","source_block_id":"eu.emd.article.3.paragraph.3"}}],"not_served":["exempts","derogates_from"],"note":"inverse edges are computed from the stored direction; floating targets are resolved on as_of (other.state_on_date)"}