# headlesslaw ## MiCA - [MiCA](https://www.headlesslaw.com/mica/readme.md): Regulation (EU) 2023/1114 on markets in crypto-assets. - [Recitals](https://www.headlesslaw.com/mica/recitals.md) - [Recital 1](https://www.headlesslaw.com/mica/recitals/1.md) - [Recital 2](https://www.headlesslaw.com/mica/recitals/2.md) - [Recital 3](https://www.headlesslaw.com/mica/recitals/3.md) - [Recital 4](https://www.headlesslaw.com/mica/recitals/4.md) - [Recital 5](https://www.headlesslaw.com/mica/recitals/5.md) - [Recital 6](https://www.headlesslaw.com/mica/recitals/6.md) - [Recital 7](https://www.headlesslaw.com/mica/recitals/7.md) - [Recital 8](https://www.headlesslaw.com/mica/recitals/8.md) - [Recital 9](https://www.headlesslaw.com/mica/recitals/9.md) - [Recital 10](https://www.headlesslaw.com/mica/recitals/10.md) - [Recital 11](https://www.headlesslaw.com/mica/recitals/11.md) - [Recital 12](https://www.headlesslaw.com/mica/recitals/12.md) - [Recital 13](https://www.headlesslaw.com/mica/recitals/13.md) - [Recital 14](https://www.headlesslaw.com/mica/recitals/14.md) - [Recital 15](https://www.headlesslaw.com/mica/recitals/15.md) - [Recital 16](https://www.headlesslaw.com/mica/recitals/16.md) - [Recital 17](https://www.headlesslaw.com/mica/recitals/17.md) - [Recital 18](https://www.headlesslaw.com/mica/recitals/18.md) - [Recital 19](https://www.headlesslaw.com/mica/recitals/19.md) - [Recital 20](https://www.headlesslaw.com/mica/recitals/20.md) - [Recital 21](https://www.headlesslaw.com/mica/recitals/21.md) - [Recital 22](https://www.headlesslaw.com/mica/recitals/22.md) - [Recital 23](https://www.headlesslaw.com/mica/recitals/23.md) - [Recital 24](https://www.headlesslaw.com/mica/recitals/24.md) - [Recital 25](https://www.headlesslaw.com/mica/recitals/25.md) - [Recital 26](https://www.headlesslaw.com/mica/recitals/26.md) - [Recital 27](https://www.headlesslaw.com/mica/recitals/27.md) - [Recital 28](https://www.headlesslaw.com/mica/recitals/28.md) - [Recital 29](https://www.headlesslaw.com/mica/recitals/29.md) - [Recital 30](https://www.headlesslaw.com/mica/recitals/30.md) - [Recital 31](https://www.headlesslaw.com/mica/recitals/31.md) - [Recital 32](https://www.headlesslaw.com/mica/recitals/32.md) - [Recital 33](https://www.headlesslaw.com/mica/recitals/33.md) - [Recital 34](https://www.headlesslaw.com/mica/recitals/34.md) - [Recital 35](https://www.headlesslaw.com/mica/recitals/35.md) - [Recital 36](https://www.headlesslaw.com/mica/recitals/36.md) - [Recital 37](https://www.headlesslaw.com/mica/recitals/37.md) - [Recital 38](https://www.headlesslaw.com/mica/recitals/38.md) - [Recital 39](https://www.headlesslaw.com/mica/recitals/39.md) - [Recital 40](https://www.headlesslaw.com/mica/recitals/40.md) - [Recital 41](https://www.headlesslaw.com/mica/recitals/41.md) - [Recital 42](https://www.headlesslaw.com/mica/recitals/42.md) - [Recital 43](https://www.headlesslaw.com/mica/recitals/43.md) - [Recital 44](https://www.headlesslaw.com/mica/recitals/44.md) - [Recital 45](https://www.headlesslaw.com/mica/recitals/45.md) - [Recital 46](https://www.headlesslaw.com/mica/recitals/46.md) - [Recital 47](https://www.headlesslaw.com/mica/recitals/47.md) - [Recital 48](https://www.headlesslaw.com/mica/recitals/48.md) - [Recital 49](https://www.headlesslaw.com/mica/recitals/49.md) - [Recital 50](https://www.headlesslaw.com/mica/recitals/50.md) - [Recital 51](https://www.headlesslaw.com/mica/recitals/51.md) - [Recital 52](https://www.headlesslaw.com/mica/recitals/52.md) - [Recital 53](https://www.headlesslaw.com/mica/recitals/53.md) - [Recital 54](https://www.headlesslaw.com/mica/recitals/54.md) - [Recital 55](https://www.headlesslaw.com/mica/recitals/55.md) - [Recital 56](https://www.headlesslaw.com/mica/recitals/56.md) - [Recital 57](https://www.headlesslaw.com/mica/recitals/57.md) - [Recital 58](https://www.headlesslaw.com/mica/recitals/58.md) - [Recital 59](https://www.headlesslaw.com/mica/recitals/59.md) - [Recital 60](https://www.headlesslaw.com/mica/recitals/60.md) - [Recital 61](https://www.headlesslaw.com/mica/recitals/61.md) - [Recital 62](https://www.headlesslaw.com/mica/recitals/62.md) - [Recital 63](https://www.headlesslaw.com/mica/recitals/63.md) - [Recital 64](https://www.headlesslaw.com/mica/recitals/64.md) - [Recital 65](https://www.headlesslaw.com/mica/recitals/65.md) - [Recital 66](https://www.headlesslaw.com/mica/recitals/66.md) - [Recital 67](https://www.headlesslaw.com/mica/recitals/67.md) - [Recital 68](https://www.headlesslaw.com/mica/recitals/68.md) - [Recital 69](https://www.headlesslaw.com/mica/recitals/69.md) - [Recital 70](https://www.headlesslaw.com/mica/recitals/70.md) - [Recital 71](https://www.headlesslaw.com/mica/recitals/71.md) - [Recital 72](https://www.headlesslaw.com/mica/recitals/72.md) - [Recital 73](https://www.headlesslaw.com/mica/recitals/73.md) - [Recital 74](https://www.headlesslaw.com/mica/recitals/74.md) - [Recital 75](https://www.headlesslaw.com/mica/recitals/75.md) - [Recital 76](https://www.headlesslaw.com/mica/recitals/76.md) - [Recital 77](https://www.headlesslaw.com/mica/recitals/77.md) - [Recital 78](https://www.headlesslaw.com/mica/recitals/78.md) - [Recital 79](https://www.headlesslaw.com/mica/recitals/79.md) - [Recital 80](https://www.headlesslaw.com/mica/recitals/80.md) - [Recital 81](https://www.headlesslaw.com/mica/recitals/81.md) - [Recital 82](https://www.headlesslaw.com/mica/recitals/82.md) - [Recital 83](https://www.headlesslaw.com/mica/recitals/83.md) - [Recital 84](https://www.headlesslaw.com/mica/recitals/84.md) - [Recital 85](https://www.headlesslaw.com/mica/recitals/85.md) - [Recital 86](https://www.headlesslaw.com/mica/recitals/86.md) - [Recital 87](https://www.headlesslaw.com/mica/recitals/87.md) - [Recital 88](https://www.headlesslaw.com/mica/recitals/88.md) - [Recital 89](https://www.headlesslaw.com/mica/recitals/89.md) - [Recital 90](https://www.headlesslaw.com/mica/recitals/90.md) - [Recital 91](https://www.headlesslaw.com/mica/recitals/91.md) - [Recital 92](https://www.headlesslaw.com/mica/recitals/92.md) - [Recital 93](https://www.headlesslaw.com/mica/recitals/93.md) - [Recital 94](https://www.headlesslaw.com/mica/recitals/94.md) - [Recital 95](https://www.headlesslaw.com/mica/recitals/95.md) - [Recital 96](https://www.headlesslaw.com/mica/recitals/96.md) - [Recital 97](https://www.headlesslaw.com/mica/recitals/97.md) - [Recital 98](https://www.headlesslaw.com/mica/recitals/98.md) - [Recital 99](https://www.headlesslaw.com/mica/recitals/99.md) - [Recital 100](https://www.headlesslaw.com/mica/recitals/100.md) - [Recital 101](https://www.headlesslaw.com/mica/recitals/101.md) - [Recital 102](https://www.headlesslaw.com/mica/recitals/102.md) - [Recital 103](https://www.headlesslaw.com/mica/recitals/103.md) - [Recital 104](https://www.headlesslaw.com/mica/recitals/104.md) - [Recital 105](https://www.headlesslaw.com/mica/recitals/105.md) - [Recital 106](https://www.headlesslaw.com/mica/recitals/106.md) - [Recital 107](https://www.headlesslaw.com/mica/recitals/107.md) - [Recital 108](https://www.headlesslaw.com/mica/recitals/108.md) - [Recital 109](https://www.headlesslaw.com/mica/recitals/109.md) - [Recital 110](https://www.headlesslaw.com/mica/recitals/110.md) - [Recital 111](https://www.headlesslaw.com/mica/recitals/111.md) - [Recital 112](https://www.headlesslaw.com/mica/recitals/112.md) - [Recital 113](https://www.headlesslaw.com/mica/recitals/113.md) - [Recital 114](https://www.headlesslaw.com/mica/recitals/114.md) - [Recital 115](https://www.headlesslaw.com/mica/recitals/115.md) - [Recital 116](https://www.headlesslaw.com/mica/recitals/116.md) - [Recital 117](https://www.headlesslaw.com/mica/recitals/117.md) - [Recital 118](https://www.headlesslaw.com/mica/recitals/118.md) - [Recital 119](https://www.headlesslaw.com/mica/recitals/119.md) - [Titles](https://www.headlesslaw.com/mica/titles.md): The 9 titles of MiCA. - [Title I — Subject matter, scope and definitions](https://www.headlesslaw.com/mica/titles/i.md): Articles 1–3 of MiCA. - [Title II — Crypto-assets other than asset-referenced tokens or e-money tokens](https://www.headlesslaw.com/mica/titles/ii.md): Articles 4–15 of MiCA. - [Title III — Asset-referenced tokens](https://www.headlesslaw.com/mica/titles/iii.md): Articles 16–47 of MiCA. - [Title IV — E-money tokens](https://www.headlesslaw.com/mica/titles/iv.md): Articles 48–58 of MiCA. - [Title V — Authorisation and operating conditions for crypto-asset service providers](https://www.headlesslaw.com/mica/titles/v.md): Articles 59–85 of MiCA. - [Title VI — Prevention and prohibition of market abuse involving crypto-assets](https://www.headlesslaw.com/mica/titles/vi.md): Articles 86–92 of MiCA. - [Title VII — Competent authorities, EBA and ESMA](https://www.headlesslaw.com/mica/titles/vii.md): Articles 93–138 of MiCA. - [Title VIII — Delegated acts](https://www.headlesslaw.com/mica/titles/viii.md): Article 139 of MiCA. - [Title IX — Transitional and final provisions](https://www.headlesslaw.com/mica/titles/ix.md): Articles 140–149 of MiCA. - [Articles](https://www.headlesslaw.com/mica/articles.md): All 150 articles of MiCA, one page each. - [Article 1 — Subject matter](https://www.headlesslaw.com/mica/articles/1.md) - [Article 2 — Scope](https://www.headlesslaw.com/mica/articles/2.md) - [Article 3 — Definitions](https://www.headlesslaw.com/mica/articles/3.md) - [Article 4 — Offers to the public of crypto-assets other than asset-referenced tokens or e-money tokens](https://www.headlesslaw.com/mica/articles/4.md) - [Article 5 — Admission to trading of crypto-assets other than asset-referenced tokens or e-money tokens](https://www.headlesslaw.com/mica/articles/5.md) - [Article 6 — Content and form of the crypto-asset white paper](https://www.headlesslaw.com/mica/articles/6.md) - [Article 7 — Marketing communications](https://www.headlesslaw.com/mica/articles/7.md) - [Article 8 — Notification of the crypto-asset white paper and of the marketing communications](https://www.headlesslaw.com/mica/articles/8.md) - [Article 9 — Publication of the crypto-asset white paper and of the marketing communications](https://www.headlesslaw.com/mica/articles/9.md) - [Article 10 — Result of the offer to the public and safeguarding arrangements](https://www.headlesslaw.com/mica/articles/10.md) - [Article 11 — Rights of offerors and persons seeking admission to trading of crypto-assets other than asset-referenced tokens or e-money tokens](https://www.headlesslaw.com/mica/articles/11.md) - [Article 12 — Modification of published crypto-asset white papers and of published marketing communications](https://www.headlesslaw.com/mica/articles/12.md) - [Article 13 — Right of withdrawal](https://www.headlesslaw.com/mica/articles/13.md) - [Article 14 — Obligations of offerors and persons seeking admission to trading of crypto-assets other than asset-referenced tokens or e-money tokens](https://www.headlesslaw.com/mica/articles/14.md) - [Article 15 — Liability for the information given in a crypto-asset white paper](https://www.headlesslaw.com/mica/articles/15.md) - [Article 16 — Authorisation](https://www.headlesslaw.com/mica/articles/16.md) - [Article 17 — Requirements for credit institutions](https://www.headlesslaw.com/mica/articles/17.md) - [Article 18 — Application for authorisation](https://www.headlesslaw.com/mica/articles/18.md) - [Article 19 — Content and form of the crypto-asset white paper for asset-referenced tokens](https://www.headlesslaw.com/mica/articles/19.md) - [Article 20 — Assessment of the application for authorisation](https://www.headlesslaw.com/mica/articles/20.md) - [Article 21 — Grant or refusal of the authorisation](https://www.headlesslaw.com/mica/articles/21.md) - [Article 22 — Reporting on asset-referenced tokens](https://www.headlesslaw.com/mica/articles/22.md) - [Article 23 — Restrictions on the issuance of asset-referenced tokens used widely as a means of exchange](https://www.headlesslaw.com/mica/articles/23.md) - [Article 24 — Withdrawal of the authorisation](https://www.headlesslaw.com/mica/articles/24.md) - [Article 25 — Modification of published crypto-asset white papers for asset-referenced tokens](https://www.headlesslaw.com/mica/articles/25.md) - [Article 26 — Liability of issuers of asset-referenced tokens for the information given in a crypto-asset white paper](https://www.headlesslaw.com/mica/articles/26.md) - [Article 27 — Obligation to act honestly, fairly and professionally in the best interest of the holders of asset-referenced tokens](https://www.headlesslaw.com/mica/articles/27.md) - [Article 28 — Publication of the crypto-asset white paper](https://www.headlesslaw.com/mica/articles/28.md) - [Article 29 — Marketing communications](https://www.headlesslaw.com/mica/articles/29.md) - [Article 30 — Ongoing information to holders of asset-referenced tokens](https://www.headlesslaw.com/mica/articles/30.md) - [Article 31 — Complaints-handling procedures](https://www.headlesslaw.com/mica/articles/31.md) - [Article 32 — Identification, prevention, management and disclosure of conflicts of interest](https://www.headlesslaw.com/mica/articles/32.md) - [Article 33 — Notification of changes to management body](https://www.headlesslaw.com/mica/articles/33.md) - [Article 34 — Governance arrangements](https://www.headlesslaw.com/mica/articles/34.md) - [Article 35 — Own funds requirements](https://www.headlesslaw.com/mica/articles/35.md) - [Article 36 — Obligation to have a reserve of assets, and composition and management of such reserve of assets](https://www.headlesslaw.com/mica/articles/36.md) - [Article 37 — Custody of reserve assets](https://www.headlesslaw.com/mica/articles/37.md) - [Article 38 — Investment of the reserve of assets](https://www.headlesslaw.com/mica/articles/38.md) - [Article 39 — Right of redemption](https://www.headlesslaw.com/mica/articles/39.md) - [Article 40 — Prohibition of granting interest](https://www.headlesslaw.com/mica/articles/40.md) - [Article 41 — Assessment of proposed acquisitions of issuers of asset-referenced tokens](https://www.headlesslaw.com/mica/articles/41.md) - [Article 42 — Content of the assessment of proposed acquisitions of issuers of asset-referenced tokens](https://www.headlesslaw.com/mica/articles/42.md) - [Article 43 — Classification of asset-referenced tokens as significant asset-referenced tokens](https://www.headlesslaw.com/mica/articles/43.md) - [Article 44 — Voluntary classification of asset-referenced tokens as significant asset-referenced tokens](https://www.headlesslaw.com/mica/articles/44.md) - [Article 45 — Specific additional obligations for issuers of significant asset-referenced tokens](https://www.headlesslaw.com/mica/articles/45.md) - [Article 46 — Recovery plan](https://www.headlesslaw.com/mica/articles/46.md) - [Article 47 — Redemption plan](https://www.headlesslaw.com/mica/articles/47.md) - [Article 48 — Requirements for the offer to the public or admission to trading of e-money tokens](https://www.headlesslaw.com/mica/articles/48.md) - [Article 49 — Issuance and redeemability of e-money tokens](https://www.headlesslaw.com/mica/articles/49.md) - [Article 50 — Prohibition of granting interest](https://www.headlesslaw.com/mica/articles/50.md) - [Article 51 — Content and form of the crypto-asset white paper for e-money tokens](https://www.headlesslaw.com/mica/articles/51.md) - [Article 52 — Liability of issuers of e-money tokens for the information given in a crypto-asset white paper](https://www.headlesslaw.com/mica/articles/52.md) - [Article 53 — Marketing communications](https://www.headlesslaw.com/mica/articles/53.md) - [Article 54 — Investment of funds received in exchange for e-money tokens](https://www.headlesslaw.com/mica/articles/54.md) - [Article 55 — Recovery and redemption plans](https://www.headlesslaw.com/mica/articles/55.md) - [Article 56 — Classification of e-money tokens as significant e-money tokens](https://www.headlesslaw.com/mica/articles/56.md) - [Article 57 — Voluntary classification of e-money tokens as significant e-money tokens](https://www.headlesslaw.com/mica/articles/57.md) - [Article 58 — Specific additional obligations for issuers of e-money tokens](https://www.headlesslaw.com/mica/articles/58.md) - [Article 59 — Authorisation](https://www.headlesslaw.com/mica/articles/59.md) - [Article 60 — Provision of crypto-asset services by certain financial entities](https://www.headlesslaw.com/mica/articles/60.md) - [Article 61 — Provision of crypto-asset services at the exclusive initiative of the client](https://www.headlesslaw.com/mica/articles/61.md) - [Article 62 — Application for authorisation as a crypto-asset service provider](https://www.headlesslaw.com/mica/articles/62.md) - [Article 63 — Assessment of the application for authorisation and grant or refusal of authorisation](https://www.headlesslaw.com/mica/articles/63.md) - [Article 64 — Withdrawal of authorisation of a crypto-asset service provider](https://www.headlesslaw.com/mica/articles/64.md) - [Article 65 — Cross-border provision of crypto-asset services](https://www.headlesslaw.com/mica/articles/65.md) - [Article 66 — Obligation to act honestly, fairly and professionally in the best interests of clients](https://www.headlesslaw.com/mica/articles/66.md) - [Article 67 — Prudential requirements](https://www.headlesslaw.com/mica/articles/67.md) - [Article 68 — Governance arrangements](https://www.headlesslaw.com/mica/articles/68.md) - [Article 69 — Information to competent authorities](https://www.headlesslaw.com/mica/articles/69.md) - [Article 70 — Safekeeping of clients’ crypto-assets and funds](https://www.headlesslaw.com/mica/articles/70.md) - [Article 71 — Complaints-handling procedures](https://www.headlesslaw.com/mica/articles/71.md) - [Article 72 — Identification, prevention, management and disclosure of conflicts of interest](https://www.headlesslaw.com/mica/articles/72.md) - [Article 73 — Outsourcing](https://www.headlesslaw.com/mica/articles/73.md) - [Article 74 — Orderly wind-down of crypto-asset service providers](https://www.headlesslaw.com/mica/articles/74.md) - [Article 75 — Providing custody and administration of crypto-assets on behalf of clients](https://www.headlesslaw.com/mica/articles/75.md) - [Article 76 — Operation of a trading platform for crypto-assets](https://www.headlesslaw.com/mica/articles/76.md) - [Article 77 — Exchange of crypto-assets for funds or other crypto-assets](https://www.headlesslaw.com/mica/articles/77.md) - [Article 78 — Execution of orders for crypto-assets on behalf of clients](https://www.headlesslaw.com/mica/articles/78.md) - [Article 79 — Placing of crypto-assets](https://www.headlesslaw.com/mica/articles/79.md) - [Article 80 — Reception and transmission of orders for crypto-assets on behalf of clients](https://www.headlesslaw.com/mica/articles/80.md) - [Article 81 — Providing advice on crypto-assets and providing portfolio management of crypto-assets](https://www.headlesslaw.com/mica/articles/81.md) - [Article 82 — Providing transfer services for crypto-assets on behalf of clients](https://www.headlesslaw.com/mica/articles/82.md) - [Article 83 — Assessment of proposed acquisitions of crypto-asset service providers](https://www.headlesslaw.com/mica/articles/83.md) - [Article 84 — Content of the assessment of proposed acquisitions of crypto-asset service providers](https://www.headlesslaw.com/mica/articles/84.md) - [Article 85 — Identification of significant crypto-asset service providers](https://www.headlesslaw.com/mica/articles/85.md) - [Article 86 — Scope of the rules on market abuse](https://www.headlesslaw.com/mica/articles/86.md) - [Article 87 — Inside information](https://www.headlesslaw.com/mica/articles/87.md) - [Article 88 — Public disclosure of inside information](https://www.headlesslaw.com/mica/articles/88.md) - [Article 89 — Prohibition of insider dealing](https://www.headlesslaw.com/mica/articles/89.md) - [Article 90 — Prohibition of unlawful disclosure of inside information](https://www.headlesslaw.com/mica/articles/90.md) - [Article 91 — Prohibition of market manipulation](https://www.headlesslaw.com/mica/articles/91.md) - [Article 92 — Prevention and detection of market abuse](https://www.headlesslaw.com/mica/articles/92.md) - [Article 93 — Competent authorities](https://www.headlesslaw.com/mica/articles/93.md) - [Article 94 — Powers of competent authorities](https://www.headlesslaw.com/mica/articles/94.md) - [Article 95 — Cooperation between competent authorities](https://www.headlesslaw.com/mica/articles/95.md) - [Article 96 — Cooperation with EBA and ESMA](https://www.headlesslaw.com/mica/articles/96.md) - [Article 97 — Promotion of convergence on the classification of crypto-assets](https://www.headlesslaw.com/mica/articles/97.md) - [Article 98 — Cooperation with other authorities](https://www.headlesslaw.com/mica/articles/98.md) - [Article 99 — Duty of notification](https://www.headlesslaw.com/mica/articles/99.md) - [Article 100 — Professional secrecy](https://www.headlesslaw.com/mica/articles/100.md) - [Article 101 — Data protection](https://www.headlesslaw.com/mica/articles/101.md) - [Article 102 — Precautionary measures](https://www.headlesslaw.com/mica/articles/102.md) - [Article 103 — ESMA temporary intervention powers](https://www.headlesslaw.com/mica/articles/103.md) - [Article 104 — EBA temporary intervention powers](https://www.headlesslaw.com/mica/articles/104.md) - [Article 105 — Product intervention by competent authorities](https://www.headlesslaw.com/mica/articles/105.md) - [Article 106 — Coordination with ESMA or EBA](https://www.headlesslaw.com/mica/articles/106.md) - [Article 107 — Cooperation with third countries](https://www.headlesslaw.com/mica/articles/107.md) - [Article 108 — Complaints-handling by competent authorities](https://www.headlesslaw.com/mica/articles/108.md) - [Article 109 — Register of crypto-asset white papers, of issuers of asset-referenced tokens and e-money tokens, and of crypto-asset service providers](https://www.headlesslaw.com/mica/articles/109.md) - [Article 110 — Register of non-compliant entities providing crypto-asset services](https://www.headlesslaw.com/mica/articles/110.md) - [Article 110a — Accessibility of information on the European single access point](https://www.headlesslaw.com/mica/articles/110a.md) - [Article 111 — Administrative penalties and other administrative measures](https://www.headlesslaw.com/mica/articles/111.md) - [Article 112 — Exercise of supervisory powers and powers to impose penalties](https://www.headlesslaw.com/mica/articles/112.md) - [Article 113 — Right of appeal](https://www.headlesslaw.com/mica/articles/113.md) - [Article 114 — Publication of decisions](https://www.headlesslaw.com/mica/articles/114.md) - [Article 115 — Reporting of administrative penalties and other administrative measures to ESMA and EBA](https://www.headlesslaw.com/mica/articles/115.md) - [Article 116 — Reporting of infringements and protection of reporting persons](https://www.headlesslaw.com/mica/articles/116.md) - [Article 117 — Supervisory responsibilities of EBA with respect to issuers of significant asset-referenced tokens and issuers of significant e-money tokens](https://www.headlesslaw.com/mica/articles/117.md) - [Article 118 — EBA crypto-asset committee](https://www.headlesslaw.com/mica/articles/118.md) - [Article 119 — Colleges for issuers of significant asset-referenced tokens and significant e-money tokens](https://www.headlesslaw.com/mica/articles/119.md) - [Article 120 — Non-binding opinions of the colleges for issuers of significant asset-referenced tokens and significant e-money tokens](https://www.headlesslaw.com/mica/articles/120.md) - [Article 121 — Legal privilege](https://www.headlesslaw.com/mica/articles/121.md) - [Article 122 — Request for information](https://www.headlesslaw.com/mica/articles/122.md) - [Article 123 — General investigative powers](https://www.headlesslaw.com/mica/articles/123.md) - [Article 124 — On-site inspections](https://www.headlesslaw.com/mica/articles/124.md) - [Article 125 — Exchange of information](https://www.headlesslaw.com/mica/articles/125.md) - [Article 126 — Administrative agreements on the exchange of information between EBA and third countries](https://www.headlesslaw.com/mica/articles/126.md) - [Article 127 — Disclosure of information from third countries](https://www.headlesslaw.com/mica/articles/127.md) - [Article 128 — Cooperation with other authorities](https://www.headlesslaw.com/mica/articles/128.md) - [Article 129 — Professional secrecy](https://www.headlesslaw.com/mica/articles/129.md) - [Article 130 — Supervisory measures by EBA](https://www.headlesslaw.com/mica/articles/130.md) - [Article 131 — Fines](https://www.headlesslaw.com/mica/articles/131.md) - [Article 132 — Periodic penalty payments](https://www.headlesslaw.com/mica/articles/132.md) - [Article 133 — Disclosure, nature, enforcement and allocation of fines and periodic penalty payments](https://www.headlesslaw.com/mica/articles/133.md) - [Article 134 — Procedural rules for taking supervisory measures and imposing fines](https://www.headlesslaw.com/mica/articles/134.md) - [Article 135 — Hearing of the persons concerned](https://www.headlesslaw.com/mica/articles/135.md) - [Article 136 — Review by the Court of Justice](https://www.headlesslaw.com/mica/articles/136.md) - [Article 137 — Supervisory fees](https://www.headlesslaw.com/mica/articles/137.md) - [Article 138 — Delegation of tasks by EBA to competent authorities](https://www.headlesslaw.com/mica/articles/138.md) - [Article 139 — Exercise of the delegation](https://www.headlesslaw.com/mica/articles/139.md) - [Article 140 — Reports on the application of this Regulation](https://www.headlesslaw.com/mica/articles/140.md) - [Article 141 — ESMA annual report on market developments](https://www.headlesslaw.com/mica/articles/141.md) - [Article 142 — Report on latest developments in crypto-assets](https://www.headlesslaw.com/mica/articles/142.md) - [Article 143 — Transitional measures](https://www.headlesslaw.com/mica/articles/143.md) - [Article 144 — Amendment to Regulation (EU) No 1093/2010](https://www.headlesslaw.com/mica/articles/144.md) - [Article 145 — Amendment to Regulation (EU) No 1095/2010](https://www.headlesslaw.com/mica/articles/145.md) - [Article 146 — Amendment to Directive 2013/36/EU](https://www.headlesslaw.com/mica/articles/146.md) - [Article 147 — Amendment to Directive (EU) 2019/1937](https://www.headlesslaw.com/mica/articles/147.md) - [Article 148 — Transposition of amendments to Directives 2013/36/EU and (EU) 2019/1937](https://www.headlesslaw.com/mica/articles/148.md) - [Article 149 — Entry into force and application](https://www.headlesslaw.com/mica/articles/149.md) - [Annexes](https://www.headlesslaw.com/mica/annexes.md): The 6 annexes of MiCA. - [Annex I](https://www.headlesslaw.com/mica/annexes/annex-i.md) - [Annex II](https://www.headlesslaw.com/mica/annexes/annex-ii.md) - [Annex III](https://www.headlesslaw.com/mica/annexes/annex-iii.md) - [Annex IV](https://www.headlesslaw.com/mica/annexes/annex-iv.md) - [Annex V](https://www.headlesslaw.com/mica/annexes/annex-v.md) - [Annex VI](https://www.headlesslaw.com/mica/annexes/annex-vi.md) - [Level 2](https://www.headlesslaw.com/mica/level-2.md): Level 2 — MiCA (40 instruments). - [Delegated acts](https://www.headlesslaw.com/mica/level-2/delegated-acts.md): Delegated acts — MiCA (4 instruments). - [2024/1503 — Delegated act — EBA Supervisory Fees \[in force\]](https://www.headlesslaw.com/mica/level-2/delegated-acts/delegated-regulation-eba-supervisory-fees.md) - [2024/1504 — Delegated act — EBA Fines Procedure \[in force\]](https://www.headlesslaw.com/mica/level-2/delegated-acts/delegated-regulation-eba-fines-procedural-rules.md) - [2024/1506 — Delegated act — ART/EMT Significance \[in force\]](https://www.headlesslaw.com/mica/level-2/delegated-acts/delegated-regulation-on-significance-criteria-for-arts-emts.md) - [2024/1507 — Delegated act — Product Intervention \[in force\]](https://www.headlesslaw.com/mica/level-2/delegated-acts/delegated-regulation-product-intervention-criteria.md) - [Regulatory technical standards (RTS)](https://www.headlesslaw.com/mica/level-2/rts.md): Regulatory technical standards (RTS) — MiCA (25 instruments). - [2025/292 — RTS — Third-Country Cooperation \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/regulatory-technical-standards-template-cooperation-arrangements-third-country-authorities.md) - [2025/293 — RTS — ART Complaints Handling \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/rts-on-complaints-handling-procedures-for-issuers-of-arts.md) - [2025/294 — RTS — CASP Complaints Handling \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/regulatory-technical-standards-complaints-handling-crypto-asset-service-providers.md) - [2025/296 — RTS — ART White Paper Approval \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/rts-on-the-procedure-for-the-approval-of-white-papers-of-arts-issued-by-c.md) - [2025/297 — RTS — Supervisory Colleges \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/regulatory-technical-standards-on-supervisory-colleges-under-micar.md) - [2025/298 — RTS — Non-EU-currency means of exchange \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/rts-on-the-use-of-arts-and-emts-denominated-in-a-non-eu-currency-as-a-means-of-exchange-micar.md) - [2025/299 — RTS — CASP Service Continuity \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/regulatory-technical-standards-continuity-regularity-performance-crypto-asset-services.md) - [2025/300 — RTS — Competent Authority Info \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/regulatory-technical-standards-information-exchanged-between-competent-authorities.md) - [2025/303 — RTS — Financial Entity Notification \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/regulatory-technical-standards-specifying-information-notification-certain-financial-entities-crypto.md) - [2025/305 — RTS — CASP Authorisation Info \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/regulatory-technical-standards-information-application-authorisation-crypto-asset-service-provider.md) - [2025/413 — RTS — ART Qualifying Holdings Info \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/rts-on-information-for-assessment-of-a-proposed-acquisition-of-qualifying-holdings-in-issuers-of-art.md) - [2025/414 — RTS — CASP Qualifying Holdings \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/regulatory-technical-standards-information-assessment-proposed-acquisition-qualifying-holding-casp.md) - [2025/415 — RTS — Own Funds & Stress Test \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/regulatory-technical-standards-to-specify-the-adjustment-of-own-funds-requirements-and-stress-testin.md) - [2025/416 — RTS — Order Book Records \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/regulatory-technical-standards-content-format-order-book-records-trading-platforms-crypto-assets.md) - [2025/417 — RTS — Trading Platform Transparency \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/regulatory-technical-standards-presentation-transparency-data-trading-platforms-crypto-assets.md) - [2025/418 — RTS — Remuneration Policy \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/rts-on-the-minimum-content-of-the-governance-arrangements-on-the-remuneration-policy-under-micar.md) - [2025/419 — RTS — Own Funds Procedure \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/rts-on-the-procedure-and-timeframe-to-adjust-own-funds-requirements-for-significant-issuers.md) - [2025/421 — RTS — White Paper Classification \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/regulatory-technical-standards-data-classification-white-papers-machine-readable.md) - [2025/422 — RTS — Sustainability Indicators \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/regulatory-technical-standards-sustainability-indicators-adverse-climate-environment-impacts.md) - [2025/885 — RTS — Market Abuse STOR \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/regulatory-technical-standards-prevent-detect-report-market-abuse-stor-coordination.md) - [2025/1125 — RTS — ART Authorisation Info \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/regulatory-technical-standards-information-in-application-art-authorisation.md) - [2025/1140 — RTS — CASP Record-Keeping \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/regulatory-technical-standards-records-crypto-asset-services-activities-orders-transactions.md) - [2025/1141 — RTS — ART Issuer Conflicts \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/2025-1141-art-issuer-conflicts-of-interest.md) - [2025/1142 — RTS — CASP Conflicts of Interest \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/regulatory-technical-standards-on-requirements-for-policies-and-procedures-on-conflicts-of-interest.md) - [2025/1264 — RTS — Liquidity Management Policy \[in force\]](https://www.headlesslaw.com/mica/level-2/rts/regulatory-technical-standards-minimum-liquidity-management-policy-significant-art-emt.md) - [Implementing technical standards (ITS)](https://www.headlesslaw.com/mica/level-2/its.md): Implementing technical standards (ITS) — MiCA (8 instruments). - [2024/2494 — ITS — ESA Cooperation Exchange \[in force\]](https://www.headlesslaw.com/mica/level-2/its/implementing-technical-standards-cooperation-exchange-information-between-competent-authorities-eba.md) - [2024/2545 — ITS — NCA Cooperation Exchange \[in force\]](https://www.headlesslaw.com/mica/level-2/its/implementing-technical-standards-cooperation-exchange-information-between-competent-authorities.md) - [2024/2861 — ITS — Inside Information Disclosure \[in force\]](https://www.headlesslaw.com/mica/level-2/its/implementing-technical-standards-public-disclosure-inside-information-delay.md) - [2024/2902 — ITS — Non-EU Currency Reporting \[in force\]](https://www.headlesslaw.com/mica/level-2/its/implementing-technical-standards-on-the-reporting-on-arts-and-emts-denominated-in-a-non-eu-currency.md) - [2024/2984 — ITS — White Paper Format \[in force\]](https://www.headlesslaw.com/mica/level-2/its/implementing-technical-standards-forms-formats-templates-crypto-asset-white-papers.md) - [2025/304 — ITS — Financial Entity Notification \[in force\]](https://www.headlesslaw.com/mica/level-2/its/implementing-technical-standards-standard-forms-templates-procedures-notification-certain-financial.md) - [2025/306 — ITS — CASP Authorisation Forms \[in force\]](https://www.headlesslaw.com/mica/level-2/its/implementing-technical-standards-standard-forms-templates-procedures-application-authorisation-crypt.md) - [2025/1126 — ITS — ART Authorisation Forms \[in force\]](https://www.headlesslaw.com/mica/level-2/its/implementing-technical-standards-forms-templates-art-authorisation.md) - [Pending final drafts](https://www.headlesslaw.com/mica/level-2/pending.md): Pending final drafts — MiCA (3 instruments). - [EBA — RTS — Crypto Exposure Values \[final draft submitted\]](https://www.headlesslaw.com/mica/level-2/pending/regulatory-technical-standards-on-the-calculation-and-aggregation-of-crypto-exposure-values.md) - [EBA — RTS — Highly Liquid Reserve \[final draft submitted\]](https://www.headlesslaw.com/mica/level-2/pending/rts-on-highly-liquid-financial-instruments-in-reserve-assets.md) - [EBA — RTS — Reserve Asset Liquidity \[final draft submitted\]](https://www.headlesslaw.com/mica/level-2/pending/rts-on-liquidity-requirements-of-reserve-of-assets.md) - [Level 3](https://www.headlesslaw.com/mica/level-3.md): Level 3 — MiCA (120 instruments). - [Guidelines](https://www.headlesslaw.com/mica/level-3/guidelines.md): Guidelines — MiCA (17 instruments). - [EBA/GL/2024/06 — Guideline — ART Internal Governance \[final\]](https://www.headlesslaw.com/mica/level-3/guidelines/guidelines-on-internal-governance-arrangements-for-issuers-of-arts-under-micar.md) - [EBA/GL/2024/07 — Guideline — Issuer Recovery Plans \[final\]](https://www.headlesslaw.com/mica/level-3/guidelines/guidelines-on-recovery-plans-under-micar.md) - [EBA/GL/2024/08 — Guideline — Liquidity Stress Testing \[final\]](https://www.headlesslaw.com/mica/level-3/guidelines/guidelines-on-liquidity-stress-testing-under-micar.md) - [EBA/GL/2024/09 — Guideline — Management Body Suitability \[final\]](https://www.headlesslaw.com/mica/level-3/guidelines/guidelines-on-the-suitability-assessment-of-the-members-of-the-management-body.md) - [EBA/GL/2024/09 — Guideline — Qualifying Holder Suitability \[final\]](https://www.headlesslaw.com/mica/level-3/guidelines/guidelines-on-the-suitability-assessment-of-shareholders-and-members-with-qualifying-holdings.md) - [EBA/GL/2024/13 — Guideline — Issuer Redemption Plans \[final\]](https://www.headlesslaw.com/mica/level-3/guidelines/guidelines-on-redemption-plans-under-micar.md) - [EBA/GL/2024/16 — Guideline — ART Supervisory Reporting \[final\]](https://www.headlesslaw.com/mica/level-3/guidelines/guidelines-on-reporting-templates-supervisory-duties.md) - [ESMA35-24871704-2922 — Guideline — Knowledge & Competence Assessment \[final\]](https://www.headlesslaw.com/mica/level-3/guidelines/guidelines-on-knowledge-and-competence.md) - [ESMA35-1872330276-1936 — Guideline — Investor Protection Requirements \[final\]](https://www.headlesslaw.com/mica/level-3/guidelines/final-report-on-the-guidelines-specifying-certain-requirements-of-mica-on-investor-protection-thir.md) - [ESMA35-1872330276-2030 — Guideline — Reverse Solicitation \[final\]](https://www.headlesslaw.com/mica/level-3/guidelines/final-report-on-the-guidelines-on-reverse-solicitation.md) - [ESMA35-1872330276-2031 — Guideline — Suitability and Periodic \[final\]](https://www.headlesslaw.com/mica/level-3/guidelines/guidelines-suitability-periodic-statement-article-81.md) - [ESMA35-1872330276-2032 — Guideline — CASP Transfer Services \[final\]](https://www.headlesslaw.com/mica/level-3/guidelines/guidelines-casp-transfer-services-article-82.md) - [ESMA75-223375936-6132 — Guideline — Systems & Security Access \[final\]](https://www.headlesslaw.com/mica/level-3/guidelines/final-report-on-the-guidelines-specifying-union-standards-on-the-maintenance-of-systems-and-security.md) - [ESMA75-453128700-1039 — Guideline — Market Abuse Supervisory Practices \[final\]](https://www.headlesslaw.com/mica/level-3/guidelines/guidelines-market-abuse-supervisory-practices-article-92.md) - [ESMA75-453128700-1323 — Guideline — Crypto-Asset Financial Instruments \[final\]](https://www.headlesslaw.com/mica/level-3/guidelines/final-report-on-the-guidelines-on-the-conditions-and-criteria-for-the-qualification-of-crypto-assets.md) - [JC 2024/28 — Guideline — Crypto Classification Test \[final\]](https://www.headlesslaw.com/mica/level-3/guidelines/esas-guidelines-on-templates-for-explanations-and-opinions-and-the-standardised-test.md) - [EBA — Guideline — CASPs, intermediary CASPs and AML/CFT supervisors \[final\]](https://www.headlesslaw.com/mica/level-3/guidelines/eba-travel-rule-and-mltf-risk-guidelines-casps-2024.md) - [Q\&A](https://www.headlesslaw.com/mica/level-3/q-and-a.md): Q\&A — MiCA (69 instruments). - [EBA](https://www.headlesslaw.com/mica/level-3/q-and-a/eba.md): EBA — MiCA (18 instruments). - [EBA Q\&A 2024\_7027 — Q\&A — CASP: non-EUR EMT trading \[Rejected question\]](https://www.headlesslaw.com/mica/level-3/q-and-a/eba/eba-qa-7027-casp-non-eur-emt-trading.md) - [EBA Q\&A 2024\_7066 — Q\&A — ART reserve: bail-in eligibility \[Question under review\]](https://www.headlesslaw.com/mica/level-3/q-and-a/eba/eba-qa-7066-art-reserve-bail-in-eligibility.md) - [EBA Q\&A 2024\_7067 — Q\&A — MiCAR vs CRD: recovery plan info \[Rejected question\]](https://www.headlesslaw.com/mica/level-3/q-and-a/eba/eba-qa-7067-micar-vs-crd-recovery-plan-info.md) - [EBA Q\&A 2024\_7068 — Q\&A — EMT parallel issuance: EU and non-EU \[Question under review\]](https://www.headlesslaw.com/mica/level-3/q-and-a/eba/eba-qa-7068-emt-parallel-issuance-eu-non-eu.md) - [EBA Q\&A 2024\_7069 — Q\&A — Scope of Recital 54 and Article 54 \[Question under review\]](https://www.headlesslaw.com/mica/level-3/q-and-a/eba/eba-qa-7069-recital-54-article-54-significance.md) - [EBA Q\&A 2024\_7078 — Q\&A — EMT issuers: AML/KYC obligations \[Final Q\&A\]](https://www.headlesslaw.com/mica/level-3/q-and-a/eba/eba-qa-7078-emt-issuer-aml-kyc-scope.md) - [EBA Q\&A 2024\_7084 — Q\&A — Should exchanging EMTs for other crypto-assets \[Final Q\&A\]](https://www.headlesslaw.com/mica/level-3/q-and-a/eba/eba-qa-7084-emt-exchange-qualification.md) - [EBA Q\&A 2024\_7114 — Q\&A — Gold tokens as ARTs \[Rejected question\]](https://www.headlesslaw.com/mica/level-3/q-and-a/eba/eba-qa-7114-gold-tokens-arts.md) - [EBA Q\&A 2024\_7166 — Q\&A — White paper obligation for exempt ART issuers \[Final Q\&A\]](https://www.headlesslaw.com/mica/level-3/q-and-a/eba/eba-qa-7166-whitepaper-publication-exempted-issuers.md) - [EBA Q\&A 2024\_7167 — Q\&A — Passporting procedure for non-CI ART issuers \[Final Q\&A\]](https://www.headlesslaw.com/mica/level-3/q-and-a/eba/eba-qa-7167-passporting-art-issuers.md) - [EBA Q\&A 2024\_7168 — Q\&A — CI/EMI passporting for ART/EMT \[Final Q\&A\]](https://www.headlesslaw.com/mica/level-3/q-and-a/eba/eba-qa-7168-passporting-ci-emi-token-issuers.md) - [EBA Q\&A 2024\_7172 — Q\&A — Lightning Network: TFR/Travel Rule scope for CASPs \[Final Q\&A\]](https://www.headlesslaw.com/mica/level-3/q-and-a/eba/eba-qa-7172-lightning-network-travel-rule.md) - [EBA Q\&A 2024\_7185 — Q\&A — ART/EMT: scope of public offering \[Final Q\&A\]](https://www.headlesslaw.com/mica/level-3/q-and-a/eba/eba-qa-7185-scope-public-offering-art-emt.md) - [EBA Q\&A 2024\_7210 — Q\&A — Own funds for issuers exempt from authorisation \[Rejected question\]](https://www.headlesslaw.com/mica/level-3/q-and-a/eba/eba-qa-7210-own-funds-art-issuers-exempt.md) - [EBA Q\&A 2025\_7457 — Q\&A — PSD2 applicability to EMT issuance/redemption \[Question under review\]](https://www.headlesslaw.com/mica/level-3/q-and-a/eba/eba-qa-7457-psd2-applicability-emt-issuance.md) - [EBA Q\&A 2025\_7591 — Q\&A — EMT issuance: bank segregated account \[Rejected question\]](https://www.headlesslaw.com/mica/level-3/q-and-a/eba/eba-qa-7591-emt-issuance-bank-segregated-account.md) - [EBA Q\&A 2026\_7834 — Q\&A — Own funds: overlapping CASP/EMI/IF authorisations \[Rejected question\]](https://www.headlesslaw.com/mica/level-3/q-and-a/eba/eba-qa-7834-own-funds-overlapping-casp-emi-if.md) - [EBA Q\&A 2026\_7968 — Q\&A — NCA power to increase own funds or reserve assets \[Rejected question\]](https://www.headlesslaw.com/mica/level-3/q-and-a/eba/eba-qa-7968-nca-power-increase-own-funds-reserve-assets.md) - [ESMA](https://www.headlesslaw.com/mica/level-3/q-and-a/esma.md): ESMA — MiCA (51 instruments). - [ESMA Q\&A 765 — Q\&A — MiCA services \[Forwarded to EC/Public Consultation/Other\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-765-dlt-mi-operator-mica-services.md) - [ESMA Q\&A 2005 — Q\&A — Crypto-asset services of a DLT MI \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2005-crypto-asset-services-dlt-mi.md) - [ESMA Q\&A 2067 — Q\&A — Staking-as-a-service coverage \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2067-staking-services.md) - [ESMA Q\&A 2068 — Q\&A — AML CASPs: grandfathering \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2068-grandfathering-aml-registration.md) - [ESMA Q\&A 2069 — Q\&A — Art. 60 transitional provision \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2069-article-60-entities-transitional.md) - [ESMA Q\&A 2070 — Q\&A — AML CASPs: simplified authorisation \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2070-simplified-authorisation-aml-entities.md) - [ESMA Q\&A 2071 — Q\&A — Transfer: standalone or ancillary \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2071-crypto-transfer-standalone-vs-ancillary.md) - [ESMA Q\&A 2085 — Q\&A — CASPs established before (and after) 30 December 2024 \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2085-new-casps-established-before-after-30-december.md) - [ESMA Q\&A 2086 — Q\&A — Passporting rights \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2086-passporting-rights-entities-benefiting-grandfathering.md) - [ESMA Q\&A 2087 — Q\&A — Prohibition of monetary and non-monetary benefits \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2087-prohibition-monetary-non-monetary-benefits.md) - [ESMA Q\&A 2088 — Q\&A — Tied agents: notification \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2088-notification-tied-agents.md) - [ESMA Q\&A 2089 — Q\&A — Notifications under Article 60 MiCA \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2089-notifications-article-60.md) - [ESMA Q\&A 2125 — Q\&A — Services based on an Article 60 notification \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2125-casps-providing-services-based-article-60-notification.md) - [ESMA Q\&A 2143 — Q\&A — Tied agents under MiCA \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2143-tied-agents.md) - [ESMA Q\&A 2181 — Q\&A — Publication of information by CASPs providing exchange \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2181-publication-information-casps-providing-service-exchange.md) - [ESMA Q\&A 2220 — Q\&A — Entities not authorised as CASPs \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2220-entities-not-authorised-casps-end-transition-period.md) - [ESMA Q\&A 2221 — Q\&A — What happens to an entity \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2221-entities-who-have-not-applied-whose-application.md) - [ESMA Q\&A 2290 — Q\&A — Custody agreements in the exercise of rights \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2290-custody-agreements-exercise-rights-attached-crypto-assets.md) - [ESMA Q\&A 2293 — Q\&A — Proprietary trading by CASPs \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2293-proprietary-trading-casp.md) - [ESMA Q\&A 2295 — Q\&A — Status of entities providing crypto-asset services \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2295-status-entities-providing-crypto-asset-services-part.md) - [ESMA Q\&A 2320 — Q\&A — Withdrawal requirements under Article 75 \[Published Answer Updated\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2320-clarification-withdrawal-requirements-article-75-casps.md) - [ESMA Q\&A 2342 — Q\&A — Natural persons/trusts as CASPs \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2342-natural-persons-casps.md) - [ESMA Q\&A 2343 — Q\&A — Minimum capital requirements for CASPs \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2343-minimum-capital-requirements-casps.md) - [ESMA Q\&A 2344 — Q\&A — Audit / certification of CASP financial statements \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2344-audit-certification-casp-financial-statements.md) - [ESMA Q\&A 2349 — Q\&A — Calculation of fixed overheads \[Published Answer Updated\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2349-calculation-fixed-overheads.md) - [ESMA Q\&A 2364 — Q\&A — Applicability of DORA and TFR Requirements to VASPs \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2364-applicability-dora-tfr-requirements-vasps-not-classified.md) - [ESMA Q\&A 2397 — Q\&A — Registered AIFMs: MiCA auth \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2397-aifm-mica-authorisation.md) - [ESMA Q\&A 2404 — Q\&A — Services for non-compliant ARTs/EMTs \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2404-non-compliant-art-emt-trading.md) - [ESMA Q\&A 2414 — Q\&A — MiCAR CASP: Best Possible Outcome for the Client \[Question Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2414-micar-casp-best-possible-outcome-client.md) - [ESMA Q\&A 2417 — Q\&A — Primary-issuance transfers by the issuer \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2417-issuer-primary-issuance-transfer-custody-services.md) - [ESMA Q\&A 2463 — Q\&A — Auto/copy trading scope \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2463-auto-trading.md) - [ESMA Q\&A 2486 — Q\&A — Interests earned from client funds \[Published Answer Updated\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2486-interests-earned-client-funds-deposited-at-credit.md) - [ESMA Q\&A 2550 — Q\&A — Payouts in fiat currency by CASPs \[Published Answer Updated\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2550-payouts-fiat-currency-casps-context-exchange-services.md) - [ESMA Q\&A 2551 — Q\&A — Overlap between offers and placing \[Published Answer Updated\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2551-overlap-between-offers-crypto-assets-placing.md) - [ESMA Q\&A 2552 — Q\&A — Application of Title II requirements to CASPs \[Published Answer Updated\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2552-application-title-ii-requirements-casps-operating-trading.md) - [ESMA Q\&A 2578 — Q\&A — Commingling client assets \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2578-commingling-client-assets.md) - [ESMA Q\&A 2579 — Q\&A — Shared order book model \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2579-shared-order-book.md) - [ESMA Q\&A 2607 — Q\&A — Staking on own account \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2607-staking-own-account.md) - [ESMA Q\&A 2608 — Q\&A — Pre-funding orders with clients’ crypto-assets \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2608-pre-funding-clients-orders-clients-crypto-assets.md) - [ESMA Q\&A 2653 — Q\&A — Exchange vs execution services \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2653-execution-service-classification.md) - [ESMA Q\&A 2654 — Q\&A — Title II tokens: white paper \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2654-transitional-whitepaper-title-ii.md) - [ESMA Q\&A 2671 — Q\&A — Exemption from white paper requirements \[Published Answer Updated\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2671-exemption-white-paper-requirements-offering-crypto-asset.md) - [ESMA Q\&A 2711 — Q\&A — Scope of the term “trading platform for crypto-assets” \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2711-term-trading-platform-crypto-assets-article-78.md) - [ESMA Q\&A 2746 — Q\&A — CASP group structure: holding company \[Question Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2746-casp-group-structure.md) - [ESMA Q\&A 2769 — Q\&A — PPAETs: personal scope \[Forwarded to EC/Public Consultation/Other\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2769-ppaet-market-abuse-scope.md) - [ESMA Q\&A 2830 — Q\&A — Third-party advice by independent contractors \[Question Rejected\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2830-third-party-advice-independent-contractors-not-authorised.md) - [ESMA Q\&A 2845 — Q\&A — Modified white papers: XBRL format \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2845-whitepaper-xbrl-format.md) - [ESMA Q\&A 2882 — Q\&A — Perimeter of advice: MiCA vs MiFID II \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2882-perimeter-of-advice-mica-vs-mifid-ii.md) - [ESMA Q\&A 2883 — Q\&A — Crypto-asset lending services under MiCA \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2883-crypto-asset-lending-services.md) - [ESMA Q\&A 2932 — Q\&A — Transient exposure of EU \[Forwarded to EC/Public Consultation/Other\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2932-transient-client-assets-non-eu-hot-wallet.md) - [ESMA Q\&A 2933 — Q\&A — Non-EU entities in signing \[Forwarded to EC/Public Consultation/Other\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2933-non-eu-group-entities-transaction-signing.md) - [ESMA Q\&A 2949 — Q\&A — Use by CASPs of payment accounts provided by non-bank \[Answer Published\]](https://www.headlesslaw.com/mica/level-3/q-and-a/esma/esma-qa-2949-use-by-casps-of-payment-accounts-provided-by-non-bank.md) - [Opinions](https://www.headlesslaw.com/mica/level-3/opinions.md): Opinions — MiCA (9 instruments). - [EBA/Op/2025/03 — Opinion — ART Authorisation RTS \[published\]](https://www.headlesslaw.com/mica/level-3/opinions/eba-op-2025-03-amendments-rts-art-authorisation-information.md) - [EBA/Op/2025/13 — Opinion — Reserve Liquidity RTS \[published\]](https://www.headlesslaw.com/mica/level-3/opinions/eba-op-2025-13-amendments-rts-reserve-liquidity-requirements.md) - [EBA/Op/2025/14 — Opinion — Highly liquid financial instruments \[published\]](https://www.headlesslaw.com/mica/level-3/opinions/eba-op-2025-14-amendments-rts-highly-liquid-financial-instruments.md) - [EBA/OP/2026/01 — Opinion — End of NAL Transition \[published\]](https://www.headlesslaw.com/mica/level-3/opinions/eba-op-2026-01-end-of-nal-transition-period.md) - [ESMA75-113276571-1742 — Opinion — Non-MiCA-compliant ARTs and EMTs \[published\]](https://www.headlesslaw.com/mica/level-3/opinions/esma75-113276571-1742-opinion-on-non-mica-compliant-arts-and-emts.md) - [ESMA75-453128700-1048 — Opinion — Broker Models \[published\]](https://www.headlesslaw.com/mica/level-3/opinions/esma75-453128700-1048-opinion-on-broker-models.md) - [EBA — Opinion — CASPs and AML/CFT competent authorities \[published\]](https://www.headlesslaw.com/mica/level-3/opinions/eba-ml-tf-risks-opinion-report-2025.md) - [EBA — Opinion — PSD2 / MiCA Interplay \[published\]](https://www.headlesslaw.com/mica/level-3/opinions/opinion-psd2-mica-interplay.md) - [EBA — Opinion — RTS Conflicts of Interest \[published\]](https://www.headlesslaw.com/mica/level-3/opinions/opinion-on-ec-changes-on-rts-on-conflicts-of-interests-for-issuers-of-asset-referenced-tokens-under.md) - [Statements](https://www.headlesslaw.com/mica/level-3/statements.md): Statements — MiCA (15 instruments). - [ESMA74-449133380-441 — Statement — MiCA Supervisory Convergence \[published\]](https://www.headlesslaw.com/mica/level-3/statements/esma74-449133380-441-statement-on-mica-supervisory-convergence.md) - [ESMA75-113276571-1710 — Statement — Unauthorised CASPs \[published\]](https://www.headlesslaw.com/mica/level-3/statements/esma75-113276571-1710-statement-mica-transitional-period-ends.md) - [ESMA75-223375936-6099 — Statement — Services for Non-MiCA-Compliant ARTs and EMTs \[published\]](https://www.headlesslaw.com/mica/level-3/statements/esma75-223375936-6099-statement-on-non-mica-compliant-arts-and-emts.md) - [EBA — Statement — Preparatory Steps towards MiCAR Application to ARTs and EMTs \[published\]](https://www.headlesslaw.com/mica/level-3/statements/eba-statement-timely-preparatory-steps-micar-arts-emts-2023-07.md) - [ESMA — Statement — Unauthorised CASPs and onboarding authorised CASPs \[published\]](https://www.headlesslaw.com/mica/level-3/statements/esma-mica-transitional-periods-statement-2026.md) - [EBA — Statement — Application of MiCAR to ARTs and EMTs \[published\]](https://www.headlesslaw.com/mica/level-3/statements/eba-statement-on-the-application-of-micar-to-arts-and-emts.md) - [EBA — Statement — Explainer: MiCAR Templates \[published\]](https://www.headlesslaw.com/mica/level-3/statements/explainer-micar-templates.md) - [Joint ESAs — Statement — Joint EBA/ESMA Factsheet: DeFi \[published\]](https://www.headlesslaw.com/mica/level-3/statements/joint-eba-and-esma-factsheet-on-decentralised-finance-defi.md) - [Joint ESAs — Statement — Joint EBA/ESMA: Crypto Lending/Staking \[published\]](https://www.headlesslaw.com/mica/level-3/statements/joint-eba-and-esma-factsheet-on-crypto-lending-borrowing-and-staking.md) - [ESMA — Statement — MiCA Data Standards and Format Requirements \[published\]](https://www.headlesslaw.com/mica/level-3/statements/statement-on-mica-data-standards-format-requirements.md) - [ESMA — List — MiCA Grandfathering Periods by Member State (Article 143(3)) \[published\]](https://www.headlesslaw.com/mica/level-3/statements/esma-list-of-mica-grandfathering-periods-art-143-3.md) - [ESMA — Statement — MiCA Transitional Measures \[published\]](https://www.headlesslaw.com/mica/level-3/statements/statement-on-mica-transitional-measures.md) - [EBA — Statement — Priorities 2026: ART/EMT Issuers \[published\]](https://www.headlesslaw.com/mica/level-3/statements/supervisory-priorities-2026-art-emt-issuers.md) - [EBA — Statement — Priorities: ART/EMT Issuers 2024 \[published\]](https://www.headlesslaw.com/mica/level-3/statements/priorities-for-the-supervision-of-for-art-and-emt-issuers.md) - [ESMA — Statement — Supervisory Briefing: CASP Authorisation \[published\]](https://www.headlesslaw.com/mica/level-3/statements/statement-casp-authorisation-supervisory-briefing.md) - [Decisions and templates](https://www.headlesslaw.com/mica/level-3/decisions-and-templates.md): Decisions and templates — MiCA (1 instrument). - [EBA — Decision — DC/558: Significance Procedure \[published\]](https://www.headlesslaw.com/mica/level-3/decisions-and-templates/decision-on-procedure-for-significance-assessment-micar.md) - [Reports and advice](https://www.headlesslaw.com/mica/level-3/reports-and-advice.md): Reports and advice — MiCA (6 instruments). - [ESMA75-113276571-1721 — Report — Response to the MiCA review consultation \[published\]](https://www.headlesslaw.com/mica/level-3/reports-and-advice/esma75-113276571-1721-response-to-ec-consultation-mica-review.md) - [FR07/2023 — Report — IOSCO DeFi Policy Recommendations \[published\]](https://www.headlesslaw.com/mica/level-3/reports-and-advice/final-report-with-policy-recommendations-for-decentralized-finance-defi.md) - [ESMA — Report — MFSA / Malta CASP authorisation file \[published\]](https://www.headlesslaw.com/mica/level-3/reports-and-advice/esma-malta-casp-authorisation-peer-review-2025.md) - [EBA — Advice — MiCAR Significance & Fees \[published\]](https://www.headlesslaw.com/mica/level-3/reports-and-advice/eba-advice-on-micar-cfa-on-significance-criteria-and-supervisory-fees.md) - [Joint ESAs — Report — Recent Developments in Crypto-Assets (Art. 142 MiCAR) \[published\]](https://www.headlesslaw.com/mica/level-3/reports-and-advice/joint-report-on-recent-developments-in-crypto-assets-art-142-micar.md) - [EBA — Report — Tokenised Deposits \[published\]](https://www.headlesslaw.com/mica/level-3/reports-and-advice/report-on-tokenised-deposits.md) - [Recommendations and codes](https://www.headlesslaw.com/mica/level-3/recommendations-and-codes.md): Recommendations and codes — MiCA (1 instrument). - [ESRB/2025/9 — Recommendation — Third-country multi-issuer stablecoin schemes \[final\]](https://www.headlesslaw.com/mica/level-3/recommendations-and-codes/esrb-2025-9-third-country-multi-issuer-stablecoin-schemes.md) - [Consultations](https://www.headlesslaw.com/mica/level-3/consultations.md): Consultations — MiCA (2 instruments). - [EBA/CP/2026/10 — Consultation — Consultation on Methodology for Setting Fines \[Closed\]](https://www.headlesslaw.com/mica/level-3/consultations/eba-fines-methodology.md) - [Commission — Consultation — Targeted MiCA Review Consultation \[closed\]](https://www.headlesslaw.com/mica/level-3/consultations/targeted-consultation-review-of-mica.md) - [Process](https://www.headlesslaw.com/mica/process.md): Process — MiCA (13 instruments). - [EBA/RTS/2024 — Report — Non-EU Currency Exchange \[final draft submitted\]](https://www.headlesslaw.com/mica/process/rts-on-the-use-of-arts-and-emts-denominated-in-a-non-eu-currency-as-a-means-of-exchange-micar.md) - [EBA/RTS/2024 — Report — Own Funds & Stress Testing \[final draft submitted\]](https://www.headlesslaw.com/mica/process/regulatory-technical-standards-to-specify-the-adjustment-of-own-funds-requirements-and-stress-testin.md) - [EBA/RTS/2024 — Report — Remuneration Policy Governance \[final draft submitted\]](https://www.headlesslaw.com/mica/process/rts-on-the-minimum-content-of-the-governance-arrangements-on-the-remuneration-policy-under-micar.md) - [EBA/RTS/2024 — Report — Own Funds Adjustment \[final draft submitted\]](https://www.headlesslaw.com/mica/process/rts-on-the-procedure-and-timeframe-to-adjust-own-funds-requirements-for-significant-issuers.md) - [EBA/RTS/2024 — Report — Crypto Exposure Values \[final draft submitted\]](https://www.headlesslaw.com/mica/process/regulatory-technical-standards-on-the-calculation-and-aggregation-of-crypto-exposure-values.md) - [EBA/RTS/2024/11 — Report — Highly Liquid Reserve Assets \[final draft submitted\]](https://www.headlesslaw.com/mica/process/rts-on-highly-liquid-financial-instruments-in-reserve-assets.md) - [EBA/RTS/2024/10 — Report — Reserve Asset Liquidity \[final draft submitted\]](https://www.headlesslaw.com/mica/process/rts-on-liquidity-requirements-of-reserve-of-assets.md) - [EBA/CP/2026/10 — Consultation — Consultation Paper on a Methodology for Setting Fines \[Closed\]](https://www.headlesslaw.com/mica/process/eba-cp-methodology-setting-fines-mica.md) - [EBA/RTS/2024 and EBA/ITS/2024 — Report — ART Authorisation Information \[adopted\]](https://www.headlesslaw.com/mica/process/ts-on-information-for-authorisation-as-issuers-of-arts-under-micar.md) - [ESMA75-453128700-949 — Report — Cooperation Information Exchange \[final draft submitted\]](https://www.headlesslaw.com/mica/process/final-report-on-the-technical-standards-specifying-requirements-for-cooperation-exchange-of-informa.md) - [ESMA18-72330276-1634 — Report — First Technical Standards Package \[final draft submitted\]](https://www.headlesslaw.com/mica/process/final-report-on-the-technical-standards-specifying-certain-requirements-of-mica-1st-package.md) - [ESMA75-453128700-1278 — Report — Market Abuse Detection \[final draft submitted\]](https://www.headlesslaw.com/mica/process/final-report-on-the-draft-technical-standards-specifying-certain-requirements-in-relation-to-the-det.md) - [ESMA75-453128700-1229 — Report — Second Technical Standards Package \[final draft submitted\]](https://www.headlesslaw.com/mica/process/final-report-on-the-technical-standards-specifying-certain-requirements-of-mica-2nd-package.md) ## ToFR - [ToFR](https://www.headlesslaw.com/tofr/readme.md) - [Recitals](https://www.headlesslaw.com/tofr/recitals.md) - [Chapters](https://www.headlesslaw.com/tofr/chapters.md): The 10 chapters of ToFR. - [Chapter I — Subject matter, scope and definitions](https://www.headlesslaw.com/tofr/chapters/i.md): Articles 1–3 of ToFR. - [Chapter II — Obligations on payment service providers](https://www.headlesslaw.com/tofr/chapters/ii.md): Articles 4–13 of ToFR. - [Chapter III — Obligations on crypto-asset service providers](https://www.headlesslaw.com/tofr/chapters/iii.md): Articles 14–22 of ToFR. - [Chapter IV — Common measures applicable by payment service providers and crypto-asset service providers](https://www.headlesslaw.com/tofr/chapters/iv.md): Article 23 of ToFR. - [Chapter V — Information, data protection and record-retention](https://www.headlesslaw.com/tofr/chapters/v.md): Articles 24–27 of ToFR. - [Chapter VI — Sanctions and monitoring](https://www.headlesslaw.com/tofr/chapters/vi.md): Articles 28–33 of ToFR. - [Chapter VII — Implementing powers](https://www.headlesslaw.com/tofr/chapters/vii.md): Article 34 of ToFR. - [Chapter VIII — Derogations](https://www.headlesslaw.com/tofr/chapters/viii.md): Article 35 of ToFR. - [Chapter IX — Other provisions](https://www.headlesslaw.com/tofr/chapters/ix.md): Articles 36–37 of ToFR. - [Chapter X — Final provisions](https://www.headlesslaw.com/tofr/chapters/x.md): Articles 38–40 of ToFR. - [Articles](https://www.headlesslaw.com/tofr/articles.md): All 40 articles of ToFR, one page each. - [Article 1 — Subject matter](https://www.headlesslaw.com/tofr/articles/1.md) - [Article 2 — Scope](https://www.headlesslaw.com/tofr/articles/2.md) - [Article 3 — Definitions](https://www.headlesslaw.com/tofr/articles/3.md) - [Article 4 — Information accompanying transfers of funds](https://www.headlesslaw.com/tofr/articles/4.md) - [Article 5 — Transfers of funds within the Union](https://www.headlesslaw.com/tofr/articles/5.md) - [Article 6 — Transfers of funds to outside the Union](https://www.headlesslaw.com/tofr/articles/6.md) - [Article 7 — Detection of missing information on the payer or the payee](https://www.headlesslaw.com/tofr/articles/7.md) - [Article 8 — Transfers of funds with missing or incomplete information on the payer or the payee](https://www.headlesslaw.com/tofr/articles/8.md) - [Article 9 — Assessment and reporting](https://www.headlesslaw.com/tofr/articles/9.md) - [Article 10 — Retention of information on the payer and the payee accompanying the transfer](https://www.headlesslaw.com/tofr/articles/10.md) - [Article 11 — Detection of missing information on the payer or the payee](https://www.headlesslaw.com/tofr/articles/11.md) - [Article 12 — Transfers of funds with missing information on the payer or the payee](https://www.headlesslaw.com/tofr/articles/12.md) - [Article 13 — Assessment and reporting](https://www.headlesslaw.com/tofr/articles/13.md) - [Article 14 — Information accompanying transfers of crypto-assets](https://www.headlesslaw.com/tofr/articles/14.md) - [Article 15 — Batch file transfers of crypto-assets](https://www.headlesslaw.com/tofr/articles/15.md) - [Article 16 — Detection of missing information on the originator or the beneficiary](https://www.headlesslaw.com/tofr/articles/16.md) - [Article 17 — Transfers of crypto-assets with missing or incomplete information on the originator or](https://www.headlesslaw.com/tofr/articles/17.md) - [Article 18 — Assessment and reporting](https://www.headlesslaw.com/tofr/articles/18.md) - [Article 19 — Retention of information on the originator and the beneficiary accompanying the transfe](https://www.headlesslaw.com/tofr/articles/19.md) - [Article 20 — Detection of missing information on the originator or the beneficiary](https://www.headlesslaw.com/tofr/articles/20.md) - [Article 21 — Transfers of crypto-assets with missing information on the originator or the beneficiar](https://www.headlesslaw.com/tofr/articles/21.md) - [Article 22 — Assessment and reporting](https://www.headlesslaw.com/tofr/articles/22.md) - [Article 23 — Internal policies, procedures and controls to ensure implementation of restrictive meas](https://www.headlesslaw.com/tofr/articles/23.md) - [Article 24 — Provision of information](https://www.headlesslaw.com/tofr/articles/24.md) - [Article 25 — Data protection](https://www.headlesslaw.com/tofr/articles/25.md) - [Article 26 — Record retention](https://www.headlesslaw.com/tofr/articles/26.md) - [Article 27 — Cooperation among competent authorities](https://www.headlesslaw.com/tofr/articles/27.md) - [Article 28 — Administrative sanctions and measures](https://www.headlesslaw.com/tofr/articles/28.md) - [Article 29 — Specific provisions](https://www.headlesslaw.com/tofr/articles/29.md) - [Article 30 — Publication of sanctions and measures](https://www.headlesslaw.com/tofr/articles/30.md) - [Article 31 — Application of sanctions and measures by competent authorities](https://www.headlesslaw.com/tofr/articles/31.md) - [Article 32 — Reporting of breaches](https://www.headlesslaw.com/tofr/articles/32.md) - [Article 33 — Monitoring](https://www.headlesslaw.com/tofr/articles/33.md) - [Article 34 — Committee procedure](https://www.headlesslaw.com/tofr/articles/34.md) - [Article 35 — Agreements with countries and territories which do not form part of the territory of th](https://www.headlesslaw.com/tofr/articles/35.md) - [Article 36 — Guidelines](https://www.headlesslaw.com/tofr/articles/36.md) - [Article 37 — Review](https://www.headlesslaw.com/tofr/articles/37.md) - [Article 38 — Amendments to Directive (EU) 2015/849](https://www.headlesslaw.com/tofr/articles/38.md) - [Article 39 — Repeal](https://www.headlesslaw.com/tofr/articles/39.md) - [Article 40 — Entry into force](https://www.headlesslaw.com/tofr/articles/40.md) - [Annexes](https://www.headlesslaw.com/tofr/annexes.md): The 2 annexes of ToFR. - [Annex I](https://www.headlesslaw.com/tofr/annexes/annex-i.md) - [Annex II](https://www.headlesslaw.com/tofr/annexes/annex-ii.md) - [Level 3](https://www.headlesslaw.com/tofr/level-3.md): Level 3 — Transfer of Funds Regulation (ToFR) (3 instruments). - [Guidelines](https://www.headlesslaw.com/tofr/level-3/guidelines.md): Guidelines — Transfer of Funds Regulation (ToFR) (3 instruments). - [EBA/GL/2023/07 — Guideline — Risk-based supervision (CASPs) \[final\]](https://www.headlesslaw.com/tofr/level-3/guidelines/guidelines-on-risk-based-supervision-of-casps.md) - [EBA/GL/2024/11 — Guideline — Travel Rule \[final\]](https://www.headlesslaw.com/tofr/level-3/guidelines/travel-rule-guidelines.md) - [EBA/GL/2024/15 — Guideline — Implementation of Union and national restrictive measures \[final\]](https://www.headlesslaw.com/tofr/level-3/guidelines/internal-policies-restrictive-measures-psps-casps.md) ## MiFID II - [MiFID II](https://www.headlesslaw.com/mifid-ii/readme.md) - [Titles](https://www.headlesslaw.com/mifid-ii/titles.md): The 7 titles of Directive 2014/65/EU (MiFID II). - [Title I — Scope and definitions](https://www.headlesslaw.com/mifid-ii/titles/i.md): Articles 1–4 of Directive 2014/65/EU (MiFID II). - [Title II — Authorisation and operating conditions for investment firms](https://www.headlesslaw.com/mifid-ii/titles/ii.md): Articles 5–43 of Directive 2014/65/EU (MiFID II). - [Title III — Regulated markets](https://www.headlesslaw.com/mifid-ii/titles/iii.md): Articles 44–56 of Directive 2014/65/EU (MiFID II). - [Title IV — Position limits and position management controls in commodity derivatives and reporting](https://www.headlesslaw.com/mifid-ii/titles/iv.md): Articles 57–58 of Directive 2014/65/EU (MiFID II). - [Title V — Data reporting services](https://www.headlesslaw.com/mifid-ii/titles/v.md): Articles 59–66 of Directive 2014/65/EU (MiFID II). - [Title VI — Competent authorities](https://www.headlesslaw.com/mifid-ii/titles/vi.md): Articles 67–88 of Directive 2014/65/EU (MiFID II). - [Title VII — Delegated acts](https://www.headlesslaw.com/mifid-ii/titles/vii.md): Articles 89–97 of Directive 2014/65/EU (MiFID II). - [Articles](https://www.headlesslaw.com/mifid-ii/articles.md): All 108 articles of Directive 2014/65/EU (MiFID II), one page each. - [Article 1 — Scope](https://www.headlesslaw.com/mifid-ii/articles/1.md) - [Article 2 — Exemptions](https://www.headlesslaw.com/mifid-ii/articles/2.md) - [Article 3 — Optional exemptions](https://www.headlesslaw.com/mifid-ii/articles/3.md) - [Article 4 — Definitions](https://www.headlesslaw.com/mifid-ii/articles/4.md) - [Article 5 — Requirement for authorisation](https://www.headlesslaw.com/mifid-ii/articles/5.md) - [Article 6 — Scope of authorisation](https://www.headlesslaw.com/mifid-ii/articles/6.md) - [Article 7 — Procedures for granting and refusing requests for authorisation](https://www.headlesslaw.com/mifid-ii/articles/7.md) - [Article 8 — Withdrawal of authorisations](https://www.headlesslaw.com/mifid-ii/articles/8.md) - [Article 9 — Management body](https://www.headlesslaw.com/mifid-ii/articles/9.md) - [Article 10 — Shareholders and members with qualifying holdings](https://www.headlesslaw.com/mifid-ii/articles/10.md) - [Article 11 — Notification of proposed acquisitions](https://www.headlesslaw.com/mifid-ii/articles/11.md) - [Article 12 — Assessment period](https://www.headlesslaw.com/mifid-ii/articles/12.md) - [Article 13 — Assessment](https://www.headlesslaw.com/mifid-ii/articles/13.md) - [Article 13a — Scope](https://www.headlesslaw.com/mifid-ii/articles/13a.md) - [Article 13b — Prevention of conflicts of interest](https://www.headlesslaw.com/mifid-ii/articles/13b.md) - [Article 13c — Conflicts of interests](https://www.headlesslaw.com/mifid-ii/articles/13c.md) - [Article 13d — General principles and information to customers](https://www.headlesslaw.com/mifid-ii/articles/13d.md) - [Article 13e — Exercise of the delegation](https://www.headlesslaw.com/mifid-ii/articles/13e.md) - [Article 14 — Membership of an authorised investor compensation scheme](https://www.headlesslaw.com/mifid-ii/articles/14.md) - [Article 15 — Initial capital endowment](https://www.headlesslaw.com/mifid-ii/articles/15.md) - [Article 16 — Organisational requirements](https://www.headlesslaw.com/mifid-ii/articles/16.md) - [Article 16a — Exemptions from product governance requirements](https://www.headlesslaw.com/mifid-ii/articles/16a.md) - [Article 17 — Algorithmic trading](https://www.headlesslaw.com/mifid-ii/articles/17.md) - [Article 18 — Trading process and finalisation of transactions in an MTF and an OTF](https://www.headlesslaw.com/mifid-ii/articles/18.md) - [Article 19 — Specific requirements for MTFs](https://www.headlesslaw.com/mifid-ii/articles/19.md) - [Article 20 — Specific requirements for OTFs](https://www.headlesslaw.com/mifid-ii/articles/20.md) - [Article 21 — Regular review of conditions for initial authorisation](https://www.headlesslaw.com/mifid-ii/articles/21.md) - [Article 22 — General obligation in respect of on-going supervision](https://www.headlesslaw.com/mifid-ii/articles/22.md) - [Article 23 — Conflicts of interest](https://www.headlesslaw.com/mifid-ii/articles/23.md) - [Article 24 — General principles and information to clients](https://www.headlesslaw.com/mifid-ii/articles/24.md) - [Article 25 — Assessment of suitability and appropriateness and reporting to clients](https://www.headlesslaw.com/mifid-ii/articles/25.md) - [Article 26 — Provision of services through the medium of another investment firm](https://www.headlesslaw.com/mifid-ii/articles/26.md) - [Article 27 — Obligation to execute orders on terms most favourable to the client](https://www.headlesslaw.com/mifid-ii/articles/27.md) - [Article 28 — Client order handling rules](https://www.headlesslaw.com/mifid-ii/articles/28.md) - [Article 29 — Obligations of investment firms when appointing tied agents](https://www.headlesslaw.com/mifid-ii/articles/29.md) - [Article 29a — Services provided to professional clients](https://www.headlesslaw.com/mifid-ii/articles/29a.md) - [Article 30 — Transactions executed with eligible counterparties](https://www.headlesslaw.com/mifid-ii/articles/30.md) - [Article 31 — Monitoring of compliance with the rules of the MTF or the OTF and with other legal obligations](https://www.headlesslaw.com/mifid-ii/articles/31.md) - [Article 32 — Suspension and removal of financial instruments from trading on an MTF or an OTF](https://www.headlesslaw.com/mifid-ii/articles/32.md) - [Article 33 — SME growth markets](https://www.headlesslaw.com/mifid-ii/articles/33.md) - [Article 34 — Freedom to provide investment services and activities](https://www.headlesslaw.com/mifid-ii/articles/34.md) - [Article 35 — Establishment of a branch](https://www.headlesslaw.com/mifid-ii/articles/35.md) - [Article 36 — Access to regulated markets](https://www.headlesslaw.com/mifid-ii/articles/36.md) - [Article 37 — Access to CCP, clearing and settlement facilities and right to designate settlement system](https://www.headlesslaw.com/mifid-ii/articles/37.md) - [Article 38 — Provisions regarding CCPs, clearing and settlement arrangements in respect of MTFs](https://www.headlesslaw.com/mifid-ii/articles/38.md) - [Article 39 — Establishment of a branch](https://www.headlesslaw.com/mifid-ii/articles/39.md) - [Article 40 — Obligation to provide information](https://www.headlesslaw.com/mifid-ii/articles/40.md) - [Article 41 — Granting of the authorisation](https://www.headlesslaw.com/mifid-ii/articles/41.md) - [Article 42 — Provision of services at the exclusive initiative of the client](https://www.headlesslaw.com/mifid-ii/articles/42.md) - [Article 43 — Withdrawal of authorisations](https://www.headlesslaw.com/mifid-ii/articles/43.md) - [Article 44 — Authorisation and applicable law](https://www.headlesslaw.com/mifid-ii/articles/44.md) - [Article 45 — Requirements for the management body of a market operator](https://www.headlesslaw.com/mifid-ii/articles/45.md) - [Article 46 — Requirements relating to persons exercising significant influence over the management of the regulated market](https://www.headlesslaw.com/mifid-ii/articles/46.md) - [Article 47 — Organisational requirements](https://www.headlesslaw.com/mifid-ii/articles/47.md) - [Article 48 — Systems resilience, circuit breakers and electronic trading](https://www.headlesslaw.com/mifid-ii/articles/48.md) - [Article 49 — Tick sizes](https://www.headlesslaw.com/mifid-ii/articles/49.md) - [Article 50 — Synchronisation of business clocks](https://www.headlesslaw.com/mifid-ii/articles/50.md) - [Article 51 — Admission of financial instruments to trading](https://www.headlesslaw.com/mifid-ii/articles/51.md) - [Article 51a — Specific conditions for the admission of shares to trading](https://www.headlesslaw.com/mifid-ii/articles/51a.md) - [Article 52 — Suspension and removal of financial instruments from trading on a regulated market](https://www.headlesslaw.com/mifid-ii/articles/52.md) - [Article 53 — Access to a regulated market](https://www.headlesslaw.com/mifid-ii/articles/53.md) - [Article 54 — Monitoring of compliance with the rules of the regulated market and with other legal obligations](https://www.headlesslaw.com/mifid-ii/articles/54.md) - [Article 55 — Provisions regarding CCP and clearing and settlement arrangements](https://www.headlesslaw.com/mifid-ii/articles/55.md) - [Article 56 — List of regulated markets](https://www.headlesslaw.com/mifid-ii/articles/56.md) - [Article 57 — Position limits in commodity derivatives and position management controls in commodity derivatives and derivatives of emission allowances](https://www.headlesslaw.com/mifid-ii/articles/57.md) - [Article 58 — Position reporting by categories of position holders](https://www.headlesslaw.com/mifid-ii/articles/58.md) - [Article 59 — Requirement for authorisation](https://www.headlesslaw.com/mifid-ii/articles/59.md) - [Article 60 — Scope of authorisation](https://www.headlesslaw.com/mifid-ii/articles/60.md) - [Article 61 — Procedures for granting and refusing requests for authorisation](https://www.headlesslaw.com/mifid-ii/articles/61.md) - [Article 62 — Withdrawal of authorisations](https://www.headlesslaw.com/mifid-ii/articles/62.md) - [Article 63 — Requirements for the management body of a data reporting services provider](https://www.headlesslaw.com/mifid-ii/articles/63.md) - [Article 64 — Organisational requirements](https://www.headlesslaw.com/mifid-ii/articles/64.md) - [Article 65 — Organisational requirements](https://www.headlesslaw.com/mifid-ii/articles/65.md) - [Article 66 — Organisational requirements](https://www.headlesslaw.com/mifid-ii/articles/66.md) - [Article 67 — Designation of competent authorities](https://www.headlesslaw.com/mifid-ii/articles/67.md) - [Article 68 — Cooperation between authorities in the same Member State](https://www.headlesslaw.com/mifid-ii/articles/68.md) - [Article 69 — Supervisory powers](https://www.headlesslaw.com/mifid-ii/articles/69.md) - [Article 70 — Sanctions for infringements](https://www.headlesslaw.com/mifid-ii/articles/70.md) - [Article 71 — Publication of decisions](https://www.headlesslaw.com/mifid-ii/articles/71.md) - [Article 72 — Exercise of supervisory powers and powers to impose sanctions](https://www.headlesslaw.com/mifid-ii/articles/72.md) - [Article 73 — Reporting of infringements](https://www.headlesslaw.com/mifid-ii/articles/73.md) - [Article 74 — Right of appeal](https://www.headlesslaw.com/mifid-ii/articles/74.md) - [Article 75 — Extra-judicial mechanism for consumers complaints](https://www.headlesslaw.com/mifid-ii/articles/75.md) - [Article 76 — Professional secrecy](https://www.headlesslaw.com/mifid-ii/articles/76.md) - [Article 77 — Relations with auditors](https://www.headlesslaw.com/mifid-ii/articles/77.md) - [Article 78 — Data protection](https://www.headlesslaw.com/mifid-ii/articles/78.md) - [Article 79 — Obligation to cooperate](https://www.headlesslaw.com/mifid-ii/articles/79.md) - [Article 80 — Cooperation between competent authorities in supervisory activities, for on-site verifications or investigations](https://www.headlesslaw.com/mifid-ii/articles/80.md) - [Article 81 — Exchange of information](https://www.headlesslaw.com/mifid-ii/articles/81.md) - [Article 82 — Binding mediation](https://www.headlesslaw.com/mifid-ii/articles/82.md) - [Article 83 — Refusal to cooperate](https://www.headlesslaw.com/mifid-ii/articles/83.md) - [Article 84 — Consultation prior to authorisation](https://www.headlesslaw.com/mifid-ii/articles/84.md) - [Article 85 — Powers for host Member States](https://www.headlesslaw.com/mifid-ii/articles/85.md) - [Article 86 — Precautionary measures to be taken by host Member States](https://www.headlesslaw.com/mifid-ii/articles/86.md) - [Article 87 — Cooperation and exchange of information with ESMA](https://www.headlesslaw.com/mifid-ii/articles/87.md) - [Article 87a — Accessibility of information on the European single access point](https://www.headlesslaw.com/mifid-ii/articles/87a.md) - [Article 88 — Exchange of information with third countries](https://www.headlesslaw.com/mifid-ii/articles/88.md) - [Article 89 — Exercise of the delegation](https://www.headlesslaw.com/mifid-ii/articles/89.md) - [Article 89a — Committee procedure](https://www.headlesslaw.com/mifid-ii/articles/89a.md) - [Article 90 — Reports and review](https://www.headlesslaw.com/mifid-ii/articles/90.md) - [Article 91 — Amendments to Directive 2002/92/EC](https://www.headlesslaw.com/mifid-ii/articles/91.md) - [Article 92 — Amendments to Directive 2011/61/EU](https://www.headlesslaw.com/mifid-ii/articles/92.md) - [Article 93 — Transposition](https://www.headlesslaw.com/mifid-ii/articles/93.md) - [Article 94 — Repeal](https://www.headlesslaw.com/mifid-ii/articles/94.md) - [Article 95 — Transitional provisions](https://www.headlesslaw.com/mifid-ii/articles/95.md) - [Article 95a — Transitional provision on the authorisation of credit institution referred to in point (1)(b) of Article 4(1) of Regulation (EU) No 575/2013](https://www.headlesslaw.com/mifid-ii/articles/95a.md) - [Article 96 — Entry into force](https://www.headlesslaw.com/mifid-ii/articles/96.md) - [Article 97 — Addressees](https://www.headlesslaw.com/mifid-ii/articles/97.md) - [Annexes](https://www.headlesslaw.com/mifid-ii/annexes.md): The 4 annexes of Directive 2014/65/EU (MiFID II). - [Annex I](https://www.headlesslaw.com/mifid-ii/annexes/annex-i.md) - [Annex II](https://www.headlesslaw.com/mifid-ii/annexes/annex-ii.md) - [Annex III](https://www.headlesslaw.com/mifid-ii/annexes/annex-iii.md) - [Annex IV](https://www.headlesslaw.com/mifid-ii/annexes/annex-iv.md) - [Level 2](https://www.headlesslaw.com/mifid-ii/level-2.md): Level 2 — MiFID II (58 instruments). - [Delegated acts](https://www.headlesslaw.com/mifid-ii/level-2/delegated-acts.md): Delegated acts — MiFID II (11 instruments). - [2017/565 — Delegated act — Organisational requirements and operating conditions \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/delegated-acts/2017-565-organisational-requirements-and-operating-conditions-for.md) - [2017/593 — Delegated act — Safeguarding of financial instruments and funds \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/delegated-acts/2017-593-safeguarding-of-financial-instruments-and-funds-belonging.md) - [2017/2294 — Delegated act — Amending 2017/565 as regards systematic internalisers \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/delegated-acts/2017-2294-amending-the-specification-of-the-definition-of.md) - [2019/443 — Delegated act — Amending 2017/588 as regards the average daily number \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/delegated-acts/2019-443-amending-the-possibility-to-adjust-the-average-daily.md) - [2019/1011 — Delegated act — Amending 2017/565 as regards SME growth markets \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/delegated-acts/2019-1011-amending-commission-delegated-regulation-eu-2017-565-as.md) - [2021/527 — Delegated act — Amending 2017/565 as regards weekly position reporting \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/delegated-acts/2021-527-commission-delegated-regulation-eu-2021-527-of-15.md) - [2021/1253 — Delegated act — Amending 2017/565 as regards sustainability factors \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/delegated-acts/2021-1253-commission-delegated-regulation-eu-2021-1253-of-21-april.md) - [2021/1254 — Delegated act — Correcting 2017/565 \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/delegated-acts/2021-1254-commission-delegated-regulation-eu-2021-1254-of-21-april.md) - [2021/1269 — Delegated act — Amending 2017/593 as regards sustainability factors \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/delegated-acts/2021-1269-commission-delegated-directive-eu-2021-1269-of-21-april.md) - [2021/1833 — Delegated act — When an activity is ancillary to the main business \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/delegated-acts/2021-1833-commission-delegated-regulation-eu-2021-1833-of-14-july.md) - [2026/374 — Delegated act — Amending 2017/593 as regards third-party execution \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/delegated-acts/2026-374-commission-delegated-directive-eu-2026-374-of-20-february.md) - [Regulatory technical standards (RTS)](https://www.headlesslaw.com/mifid-ii/level-2/rts.md): Regulatory technical standards (RTS) — MiFID II (27 instruments). - [2017/566 — RTS — Ratio of unexecuted orders to transactions \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-566-the-ratio-of-unexecuted-orders-to-transactions-in-order-to.md) - [2017/568 — RTS — Admission of financial instruments to trading on regulated markets \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-568-the-admission-of-financial-instruments-to-trading-on.md) - [2017/569 — RTS — Suspension and removal of financial instruments from trading \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-569-the-suspension-and-removal-of-financial-instruments-from.md) - [2017/570 — RTS — Determination of a material market in terms of liquidity \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-570-the-determination-of-a-material-market-in-terms-of.md) - [2017/571 — RTS — Authorisation of data reporting services providers \[no longer in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-571-the-authorisation-organisational-requirements-and-the.md) - [2017/573 — RTS — Fair and non-discriminatory co-location services and fee structures \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-573-requirements-to-ensure-fair-and-non-discriminatory.md) - [2017/574 — RTS — Level of accuracy of business clocks \[no longer in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-574-the-level-of-accuracy-of-business-clocks.md) - [2017/575 — RTS — Data to be published by execution venues on quality of execution \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-575-regulatory-technical-standards-concerning-the-data-to-be.md) - [2017/576 — RTS — Annual publication on the identity of execution venues \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-576-the-annual-publication-by-investment-firms-of-information.md) - [2017/578 — RTS — Requirements on market making agreements and schemes \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-578-the-requirements-on-market-making-agreements-and-schemes.md) - [2017/584 — RTS — Organisational requirements of trading venues \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-584-organisational-requirements-of-trading-venues.md) - [2017/586 — RTS — Exchange of information between competent authorities \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-586-the-exchange-of-information-between-competent-authorities.md) - [2017/588 — RTS — Tick size regime \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-588-the-tick-size-regime-for-shares-depositary-receipts-and.md) - [2017/589 — RTS — Investment firms engaged in algorithmic trading \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-589-the-organisational-requirements-of-investment-firms-engaged.md) - [2017/591 — RTS — Application of position limits to commodity derivatives \[no longer in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-591-the-application-of-position-limits-to-commodity-derivatives.md) - [2017/592 — RTS — When an activity is ancillary to the main business \[no longer in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-592-the-criteria-to-establish-when-an-activity-is-considered-to.md) - [2017/1018 — RTS — Information to be notified \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-1018-information-to-be-notified-by-investment-firms-market.md) - [2017/1943 — RTS — Authorisation of investment firms \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-1943-information-and-requirements-for-the-authorisation-of.md) - [2017/1946 — RTS — Information to be included by proposed acquirers \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-1946-an-exhaustive-list-of-information-to-be-included-by.md) - [2018/63 — RTS — Authorisation of data reporting services providers \[no longer in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2018-63-amending-the-authorisation-organisational-requirements.md) - [2022/1299 — RTS — Content of position management controls by trading venues \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2022-1299-commission-delegated-regulation-eu-2022-1299-of-24-march.md) - [2022/1302 — RTS — Application of position limits to commodity derivatives \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2022-1302-commission-delegated-regulation-eu-2022-1302-of-20-april.md) - [2022/2402 — RTS — Correcting certain language versions of 2017/1018 \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2022-2402-commission-delegated-regulation-eu-2022-2402-of-16-august.md) - [2023/960 — RTS — Amending 2017/588 as regards the annual application date \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2023-960-commission-delegated-regulation-eu-2023-960-of-1-february.md) - [2026/136 — RTS — Correcting the Swedish language version of 2022/1302 \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2026-136-commission-delegated-regulation-eu-2026-136-of-8-october.md) - [2026/825 — RTS — Effectiveness of order execution policies of investment firms \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2026-825-effectiveness-of-order-execution-policies-of-investment-firms.md) - [2026/1092 — RTS — EU code of conduct for issuer-sponsored research \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/rts/2026-1092-eu-code-of-conduct-for-issuer-sponsored-research.md) - [Implementing technical standards (ITS)](https://www.headlesslaw.com/mifid-ii/level-2/its.md): Implementing technical standards (ITS) — MiFID II (15 instruments). - [2016/824 — ITS — Description of the functioning of multilateral trading facilities \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the.md) - [2017/953 — ITS — Format and the timing of position reports by investment firms \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/its/2017-953-the-format-and-the-timing-of-position-reports-by-investment.md) - [2017/980 — ITS — Standard forms for cooperation in supervisory activities \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/its/2017-980-standard-forms-templates-and-procedures-for-cooperation-in.md) - [2017/981 — ITS — Standard forms for the consultation of other competent authorities \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/its/2017-981-standard-forms-templates-and-procedures-for-the.md) - [2017/988 — ITS — Standard forms for cooperation arrangements \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/its/2017-988-standard-forms-templates-and-procedures-for-cooperation.md) - [2017/1005 — ITS — Format and timing of the communications \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/its/2017-1005-the-format-and-timing-of-the-communications-and-the.md) - [2017/1093 — ITS — Format of position reports \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/its/2017-1093-the-format-of-position-reports-by-investment-firms-and.md) - [2017/1110 — ITS — Forms for data reporting services providers \[no longer in force\]](https://www.headlesslaw.com/mifid-ii/level-2/its/2017-1110-the-standard-forms-templates-and-procedures-for-the.md) - [2017/1111 — ITS — Forms for submitting information on sanctions and measures \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/its/2017-1111-procedures-and-forms-for-submitting-information-on.md) - [2017/1944 — ITS — Standard forms for the consultation process \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/its/2017-1944-standard-forms-templates-and-procedures-for-the.md) - [2017/1945 — ITS — Notifications by and to applicant and authorised investment firms \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/its/2017-1945-notifications-by-and-to-applicant-and-authorised-investment.md) - [2017/2382 — ITS — Standard forms for the transmission of information \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/its/2017-2382-standard-forms-templates-and-procedures-for-the.md) - [2022/1220 — ITS — Format in which branches of third-country firms have to report \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/its/2022-1220-commission-implementing-regulation-eu-2022-1220-of-14.md) - [2022/1300 — ITS — Format of position reports \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/its/2022-1300-commission-implementing-regulation-eu-2022-1300-of-24.md) - [2022/1407 — ITS — Correcting certain language versions \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/its/2022-1407-commission-implementing-regulation-eu-2022-1407-of-16.md) - [Implementing acts](https://www.headlesslaw.com/mifid-ii/level-2/implementing-acts.md): Implementing acts — MiFID II (5 instruments). - [2017/2318 — Decision — Equivalence of legal and supervisory framework in Australia \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/implementing-acts/2017-2318-third-country-equivalence-australia-applicable-to.md) - [2017/2319 — Decision — Equivalence: recognised exchange companies in Hong Kong \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/implementing-acts/2017-2319-third-country-equivalence-recognised-exchange-companies.md) - [2017/2320 — Decision — Equivalence: the United States of America \[in force\]](https://www.headlesslaw.com/mifid-ii/level-2/implementing-acts/2017-2320-third-country-equivalence-the-united-states-of-america.md) - [2017/2441 — Decision — Equivalence: stock exchanges in Switzerland \[no longer in force\]](https://www.headlesslaw.com/mifid-ii/level-2/implementing-acts/2017-2441-third-country-equivalence-stock-exchanges-in-switzerland.md) - [2018/2047 — Decision — Equivalence: stock exchanges in Switzerland \[no longer in force\]](https://www.headlesslaw.com/mifid-ii/level-2/implementing-acts/2018-2047-third-country-equivalence-stock-exchanges-in-switzerland.md) - [Level 3](https://www.headlesslaw.com/mifid-ii/level-3.md): Level 3 — MiFID II (187 instruments). - [Guidelines](https://www.headlesslaw.com/mifid-ii/level-3/guidelines.md): Guidelines — MiFID II (12 instruments). - [ESMA35-36-1952 — Guideline — MiFID II compliance function requirements \[final\]](https://www.headlesslaw.com/mifid-ii/level-3/guidelines/esma35-36-1952-compliance.md) - [ESMA35-36-2319 — Guideline — Suitability of management body and key function holders \[final\]](https://www.headlesslaw.com/mifid-ii/level-3/guidelines/esma35-36-2319-joint-suitability-mgmt-body.md) - [ESMA35-43-1957 — Guideline — Complex debt instruments and structured deposits \[final\]](https://www.headlesslaw.com/mifid-ii/level-3/guidelines/esma35-43-1957-complex-debt.md) - [ESMA35-43-1968 — Guideline — Cross-selling practices under MiFID II \[final\]](https://www.headlesslaw.com/mifid-ii/level-3/guidelines/esma35-43-1968-cross-selling.md) - [ESMA35-43-2183 — Guideline — Assessment of knowledge and competence (MiFID II) \[final\]](https://www.headlesslaw.com/mifid-ii/level-3/guidelines/esma35-43-2183-knowledge-competence.md) - [ESMA35-43-3006 — Guideline — MiFID II appropriateness and execution-only requirements \[final\]](https://www.headlesslaw.com/mifid-ii/level-3/guidelines/esma35-43-3006-appropriateness.md) - [ESMA35-43-3172 — Guideline — MiFID II suitability requirements (revised) \[final\]](https://www.headlesslaw.com/mifid-ii/level-3/guidelines/esma35-43-3172-suitability.md) - [ESMA35-43-3448 — Guideline — MiFID II product governance requirements (revised) \[final\]](https://www.headlesslaw.com/mifid-ii/level-3/guidelines/esma35-43-3448-product-governance.md) - [ESMA35-43-3565 — Guideline — Certain aspects of the MiFID II remuneration requirements \[final\]](https://www.headlesslaw.com/mifid-ii/level-3/guidelines/esma35-43-3565-remuneration.md) - [ESMA70-154-271 — Guideline — Management body of market operators and DRSPs \[final\]](https://www.headlesslaw.com/mifid-ii/level-3/guidelines/esma70-154-271-market-operators-drsps.md) - [ESMA70-156-869 — Guideline — Application of C6 and C7 of Annex 1 of MiFID II \[final\]](https://www.headlesslaw.com/mifid-ii/level-3/guidelines/esma70-156-869-c6-c7-annex-1.md) - [ESMA70-872942901-63 — Guideline — Calibration of circuit breakers and trading halts \[final\]](https://www.headlesslaw.com/mifid-ii/level-3/guidelines/esma70-872942901-63-trading-halts.md) - [Q\&A](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a.md): Q\&A — MiFID II (175 instruments). - [ESMA](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma.md): ESMA — MiFID II (175 instruments). - [07\_320 — Q\&A — Best Execution (MiFID) \[in force\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-07-320-best-execution.md) - [09\_559 — Q\&A — MiFID complex and non-complex financial instruments (appropriateness) \[in force\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-09-559-complex-non-complex.md) - [ESMA Q\&A 847 — Q\&A — Interpretation of emission allowances under C(4) \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-847-interpretation-of-emission-allowances-under-c-4.md) - [ESMA Q\&A 900 — Q\&A — MiFID II Q\&A on the Ancillary Activity Exemption \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-900-mifid-ii-q-a-on-the-ancillary-activity-exemption.md) - [ESMA Q\&A 973 — Q\&A — Classification of NON EU instruments in RTS28 report \[Question Rejected\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-973-classification-of-non-eu-instruments-in-rts28-report.md) - [ESMA Q\&A 1016 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1016-best-execution.md) - [ESMA Q\&A 1017 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1017-best-execution.md) - [ESMA Q\&A 1018 — Q\&A — Best execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1018-best-execution.md) - [ESMA Q\&A 1034 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1034-best-execution.md) - [ESMA Q\&A 1035 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1035-best-execution.md) - [ESMA Q\&A 1036 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1036-best-execution.md) - [ESMA Q\&A 1037 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1037-best-execution.md) - [ESMA Q\&A 1038 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1038-best-execution.md) - [ESMA Q\&A 1039 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1039-best-execution.md) - [ESMA Q\&A 1046 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1046-best-execution.md) - [ESMA Q\&A 1053 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1053-best-execution.md) - [ESMA Q\&A 1054 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1054-best-execution.md) - [ESMA Q\&A 1055 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1055-best-execution.md) - [ESMA Q\&A 1056 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1056-best-execution.md) - [ESMA Q\&A 1057 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1057-best-execution.md) - [ESMA Q\&A 1058 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1058-best-execution.md) - [ESMA Q\&A 1059 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1059-best-execution.md) - [ESMA Q\&A 1060 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1060-best-execution.md) - [ESMA Q\&A 1064 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1064-best-execution.md) - [ESMA Q\&A 1065 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1065-best-execution.md) - [ESMA Q\&A 1066 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1066-best-execution.md) - [ESMA Q\&A 1067 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1067-best-execution.md) - [ESMA Q\&A 1068 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1068-best-execution.md) - [ESMA Q\&A 1118 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1118-information-on-cost-and-charges.md) - [ESMA Q\&A 1119 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1119-information-on-cost-and-charges.md) - [ESMA Q\&A 1120 — Q\&A — Inducements \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1120-inducements.md) - [ESMA Q\&A 1121 — Q\&A — Inducements \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1121-inducements.md) - [ESMA Q\&A 1122 — Q\&A — Product governance \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1122-product-governance.md) - [ESMA Q\&A 1123 — Q\&A — Product governance \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1123-product-governance.md) - [ESMA Q\&A 1124 — Q\&A — Product governance \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1124-product-governance.md) - [ESMA Q\&A 1125 — Q\&A — Product governance \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1125-product-governance.md) - [ESMA Q\&A 1126 — Q\&A — Product governance \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1126-product-governance.md) - [ESMA Q\&A 1128 — Q\&A — MiFID practices for firms selling financial \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1128-mifid-practices-for-firms-selling-financial-instruments.md) - [ESMA Q\&A 1129 — Q\&A — MiFID practices for firms selling financial \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1129-mifid-practices-for-firms-selling-financial-instruments.md) - [ESMA Q\&A 1130 — Q\&A — MiFID practices for firms selling financial \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1130-mifid-practices-for-firms-selling-financial-instruments.md) - [ESMA Q\&A 1131 — Q\&A — MiFID practices for firms selling financial \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1131-mifid-practices-for-firms-selling-financial-instruments.md) - [ESMA Q\&A 1132 — Q\&A — MiFID practices for firms selling financial \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1132-mifid-practices-for-firms-selling-financial-instruments.md) - [ESMA Q\&A 1133 — Q\&A — MiFID practices for firms selling financial \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1133-mifid-practices-for-firms-selling-financial-instruments.md) - [ESMA Q\&A 1216 — Q\&A — Correct classification of Investment Services \[Question Rejected\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1216-correct-classification-of-investment-services-and.md) - [ESMA Q\&A 1289 — Q\&A — Criteria privileged transactions exemption \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1289-criteria-privileged-transactions-exemption.md) - [ESMA Q\&A 1311 — Q\&A — Calculation of denominator \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1311-calculation-of-denominator.md) - [ESMA Q\&A 1317 — Q\&A — Scope of the ancillary activity test \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1317-scope-of-the-ancillary-activity-test.md) - [ESMA Q\&A 1492 — Q\&A — Direct Electronic Access (DEA) and algorithmic trading \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1492-direct-electronic-access-dea-and-algorithmic-trading.md) - [ESMA Q\&A 1500 — Q\&A — Multilateral and bilateral systems - Systematic \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1500-multilateral-and-bilateral-systems-systematic-internalisers.md) - [ESMA Q\&A 1527 — Q\&A — Position reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1527-position-reporting.md) - [ESMA Q\&A 1533 — Q\&A — Position reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1533-position-reporting.md) - [ESMA Q\&A 1543 — Q\&A — Position reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1543-position-reporting.md) - [ESMA Q\&A 1544 — Q\&A — Position reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1544-position-reporting.md) - [ESMA Q\&A 1546 — Q\&A — Third country issues \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1546-third-country-issues.md) - [ESMA Q\&A 1669 — Q\&A — LEI of the issuer \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1669-lei-of-the-issuer.md) - [ESMA Q\&A 1670 — Q\&A — LEI of the issuer \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1670-lei-of-the-issuer.md) - [ESMA Q\&A 1757 — Q\&A — Suitability and appropriateness \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1757-suitability-and-appropriateness.md) - [ESMA Q\&A 1759 — Q\&A — Suitability and appropriateness \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1759-suitability-and-appropriateness.md) - [ESMA Q\&A 1760 — Q\&A — Suitability and appropriateness \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1760-suitability-and-appropriateness.md) - [ESMA Q\&A 1761 — Q\&A — Suitability and appropriateness \[Published Answer Updated\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1761-suitability-and-appropriateness.md) - [ESMA Q\&A 1762 — Q\&A — Suitability and appropriateness \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1762-suitability-and-appropriateness.md) - [ESMA Q\&A 1763 — Q\&A — Suitability and appropriateness \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1763-suitability-and-appropriateness.md) - [ESMA Q\&A 1764 — Q\&A — Suitability and appropriateness \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1764-suitability-and-appropriateness.md) - [ESMA Q\&A 1766 — Q\&A — Recording of telephone conversations and electronic \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1766-recording-of-telephone-conversations-and-electronic.md) - [ESMA Q\&A 1767 — Q\&A — Recording of telephone conversations and electronic \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1767-recording-of-telephone-conversations-and-electronic.md) - [ESMA Q\&A 1779 — Q\&A — Recording of telephone conversations and electronic \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1779-recording-of-telephone-conversations-and-electronic.md) - [ESMA Q\&A 1780 — Q\&A — Record keeping \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1780-record-keeping.md) - [ESMA Q\&A 1786 — Q\&A — Underwriting and placing \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1786-underwriting-and-placing.md) - [ESMA Q\&A 1787 — Q\&A — Underwriting and placing \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1787-underwriting-and-placing.md) - [ESMA Q\&A 1788 — Q\&A — Underwriting and placing \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1788-underwriting-and-placing.md) - [ESMA Q\&A 1789 — Q\&A — Inducements \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1789-inducements.md) - [ESMA Q\&A 1790 — Q\&A — Inducements \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1790-inducements.md) - [ESMA Q\&A 1791 — Q\&A — Inducements \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1791-inducements.md) - [ESMA Q\&A 1792 — Q\&A — Inducements \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1792-inducements.md) - [ESMA Q\&A 1793 — Q\&A — Inducements \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1793-inducements.md) - [ESMA Q\&A 1794 — Q\&A — Inducements \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1794-inducements.md) - [ESMA Q\&A 1795 — Q\&A — Inducements \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1795-inducements.md) - [ESMA Q\&A 1796 — Q\&A — Inducements \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1796-inducements.md) - [ESMA Q\&A 1797 — Q\&A — Inducements \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1797-inducements.md) - [ESMA Q\&A 1798 — Q\&A — Inducements \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1798-inducements.md) - [ESMA Q\&A 1799 — Q\&A — Inducements \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1799-inducements.md) - [ESMA Q\&A 1800 — Q\&A — Inducements \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1800-inducements.md) - [ESMA Q\&A 1801 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1801-post-sale-reporting.md) - [ESMA Q\&A 1802 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1802-post-sale-reporting.md) - [ESMA Q\&A 1803 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1803-post-sale-reporting.md) - [ESMA Q\&A 1804 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1804-post-sale-reporting.md) - [ESMA Q\&A 1805 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1805-post-sale-reporting.md) - [ESMA Q\&A 1806 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1806-post-sale-reporting.md) - [ESMA Q\&A 1807 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1807-post-sale-reporting.md) - [ESMA Q\&A 1808 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1808-post-sale-reporting.md) - [ESMA Q\&A 1809 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1809-post-sale-reporting.md) - [ESMA Q\&A 1810 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1810-post-sale-reporting.md) - [ESMA Q\&A 1811 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1811-post-sale-reporting.md) - [ESMA Q\&A 1812 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1812-post-sale-reporting.md) - [ESMA Q\&A 1814 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1814-post-sale-reporting.md) - [ESMA Q\&A 1816 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1816-post-sale-reporting.md) - [ESMA Q\&A 1817 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1817-post-sale-reporting.md) - [ESMA Q\&A 1818 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1818-post-sale-reporting.md) - [ESMA Q\&A 1819 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1819-post-sale-reporting.md) - [ESMA Q\&A 1820 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1820-post-sale-reporting.md) - [ESMA Q\&A 1821 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1821-post-sale-reporting.md) - [ESMA Q\&A 1823 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1823-information-on-cost-and-charges.md) - [ESMA Q\&A 1824 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1824-information-on-cost-and-charges.md) - [ESMA Q\&A 1825 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1825-information-on-cost-and-charges.md) - [ESMA Q\&A 1826 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1826-information-on-cost-and-charges.md) - [ESMA Q\&A 1827 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1827-information-on-cost-and-charges.md) - [ESMA Q\&A 1828 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1828-information-on-cost-and-charges.md) - [ESMA Q\&A 1829 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1829-information-on-cost-and-charges.md) - [ESMA Q\&A 1830 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1830-information-on-cost-and-charges.md) - [ESMA Q\&A 1831 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1831-information-on-cost-and-charges.md) - [ESMA Q\&A 1832 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1832-information-on-cost-and-charges.md) - [ESMA Q\&A 1833 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1833-information-on-cost-and-charges.md) - [ESMA Q\&A 1834 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1834-information-on-cost-and-charges.md) - [ESMA Q\&A 1835 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1835-information-on-cost-and-charges.md) - [ESMA Q\&A 1836 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1836-information-on-cost-and-charges.md) - [ESMA Q\&A 1837 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1837-information-on-cost-and-charges.md) - [ESMA Q\&A 1838 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1838-information-on-cost-and-charges.md) - [ESMA Q\&A 1839 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1839-information-on-cost-and-charges.md) - [ESMA Q\&A 1841 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1841-information-on-cost-and-charges.md) - [ESMA Q\&A 1842 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1842-information-on-cost-and-charges.md) - [ESMA Q\&A 1843 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1843-information-on-cost-and-charges.md) - [ESMA Q\&A 1844 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1844-information-on-cost-and-charges.md) - [ESMA Q\&A 1845 — Q\&A — Information on cost and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1845-information-on-cost-and-charges.md) - [ESMA Q\&A 1846 — Q\&A — Appropriateness Complex Financial Instruments \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1846-appropriateness-complex-financial-instruments.md) - [ESMA Q\&A 1847 — Q\&A — Client categorisation \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1847-client-categorisation.md) - [ESMA Q\&A 1848 — Q\&A — Client categorisation \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1848-client-categorisation.md) - [ESMA Q\&A 1849 — Q\&A — Client categorisation \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1849-client-categorisation.md) - [ESMA Q\&A 1850 — Q\&A — Client categorisation \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1850-client-categorisation.md) - [ESMA Q\&A 1851 — Q\&A — Client categorisation \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1851-client-categorisation.md) - [ESMA Q\&A 1852 — Q\&A — Client categorisation \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1852-client-categorisation.md) - [ESMA Q\&A 1856 — Q\&A — Inducements \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1856-inducements.md) - [ESMA Q\&A 1857 — Q\&A — Inducements \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1857-inducements.md) - [ESMA Q\&A 1858 — Q\&A — Inducements \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1858-inducements.md) - [ESMA Q\&A 1859 — Q\&A — Inducements \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1859-inducements.md) - [ESMA Q\&A 1860 — Q\&A — Inducements \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1860-inducements.md) - [ESMA Q\&A 1861 — Q\&A — Inducements \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1861-inducements.md) - [ESMA Q\&A 1862 — Q\&A — Initiation at own initiative \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1862-initiation-at-own-initiative.md) - [ESMA Q\&A 1863 — Q\&A — New categories of investment products or investment \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1863-new-categories-of-investment-products-or-investment-services.md) - [ESMA Q\&A 1864 — Q\&A — Provision of investment services and activities \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1864-provision-of-investment-services-and-activities-by-third.md) - [ESMA Q\&A 1865 — Q\&A — Third-country firms marketing directly \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1865-third-country-firms-marketing-directly.md) - [ESMA Q\&A 1966 — Q\&A — Integration of sustainability within the MiFID II \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1966-integration-of-sustainability-within-the-mifid-ii-product.md) - [ESMA Q\&A 1997 — Q\&A — Payments to be considered as remuneration \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-1997-payments-to-be-considered-as-remuneration.md) - [ESMA Q\&A 2024 — Q\&A — Aggregation of costs and charges \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2024-aggregation-of-costs-and-charges.md) - [ESMA Q\&A 2025 — Q\&A — Disclosure of costs and charges paid in or represented \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2025-disclosure-of-costs-and-charges-paid-in-or-represented-in.md) - [ESMA Q\&A 2104 — Q\&A — Market making in securitised derivatives \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2104-market-making-in-securitised-derivatives.md) - [ESMA Q\&A 2136 — Q\&A — disclosure of cost on return \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2136-disclosure-of-cost-on-return.md) - [ESMA Q\&A 2137 — Q\&A — Non-complex structured deposits \[Question Rejected\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2137-non-complex-structured-deposits.md) - [ESMA Q\&A 2148 — Q\&A — Deadline for providing clients with statement on owned \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2148-deadline-for-providing-clients-with-statement-on-owned.md) - [ESMA Q\&A 2172 — Q\&A — Two classifications for one client \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2172-two-classifications-for-one-client.md) - [ESMA Q\&A 2214 — Q\&A — Underwritting and placing fees \[Question Rejected\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2214-underwritting-and-placing-fees.md) - [ESMA Q\&A 2247 — Q\&A — Recertificaciones MIFID \[Question Rejected\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2247-recertificaciones-mifid.md) - [ESMA Q\&A 2249 — Q\&A — Scope of the exemptions provided for in article 2(1) \[Question Rejected\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2249-scope-of-the-exemptions-provided-for-in-article-2-1-c-and-k.md) - [ESMA Q\&A 2286 — Q\&A — Scope of ancillary services and supervisory \[Question Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2286-scope-of-ancillary-services-and-supervisory-convergence.md) - [ESMA Q\&A 2304 — Q\&A — Q\&A on lot sizes and position limits \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2304-q-a-on-lot-sizes-and-position-limits.md) - [ESMA Q\&A 2415 — Q\&A — Scope of the obligation to document face-to-face \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2415-scope-of-the-obligation-to-document-face-to-face.md) - [ESMA Q\&A 2416 — Q\&A — Scope of the record keeping obligation of telephone \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2416-scope-of-the-record-keeping-obligation-of-telephone.md) - [ESMA Q\&A 2436 — Q\&A — Legal qualification of Financial Transmission Rights \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2436-legal-qualification-of-financial-transmission-rights-under.md) - [ESMA Q\&A 2439 — Q\&A — Q\&A on open interest thresholds in energy derivatives \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2439-q-a-on-open-interest-thresholds-in-energy-derivatives.md) - [ESMA Q\&A 2604 — Q\&A — Clarification as regards to Perpetual features \[Question Rejected\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2604-clarification-as-regards-to-perpetual-features.md) - [ESMA Q\&A 2618 — Q\&A — Arrangements necessary to understand clients \[Question Rejected\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2618-arrangements-necessary-to-understand-clients.md) - [ESMA Q\&A 2648 — Q\&A — Outsourcing; Critical and important functions \[Question Rejected\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2648-outsourcing-critical-and-important-functions-principle-of.md) - [ESMA Q\&A 2655 — Q\&A — Derivatives settled \[Forwarded to EC/Public Consultation/Other\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2655-derivatives-settled-in-stablecoins.md) - [ESMA Q\&A 2708 — Q\&A — Inducements \[Question Rejected\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2708-inducements.md) - [ESMA Q\&A 2784 — Q\&A — MiFID II remuneration rules applicable to tied agents \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2784-mifid-ii-remuneration-rules-applicable-to-tied-agents.md) - [ESMA Q\&A 2785 — Q\&A — Interests earned from client funds deposited \[Answer Published\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2785-interests-earned-from-client-funds-deposited-at-a-credit.md) - [ESMA Q\&A 2790 — Q\&A — “Under supervision” – responsibility, role awareness \[Question Rejected\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2790-under-supervision-responsibility-role-awareness-real-time.md) - [ESMA Q\&A 2791 — Q\&A — Records / audit trail / digital workflows / use \[Question Rejected\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2791-records-audit-trail-digital-workflows-use-of-user.md) - [ESMA Q\&A 2799 — Q\&A — Attribution of investment advice in split \[Question Rejected\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2799-attribution-of-investment-advice-in-split-or-system.md) - [ESMA Q\&A 2800 — Q\&A — Personal recommendation and suitability statement \[Question Rejected\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2800-personal-recommendation-and-suitability-statement.md) - [ESMA Q\&A 2919 — Q\&A — Extraterritorirality \[Forwarded to EC/Public Consultation/Other\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2919-extraterritorirality-of-investor-protection-rules-under.md) - [ESMA/2012/382 — Q\&A — MiFID investor protection and intermediaries \[in force\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-2012-382-investor-protection-mifid1.md) - [ESMA35-36-794 — Q\&A — Provision of CFDs and other speculative products \[in force\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-35-36-794-cfds-retail.md) - [ESMA35-43-349 — Q\&A — MiFID II and MiFIR investor protection topics \[in force\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-35-43-349-investor-protection.md) - [ESMA70-872942901-36 — Q\&A — MiFID II and MiFIR commodity derivatives topics \[in force\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-70-872942901-36-commodity-derivatives.md) - [ESMA70-872942901-38 — Q\&A — MiFID II and MiFIR market structures topics \[in force\]](https://www.headlesslaw.com/mifid-ii/level-3/q-and-a/esma/esma-qa-70-872942901-38-market-structures.md) ## MiFIR - [MiFIR](https://www.headlesslaw.com/mifir/readme.md) - [Titles](https://www.headlesslaw.com/mifir/titles.md): The 12 titles of Regulation (EU) No 600/2014 (MiFIR). - [Title I — Subject matter, scope and definitions](https://www.headlesslaw.com/mifir/titles/i.md): Articles 1–2 of Regulation (EU) No 600/2014 (MiFIR). - [Title II — Transparency for trading venues](https://www.headlesslaw.com/mifir/titles/ii.md): Articles 3–13 of Regulation (EU) No 600/2014 (MiFIR). - [Title III — Transparency for systematic internalisers and investment firms trading OTC and tick size regime for systematic internalisers](https://www.headlesslaw.com/mifir/titles/iii.md): Articles 14–23a of Regulation (EU) No 600/2014 (MiFIR). - [Title IV — Transaction reporting](https://www.headlesslaw.com/mifir/titles/iv.md): Articles 24–27 of Regulation (EU) No 600/2014 (MiFIR). - [Title IVa — Data reporting services](https://www.headlesslaw.com/mifir/titles/iva.md): Articles 27a–27i of Regulation (EU) No 600/2014 (MiFIR). - [Title V — Derivatives](https://www.headlesslaw.com/mifir/titles/v.md): Articles 28–34 of Regulation (EU) No 600/2014 (MiFIR). - [Title VI — Non-discriminatory clearing access for financial instruments](https://www.headlesslaw.com/mifir/titles/vi.md): Articles 35–38 of Regulation (EU) No 600/2014 (MiFIR). - [Title VIa — ESMA powers and competences](https://www.headlesslaw.com/mifir/titles/via.md): Articles 38a–38o of Regulation (EU) No 600/2014 (MiFIR). - [Title VII — Supervisory measures on product intervention and positions](https://www.headlesslaw.com/mifir/titles/vii.md): Articles 39–45 of Regulation (EU) No 600/2014 (MiFIR). - [Title VIII — Provision of services and performance of activities by third-country firms following an equivalence decision with or without a branch](https://www.headlesslaw.com/mifir/titles/viii.md): Articles 46–49 of Regulation (EU) No 600/2014 (MiFIR). - [Title IX — Delegated and implementing acts](https://www.headlesslaw.com/mifir/titles/ix.md): Articles 50–51 of Regulation (EU) No 600/2014 (MiFIR). - [Title X — Final provisions](https://www.headlesslaw.com/mifir/titles/x.md): Articles 52–55 of Regulation (EU) No 600/2014 (MiFIR). - [Articles](https://www.headlesslaw.com/mifir/articles.md): All 95 articles of Regulation (EU) No 600/2014 (MiFIR), one page each. - [Article 1 — Subject matter and scope](https://www.headlesslaw.com/mifir/articles/1.md) - [Article 2 — Definitions](https://www.headlesslaw.com/mifir/articles/2.md) - [Article 3 — Pre-trade transparency requirements for trading venues in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments](https://www.headlesslaw.com/mifir/articles/3.md) - [Article 4 — Waivers for equity instruments](https://www.headlesslaw.com/mifir/articles/4.md) - [Article 5 — Volume cap](https://www.headlesslaw.com/mifir/articles/5.md) - [Article 6 — Post-trade transparency requirements for trading venues in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments](https://www.headlesslaw.com/mifir/articles/6.md) - [Article 7 — Authorisation of deferred publication](https://www.headlesslaw.com/mifir/articles/7.md) - [Article 8 — Pre-trade transparency requirements for trading venues in respect of bonds, structured finance products and emission allowances](https://www.headlesslaw.com/mifir/articles/8.md) - [Article 8a — Pre-trade transparency requirements for trading venues in respect of derivatives](https://www.headlesslaw.com/mifir/articles/8a.md) - [Article 8b — Pre-trade transparency requirements for trading venues in respect of package orders](https://www.headlesslaw.com/mifir/articles/8b.md) - [Article 9 — Waivers for bonds, structured finance products, emission allowances, derivatives and package orders](https://www.headlesslaw.com/mifir/articles/9.md) - [Article 10 — Post-trade transparency requirements for trading venues in respect of bonds, structured finance products, emission allowances and derivatives](https://www.headlesslaw.com/mifir/articles/10.md) - [Article 11 — Deferred publication in respect of bonds, structured finance products or emission allowances](https://www.headlesslaw.com/mifir/articles/11.md) - [Article 11a — Deferred publication in respect of derivatives](https://www.headlesslaw.com/mifir/articles/11a.md) - [Article 12 — Obligation to make pre-trade and post-trade data available separately](https://www.headlesslaw.com/mifir/articles/12.md) - [Article 13 — Obligation to make pre-trade and post-trade data available on a reasonable commercial basis](https://www.headlesslaw.com/mifir/articles/13.md) - [Article 14 — Obligation for systematic internalisers to make public firm quotes in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments](https://www.headlesslaw.com/mifir/articles/14.md) - [Article 15 — Execution of client orders](https://www.headlesslaw.com/mifir/articles/15.md) - [Article 16 — Obligations of competent authorities](https://www.headlesslaw.com/mifir/articles/16.md) - [Article 17 — Access to quotes](https://www.headlesslaw.com/mifir/articles/17.md) - [Article 17a — Tick sizes](https://www.headlesslaw.com/mifir/articles/17a.md) - [Article 18 — Obligation for systematic internalisers to make public firm quotes in respect of bonds, structured finance products, emission allowances and derivatives](https://www.headlesslaw.com/mifir/articles/18.md) - [Article 19 — Monitoring by ESMA](https://www.headlesslaw.com/mifir/articles/19.md) - [Article 20 — Post-trade disclosure by investment firms, including systematic internalisers, in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments](https://www.headlesslaw.com/mifir/articles/20.md) - [Article 21 — Post-trade disclosure by investment firms in respect of bonds, structured finance products, emission allowances and derivatives](https://www.headlesslaw.com/mifir/articles/21.md) - [Article 21a — Designated publishing entities](https://www.headlesslaw.com/mifir/articles/21a.md) - [Article 22 — Providing information for the purposes of transparency and other calculations](https://www.headlesslaw.com/mifir/articles/22.md) - [Article 22a — Transmission of data to the CTP](https://www.headlesslaw.com/mifir/articles/22a.md) - [Article 22b — Data quality](https://www.headlesslaw.com/mifir/articles/22b.md) - [Article 22c — Synchronisation of business clocks](https://www.headlesslaw.com/mifir/articles/22c.md) - [Article 23 — Trading obligation for investment firms](https://www.headlesslaw.com/mifir/articles/23.md) - [Article 23a — Accessibility of information on the European single access point](https://www.headlesslaw.com/mifir/articles/23a.md) - [Article 24 — Obligation to uphold integrity of markets](https://www.headlesslaw.com/mifir/articles/24.md) - [Article 25 — Obligation to maintain records](https://www.headlesslaw.com/mifir/articles/25.md) - [Article 26 — Obligation to report transactions](https://www.headlesslaw.com/mifir/articles/26.md) - [Article 27 — Obligation to supply financial instrument reference data](https://www.headlesslaw.com/mifir/articles/27.md) - [Article 27a — Article 27a](https://www.headlesslaw.com/mifir/articles/27a.md) - [Article 27b — Requirement for authorisation](https://www.headlesslaw.com/mifir/articles/27b.md) - [Article 27c — Authorisation of data reporting services providers](https://www.headlesslaw.com/mifir/articles/27c.md) - [Article 27d — Procedures for granting and refusing applications for authorisation of ARMs and APAs](https://www.headlesslaw.com/mifir/articles/27d.md) - [Article 27da — Procedure for the selection of a single CTP for each asset class](https://www.headlesslaw.com/mifir/articles/27da.md) - [Article 27db — Procedures for granting and refusing applications for authorisation of CTPs](https://www.headlesslaw.com/mifir/articles/27db.md) - [Article 27e — Withdrawal of authorisation](https://www.headlesslaw.com/mifir/articles/27e.md) - [Article 27f — Requirements for the management body of a data reporting services provider](https://www.headlesslaw.com/mifir/articles/27f.md) - [Article 27g — Organisational requirements for APAs](https://www.headlesslaw.com/mifir/articles/27g.md) - [Article 27h — Organisational requirements for CTPs](https://www.headlesslaw.com/mifir/articles/27h.md) - [Article 27ha — Reporting obligations for CTPs](https://www.headlesslaw.com/mifir/articles/27ha.md) - [Article 27i — Organisational requirements for ARMs](https://www.headlesslaw.com/mifir/articles/27i.md) - [Article 28 — Obligation to trade on regulated markets, MTFs or OTFs](https://www.headlesslaw.com/mifir/articles/28.md) - [Article 29 — Clearing obligation for derivatives traded on regulated markets and timing of acceptance for clearing](https://www.headlesslaw.com/mifir/articles/29.md) - [Article 30 — Indirect Clearing Arrangements](https://www.headlesslaw.com/mifir/articles/30.md) - [Article 31 — Post-trade risk reduction services](https://www.headlesslaw.com/mifir/articles/31.md) - [Article 32 — Trading obligation procedure](https://www.headlesslaw.com/mifir/articles/32.md) - [Article 32a — Stand-alone suspension of the trading obligation](https://www.headlesslaw.com/mifir/articles/32a.md) - [Article 33 — Mechanism to avoid duplicative or conflicting rules](https://www.headlesslaw.com/mifir/articles/33.md) - [Article 34 — Register of derivatives subject to the trading obligation](https://www.headlesslaw.com/mifir/articles/34.md) - [Article 35 — Non-discriminatory access to a CCP](https://www.headlesslaw.com/mifir/articles/35.md) - [Article 36 — Non-discriminatory access to a trading venue](https://www.headlesslaw.com/mifir/articles/36.md) - [Article 37 — Non-discriminatory access to and obligation to licence benchmarks](https://www.headlesslaw.com/mifir/articles/37.md) - [Article 38 — Access for third-country CCPs and trading venues](https://www.headlesslaw.com/mifir/articles/38.md) - [Article 38a — Exercise of ESMA’s powers](https://www.headlesslaw.com/mifir/articles/38a.md) - [Article 38b — Request for information](https://www.headlesslaw.com/mifir/articles/38b.md) - [Article 38c — General investigations](https://www.headlesslaw.com/mifir/articles/38c.md) - [Article 38d — On-site inspections](https://www.headlesslaw.com/mifir/articles/38d.md) - [Article 38e — Exchange of information](https://www.headlesslaw.com/mifir/articles/38e.md) - [Article 38f — Professional secrecy](https://www.headlesslaw.com/mifir/articles/38f.md) - [Article 38g — Supervisory measures by ESMA](https://www.headlesslaw.com/mifir/articles/38g.md) - [Article 38h — Fines](https://www.headlesslaw.com/mifir/articles/38h.md) - [Article 38i — Periodic penalty payments](https://www.headlesslaw.com/mifir/articles/38i.md) - [Article 38j — Disclosure, nature, enforcement and allocation of fines and periodic penalty payments](https://www.headlesslaw.com/mifir/articles/38j.md) - [Article 38k — Procedural rules for taking supervisory measures and imposing fines](https://www.headlesslaw.com/mifir/articles/38k.md) - [Article 38l — Hearing of the persons concerned](https://www.headlesslaw.com/mifir/articles/38l.md) - [Article 38m — Review by the Court of Justice](https://www.headlesslaw.com/mifir/articles/38m.md) - [Article 38n — Authorisation and supervisory fees](https://www.headlesslaw.com/mifir/articles/38n.md) - [Article 38o — Delegation of tasks by ESMA to competent authorities](https://www.headlesslaw.com/mifir/articles/38o.md) - [Article 39 — Market monitoring](https://www.headlesslaw.com/mifir/articles/39.md) - [Article 39a — Prohibition of receiving payment for order flow](https://www.headlesslaw.com/mifir/articles/39a.md) - [Article 40 — ESMA temporary intervention powers](https://www.headlesslaw.com/mifir/articles/40.md) - [Article 41 — EBA temporary intervention powers](https://www.headlesslaw.com/mifir/articles/41.md) - [Article 42 — Product intervention by competent authorities](https://www.headlesslaw.com/mifir/articles/42.md) - [Article 43 — Coordination by ESMA and EBA](https://www.headlesslaw.com/mifir/articles/43.md) - [Article 44 — Coordination of national position management measures and position limits by ESMA](https://www.headlesslaw.com/mifir/articles/44.md) - [Article 45 — Position management powers of ESMA](https://www.headlesslaw.com/mifir/articles/45.md) - [Article 46 — General provisions](https://www.headlesslaw.com/mifir/articles/46.md) - [Article 47 — Equivalence decision](https://www.headlesslaw.com/mifir/articles/47.md) - [Article 48 — Register](https://www.headlesslaw.com/mifir/articles/48.md) - [Article 49 — Measures to be taken by ESMA](https://www.headlesslaw.com/mifir/articles/49.md) - [Article 50 — Exercise of the delegation](https://www.headlesslaw.com/mifir/articles/50.md) - [Article 51 — Committee procedure](https://www.headlesslaw.com/mifir/articles/51.md) - [Article 52 — Reports and review](https://www.headlesslaw.com/mifir/articles/52.md) - [Article 53 — Amendment of Regulation (EU) No 648/2012](https://www.headlesslaw.com/mifir/articles/53.md) - [Article 54 — Transitional provisions](https://www.headlesslaw.com/mifir/articles/54.md) - [Article 54a — Transitional measures related to ESMA](https://www.headlesslaw.com/mifir/articles/54a.md) - [Article 54b — Relations with auditors](https://www.headlesslaw.com/mifir/articles/54b.md) - [Article 55 — Entry into force and application](https://www.headlesslaw.com/mifir/articles/55.md) - [Level 2](https://www.headlesslaw.com/mifir/level-2.md): Level 2 — MiFIR (43 instruments). - [Delegated acts](https://www.headlesslaw.com/mifir/level-2/delegated-acts.md): Delegated acts — MiFIR (13 instruments). - [2017/567 — Delegated act — Transparency, compression and supervisory measures \[in force\]](https://www.headlesslaw.com/mifir/level-2/delegated-acts/2017-567-definitions-transparency-portfolio-compression-and.md) - [2017/1799 — Delegated act — Exemption of certain third countries central banks \[in force\]](https://www.headlesslaw.com/mifir/level-2/delegated-acts/2017-1799-the-exemption-of-certain-third-countries-central-banks-in.md) - [2017/2194 — Delegated act — Package orders \[in force\]](https://www.headlesslaw.com/mifir/level-2/delegated-acts/2017-2194-package-orders.md) - [2019/442 — Delegated act — Amending and correcting 2017/587 \[in force\]](https://www.headlesslaw.com/mifir/level-2/delegated-acts/2019-442-amending-the-requirement-for-prices-to-reflect-prevailing.md) - [2019/462 — Delegated act — Amending 2017/1799 as regards the Bank of England \[in force\]](https://www.headlesslaw.com/mifir/level-2/delegated-acts/2019-462-amending-the-exemption-of-the-bank-of-england-from-the.md) - [2019/1000 — Delegated act — Amending 2017/1799 as regards the People's Bank of China \[in force\]](https://www.headlesslaw.com/mifir/level-2/delegated-acts/2019-1000-amending-the-exemption-of-the-people-s-bank-of-china-from.md) - [2022/466 — Delegated act — Criteria for derogation \[in force\]](https://www.headlesslaw.com/mifir/level-2/delegated-acts/2022-466-commission-delegated-regulation-eu-2022-466-of-17.md) - [2022/803 — Delegated act — Rules of procedure to impose fines \[in force\]](https://www.headlesslaw.com/mifir/level-2/delegated-acts/2022-803-commission-delegated-regulation-eu-2022-803-of-16.md) - [2022/930 — Delegated act — Fees relating to the supervision \[in force\]](https://www.headlesslaw.com/mifir/level-2/delegated-acts/2022-930-commission-delegated-regulation-eu-2022-930-of-10-march.md) - [2025/884 — Delegated act — Amending 2022/930 as regards consolidated tape providers \[in force\]](https://www.headlesslaw.com/mifir/level-2/delegated-acts/2025-884-commission-delegated-regulation-eu-2025-884-of-7-may-2025.md) - [2025/1003 — Delegated act — OTC derivatives identifying reference data to be used \[in force\]](https://www.headlesslaw.com/mifir/level-2/delegated-acts/2025-1003-commission-delegated-regulation-eu-2025-1003-of-24.md) - [2025/1768 — Delegated act — Amending 2022/803 as regards consolidated tape providers \[in force\]](https://www.headlesslaw.com/mifir/level-2/delegated-acts/2025-1768-commission-delegated-regulation-eu-2025-1768-of-7-may.md) - [2026/482 — Delegated act — Liquid market, market data and systematic internalisers \[in force\]](https://www.headlesslaw.com/mifir/level-2/delegated-acts/2026-482-commission-delegated-regulation-eu-2026-482-of-24.md) - [Regulatory technical standards (RTS)](https://www.headlesslaw.com/mifir/level-2/rts.md): Regulatory technical standards (RTS) — MiFIR (25 instruments). - [2016/2020 — RTS — Criteria for the trading obligation \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2016-2020-criteria-for-determining-whether-derivatives-subject-to-the.md) - [2016/2021 — RTS — Access in respect of benchmarks \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2016-2021-access-in-respect-of-benchmarks.md) - [2016/2022 — RTS — Information for registration of third-country firms \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2016-2022-regulatory-technical-standards-concerning-the-information.md) - [2017/572 — RTS — Specification of the offering of pre-and post-trade data \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2017-572-the-specification-of-the-offering-of-pre-and-post-trade.md) - [2017/577 — RTS — Volume cap mechanism and the provision of information \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2017-577-the-volume-cap-mechanism-and-the-provision-of-information.md) - [2017/579 — RTS — Direct, substantial and foreseeable effect of derivative contracts \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2017-579-the-direct-substantial-and-foreseeable-effect-of.md) - [2017/580 — RTS — Maintenance of relevant data relating to orders \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2017-580-the-maintenance-of-relevant-data-relating-to-orders-in.md) - [2017/581 — RTS — Clearing access \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2017-581-clearing-access-in-respect-of-trading-venues-and-central.md) - [2017/582 — RTS — Obligation to clear derivatives and timing of acceptance \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2017-582-the-obligation-to-clear-derivatives-traded-on-regulated.md) - [2017/583 — RTS — Transparency requirements for bonds \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2017-583-transparency-requirements-for-trading-venues-and-investment.md) - [2017/585 — RTS — Standards and formats for reference data and technical measures \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2017-585-the-data-standards-and-formats-for-financial-instrument.md) - [2017/587 — RTS — Transparency requirements for shares \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2017-587-transparency-requirements-for-trading-venues-and-investment.md) - [2017/590 — RTS — Reporting of transactions to competent authorities \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2017-590-the-reporting-of-transactions-to-competent-authorities.md) - [2017/2154 — RTS — Indirect clearing arrangements \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2017-2154-indirect-clearing-arrangements.md) - [2017/2417 — RTS — Trading obligation for certain derivatives \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2017-2417-the-trading-obligation-for-certain-derivatives.md) - [2021/529 — RTS — Amending 2017/583 as regards adjustment of liquidity thresholds \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2021-529-commission-delegated-regulation-eu-2021-529-of-18.md) - [2022/629 — RTS — Amending 2017/583 as regards adjustment the liquidity thresholds \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2022-629-commission-delegated-regulation-eu-2022-629-of-12-january.md) - [2022/749 — RTS — Amending 2017/2417 as regards the transition to new benchmarks \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2022-749-commission-delegated-regulation-eu-2022-749-of-8-february.md) - [2023/944 — RTS — Amending and correcting 2017/587 as regards equity instruments \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2023-944-amending-and-correcting-the-regulatory-technical-standards.md) - [2023/945 — RTS — Amending 2017/583 as regards certain transparency requirements \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2023-945-amending-the-regulatory-technical-standards-laid-down-in.md) - [2025/1143 — RTS — Authorisation and organisational requirements \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2025-1143-commission-delegated-regulation-eu-2025-1143-of-12-june.md) - [2025/1155 — RTS — Input and output data of consolidated tapes \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2025-1155-commission-delegated-regulation-eu-2025-1155-of-12-june.md) - [2025/1156 — RTS — Obligation to make market data available to the public \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2025-1156-commission-delegated-regulation-eu-2025-1156-of-12-june.md) - [2025/1246 — RTS — Transparency requirements for bonds \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2025-1246-commission-delegated-regulation-eu-2025-1246-of-18-june.md) - [2026/392 — RTS — Amending 2017/577 as regards volume cap and information \[in force\]](https://www.headlesslaw.com/mifir/level-2/rts/2026-392-commission-delegated-regulation-eu-2026-392-of-20.md) - [Implementing technical standards (ITS)](https://www.headlesslaw.com/mifir/level-2/its.md): Implementing technical standards (ITS) — MiFIR (2 instruments). - [2025/1157 — ITS — Forms for the authorisation of approved publication arrangements \[in force\]](https://www.headlesslaw.com/mifir/level-2/its/2025-1157-commission-implementing-regulation-eu-2025-1157-of-12.md) - [2026/1288 — ITS — Stand-alone suspension of the trading obligation for derivatives \[in force\]](https://www.headlesslaw.com/mifir/level-2/its/2026-1288-commission-implementing-regulation-eu-2026-1288-of-12.md) - [Implementing acts](https://www.headlesslaw.com/mifir/level-2/implementing-acts.md): Implementing acts — MiFIR (3 instruments). - [2017/2238 — Decision — Equivalence: the United States of America \[in force\]](https://www.headlesslaw.com/mifir/level-2/implementing-acts/2017-2238-third-country-equivalence-designated-contract-markets-and.md) - [2019/541 — Decision — Equivalence: Singapore \[in force\]](https://www.headlesslaw.com/mifir/level-2/implementing-acts/2019-541-third-country-equivalence-approved-exchanges-and.md) - [2020/2127 — Decision — Amending 2019/541: Singapore \[in force\]](https://www.headlesslaw.com/mifir/level-2/implementing-acts/2020-2127-amending-commission-implementing-decision-eu-2019-541-on.md) - [Level 3](https://www.headlesslaw.com/mifir/level-3.md): Level 3 — MiFIR (167 instruments). - [Guidelines](https://www.headlesslaw.com/mifir/level-3/guidelines.md): Guidelines — MiFIR (2 instruments). - [ESMA70-145-1345 — Guideline — Reporting, order record keeping and clock synchronisation \[final\]](https://www.headlesslaw.com/mifir/level-3/guidelines/esma70-145-1345-transaction-reporting.md) - [ESMA70-156-4263 — Guideline — MiFID II/MiFIR obligations on market data \[final\]](https://www.headlesslaw.com/mifir/level-3/guidelines/esma70-156-4263-market-data-obligations.md) - [Q\&A](https://www.headlesslaw.com/mifir/level-3/q-and-a.md): Q\&A — MiFIR (165 instruments). - [ESMA](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma.md): ESMA — MiFIR (165 instruments). - [ESMA Q\&A 740 — Q\&A — LEI of sovereign issuers \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-740-lei-of-sovereign-issuers.md) - [ESMA Q\&A 751 — Q\&A — Settlement location \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-751-settlement-location.md) - [ESMA Q\&A 985 — Q\&A — Fees charged to CCPs \[Forwarded to EC/Public Consultation/Other\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-985-fees-charged-to-ccps-in-relation-to-access-to-trading-venues.md) - [ESMA Q\&A 986 — Q\&A — Fees charged to CCPs in relation to access to trading \[Question Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-986-fees-charged-to-ccps-in-relation-to-access-to-trading-venues.md) - [ESMA Q\&A 987 — Q\&A — Fees charged to CCPs \[Forwarded to EC/Public Consultation/Other\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-987-fees-charged-to-ccps-in-relation-to-access-to-trading-venues.md) - [ESMA Q\&A 1019 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1019-best-execution.md) - [ESMA Q\&A 1041 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1041-best-execution.md) - [ESMA Q\&A 1043 — Q\&A — Best Execution \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1043-best-execution.md) - [ESMA Q\&A 1127 — Q\&A — Product intervention \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1127-product-intervention.md) - [ESMA Q\&A 1315 — Q\&A — Simplified approach for regulatory capital \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1315-simplified-approach-for-regulatory-capital-requirements.md) - [ESMA Q\&A 1370 — Q\&A — Q\&A on cross orders in non-equity instruments below \[Question Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1370-q-a-on-cross-orders-in-non-equity-instruments-below-lis.md) - [ESMA Q\&A 1488 — Q\&A — Direct Electronic Access (DEA) and algorithmic trading \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1488-direct-electronic-access-dea-and-algorithmic-trading.md) - [ESMA Q\&A 1495 — Q\&A — Multilateral and bilateral systems - Member \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1495-multilateral-and-bilateral-systems-member-preferencing.md) - [ESMA Q\&A 1501 — Q\&A — MiFIR data reporting - LEI of the issuer \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1501-mifir-data-reporting-lei-of-the-issuer.md) - [ESMA Q\&A 1502 — Q\&A — MiFIR data reporting - LEI of the issuer \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1502-mifir-data-reporting-lei-of-the-issuer.md) - [ESMA Q\&A 1503 — Q\&A — MiFIR data reporting - LEI of the issuer \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1503-mifir-data-reporting-lei-of-the-issuer.md) - [ESMA Q\&A 1505 — Q\&A — MiFIR data reporting - Reporting of reference rates \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1505-mifir-data-reporting-reporting-of-reference-rates-not.md) - [ESMA Q\&A 1506 — Q\&A — Reporting of Emission Allowances \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1506-reporting-of-emission-allowances.md) - [ESMA Q\&A 1507 — Q\&A — Reporting of Emission Allowances \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1507-reporting-of-emission-allowances.md) - [ESMA Q\&A 1508 — Q\&A — Reporting of Emission Allowances \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1508-reporting-of-emission-allowances.md) - [ESMA Q\&A 1509 — Q\&A — Reporting of Nominal value per unit and minimum traded \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1509-reporting-of-nominal-value-per-unit-and-minimum-traded-value.md) - [ESMA Q\&A 1510 — Q\&A — Transaction reporting \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1510-transaction-reporting.md) - [ESMA Q\&A 1511 — Q\&A — Transaction reporting \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1511-transaction-reporting.md) - [ESMA Q\&A 1512 — Q\&A — Transparency - Single Volume Cap \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1512-transparency-single-volume-cap.md) - [ESMA Q\&A 1514 — Q\&A — Third country issues - Transparency \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1514-third-country-issues-transparency.md) - [ESMA Q\&A 1548 — Q\&A — Transparency - Trading venues \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1548-transparency-trading-venues.md) - [ESMA Q\&A 1549 — Q\&A — Transparency - Trading venues \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1549-transparency-trading-venues.md) - [ESMA Q\&A 1550 — Q\&A — Transparency - OTC transactions reported to APA \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1550-transparency-otc-transactions-reported-to-apa-outsourcing.md) - [ESMA Q\&A 1551 — Q\&A — Transparency - pre-trade quote publication and ISIN \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1551-transparency-pre-trade-quote-publication-and-isin.md) - [ESMA Q\&A 1552 — Q\&A — Pre-trade transparency- RFQ system \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1552-pre-trade-transparency-rfq-system.md) - [ESMA Q\&A 1553 — Q\&A — Transparency - fees \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1553-transparency-fees.md) - [ESMA Q\&A 1554 — Q\&A — Transparency - data \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1554-transparency-data-pre-and-or-post-trade-data-available-free.md) - [ESMA Q\&A 1555 — Q\&A — Transparency - voice trading systems \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1555-transparency-voice-trading-systems.md) - [ESMA Q\&A 1556 — Q\&A — Trading obligation for shares \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1556-trading-obligation-for-shares.md) - [ESMA Q\&A 1557 — Q\&A — Scope of the trading obligation for shares \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1557-scope-of-the-trading-obligation-for-shares.md) - [ESMA Q\&A 1558 — Q\&A — Temporary suspension of transparency for bonds \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1558-temporary-suspension-of-transparency-for-bonds.md) - [ESMA Q\&A 1559 — Q\&A — Geographical scope of the temporary suspension \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1559-geographical-scope-of-the-temporary-suspension-of.md) - [ESMA Q\&A 1561 — Q\&A — Scope of Article 9(1)(c) of MiFIR \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1561-scope-of-article-9-1-c-of-mifir.md) - [ESMA Q\&A 1562 — Q\&A — Pre-trade transparency waivers under MiFID I \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1562-pre-trade-transparency-waivers-under-mifid-i.md) - [ESMA Q\&A 1563 — Q\&A — Waiver procedure for illiquid non-equity \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1563-waiver-procedure-for-illiquid-non-equity-financial.md) - [ESMA Q\&A 1564 — Q\&A — Substantial and non-substantial amendments \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1564-substantial-and-non-substantial-amendments-to-mifid-i.md) - [ESMA Q\&A 1565 — Q\&A — Calculation of the current volume weighted spread \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1565-calculation-of-the-current-volume-weighted-spread-reflected.md) - [ESMA Q\&A 1566 — Q\&A — Maximum authorised deviation around the reference \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1566-maximum-authorised-deviation-around-the-reference-price-for.md) - [ESMA Q\&A 1567 — Q\&A — Partial execution of LIS orders \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1567-partial-execution-of-lis-orders-article-9-1-a-of-mifir-and.md) - [ESMA Q\&A 1568 — Q\&A — SSTI – calculation of indicative pre-trade \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1568-ssti-calculation-of-indicative-pre-trade-prices.md) - [ESMA Q\&A 1569 — Q\&A — Process for a waiver under Article 18(2) \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1569-process-for-a-waiver-under-article-18-2-of-mifir.md) - [ESMA Q\&A 1570 — Q\&A — Reference price waiver and multi-listed shares \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1570-reference-price-waiver-and-multi-listed-shares.md) - [ESMA Q\&A 1571 — Q\&A — Pre-arranged/negotiated transactions \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1571-pre-arranged-negotiated-transactions-for-non-equity.md) - [ESMA Q\&A 1572 — Q\&A — Hedging Exemption \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1572-hedging-exemption.md) - [ESMA Q\&A 1573 — Q\&A — Minimum size of orders held in an order management \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1573-minimum-size-of-orders-held-in-an-order-management-facility.md) - [ESMA Q\&A 1574 — Q\&A — Application of the double volume mechanism to newly \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1574-application-of-the-double-volume-mechanism-to-newly-issued.md) - [ESMA Q\&A 1575 — Q\&A — Mid-month reports \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1575-mid-month-reports.md) - [ESMA Q\&A 1576 — Q\&A — DVC and corporate actions \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1576-dvc-and-corporate-actions.md) - [ESMA Q\&A 1580 — Q\&A — Compliance with the quoting obligations \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1580-compliance-with-the-quoting-obligations-for-sis-in-non.md) - [ESMA Q\&A 1581 — Q\&A — Compliance with the SI regime and notification \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1581-compliance-with-the-si-regime-and-notification-to-ncas.md) - [ESMA Q\&A 1583 — Q\&A — Commercial policy of access to quotes \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1583-commercial-policy-of-access-to-quotes.md) - [ESMA Q\&A 1584 — Q\&A — Access to quotes \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1584-access-to-quotes.md) - [ESMA Q\&A 1585 — Q\&A — Price to be published by SIs in bonds \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1585-price-to-be-published-by-sis-in-bonds-and-derivatives.md) - [ESMA Q\&A 1586 — Q\&A — Mandatory SI regime \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1586-mandatory-si-regime.md) - [ESMA Q\&A 1588 — Q\&A — Quoting obligation for SI in non-TOTV \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1588-quoting-obligation-for-si-in-non-totv-instruments.md) - [ESMA Q\&A 1589 — Q\&A — Quoting obligation for SIs in non-equity \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1589-quoting-obligation-for-sis-in-non-equity-financial.md) - [ESMA Q\&A 1590 — Q\&A — Impact for SIs of an instrument changing \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1590-impact-for-sis-of-an-instrument-changing-liquidity-status.md) - [ESMA Q\&A 1591 — Q\&A — Assignment of MICs to APAs \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1591-assignment-of-mics-to-apas.md) - [ESMA Q\&A 1593 — Q\&A — Data disaggregation \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1593-data-disaggregation.md) - [ESMA Q\&A 1594 — Q\&A — Data disaggregation \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1594-data-disaggregation.md) - [ESMA Q\&A 1596 — Q\&A — Data disaggregation \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1596-data-disaggregation.md) - [ESMA Q\&A 1610 — Q\&A — Trading venues \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1610-trading-venues.md) - [ESMA Q\&A 1613 — Q\&A — Direct Electronic Access (DEA) and algorithmic trading \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1613-direct-electronic-access-dea-and-algorithmic-trading.md) - [ESMA Q\&A 1671 — Q\&A — LEI of the issuer \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1671-lei-of-the-issuer.md) - [ESMA Q\&A 1672 — Q\&A — LEI of the issuer \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1672-lei-of-the-issuer.md) - [ESMA Q\&A 1673 — Q\&A — Date and time of the request of admission \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1673-date-and-time-of-the-request-of-admission-and-admission.md) - [ESMA Q\&A 1674 — Q\&A — Date and time of the request of admission \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1674-date-and-time-of-the-request-of-admission-and-admission.md) - [ESMA Q\&A 1675 — Q\&A — Date and time of the request of admission \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1675-date-and-time-of-the-request-of-admission-and-admission.md) - [ESMA Q\&A 1676 — Q\&A — Date and time of the request of admission \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1676-date-and-time-of-the-request-of-admission-and-admission.md) - [ESMA Q\&A 1677 — Q\&A — Date and time of the request of admission \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1677-date-and-time-of-the-request-of-admission-and-admission.md) - [ESMA Q\&A 1678 — Q\&A — Date and time of the request of admission \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1678-date-and-time-of-the-request-of-admission-and-admission.md) - [ESMA Q\&A 1679 — Q\&A — Instrument identification code and Underlying \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1679-instrument-identification-code-and-underlying-instrument.md) - [ESMA Q\&A 1680 — Q\&A — Instrument identification code and Underlying \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1680-instrument-identification-code-and-underlying-instrument.md) - [ESMA Q\&A 1681 — Q\&A — Maturity Date, expiry date and termination date \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1681-maturity-date-expiry-date-and-termination-date.md) - [ESMA Q\&A 1682 — Q\&A — Maturity Date, expiry date and termination date \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1682-maturity-date-expiry-date-and-termination-date.md) - [ESMA Q\&A 1683 — Q\&A — Maturity Date, expiry date and termination date \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1683-maturity-date-expiry-date-and-termination-date.md) - [ESMA Q\&A 1684 — Q\&A — Maturity Date, expiry date and termination date \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1684-maturity-date-expiry-date-and-termination-date.md) - [ESMA Q\&A 1685 — Q\&A — Maturity Date, expiry date and termination date \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1685-maturity-date-expiry-date-and-termination-date.md) - [ESMA Q\&A 1686 — Q\&A — Classification of Financial Instruments (CFI) \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1686-classification-of-financial-instruments-cfi-and-financial.md) - [ESMA Q\&A 1687 — Q\&A — Request for admission to trading by issuer \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1687-request-for-admission-to-trading-by-issuer.md) - [ESMA Q\&A 1688 — Q\&A — Base Point Spread of the index/benchmark of a floating \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1688-base-point-spread-of-the-index-benchmark-of-a-floating-rate.md) - [ESMA Q\&A 1689 — Q\&A — Field 23 – Seniority of the Bond \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1689-field-23-seniority-of-the-bond.md) - [ESMA Q\&A 1690 — Q\&A — Business Case: Inflation Indexed bond \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1690-business-case-inflation-indexed-bond.md) - [ESMA Q\&A 1691 — Q\&A — Field 14 and Field 17 – Total issued nominal amount \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1691-field-14-and-field-17-total-issued-nominal-amount.md) - [ESMA Q\&A 1692 — Q\&A — Field 30 - Quantity \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1692-field-30-quantity.md) - [ESMA Q\&A 1693 — Q\&A — Reference Data for financial instruments \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1693-reference-data-for-financial-instruments.md) - [ESMA Q\&A 1694 — Q\&A — Financial instruments’ volatile attributes \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1694-financial-instruments-volatile-attributes.md) - [ESMA Q\&A 1695 — Q\&A — FX Swaps reporting \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1695-fx-swaps-reporting.md) - [ESMA Q\&A 1696 — Q\&A — Interest Rate Swaps reporting \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1696-interest-rate-swaps-reporting.md) - [ESMA Q\&A 1697 — Q\&A — Interest Rate Swaps reporting \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1697-interest-rate-swaps-reporting.md) - [ESMA Q\&A 1698 — Q\&A — FX forward reporting \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1698-fx-forward-reporting.md) - [ESMA Q\&A 1699 — Q\&A — Complex trades \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1699-complex-trades.md) - [ESMA Q\&A 1700 — Q\&A — FIRDS fields 8 to 11 \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1700-firds-fields-8-to-11.md) - [ESMA Q\&A 1701 — Q\&A — Defined List of Instruments \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1701-defined-list-of-instruments.md) - [ESMA Q\&A 1702 — Q\&A — Transaction reporting \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1702-transaction-reporting.md) - [ESMA Q\&A 1703 — Q\&A — Transaction reporting \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1703-transaction-reporting.md) - [ESMA Q\&A 1704 — Q\&A — Transaction reporting \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1704-transaction-reporting.md) - [ESMA Q\&A 1705 — Q\&A — Transaction reporting \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1705-transaction-reporting.md) - [ESMA Q\&A 1706 — Q\&A — Transaction reporting \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1706-transaction-reporting.md) - [ESMA Q\&A 1707 — Q\&A — Transaction reporting \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1707-transaction-reporting.md) - [ESMA Q\&A 1708 — Q\&A — Transaction reporting \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1708-transaction-reporting.md) - [ESMA Q\&A 1709 — Q\&A — Transaction reporting \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1709-transaction-reporting.md) - [ESMA Q\&A 1710 — Q\&A — Transaction reporting \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1710-transaction-reporting.md) - [ESMA Q\&A 1711 — Q\&A — Transaction reporting \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1711-transaction-reporting.md) - [ESMA Q\&A 1712 — Q\&A — Transaction reporting \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1712-transaction-reporting.md) - [ESMA Q\&A 1713 — Q\&A — Order Record Keeping \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1713-order-record-keeping.md) - [ESMA Q\&A 1756 — Q\&A — Suitability and appropriateness \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1756-suitability-and-appropriateness.md) - [ESMA Q\&A 1758 — Q\&A — Suitability and appropriateness \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1758-suitability-and-appropriateness.md) - [ESMA Q\&A 1765 — Q\&A — Suitability and appropriateness \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1765-suitability-and-appropriateness.md) - [ESMA Q\&A 1768 — Q\&A — Suitability and appropriateness \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1768-suitability-and-appropriateness.md) - [ESMA Q\&A 1770 — Q\&A — Recording of telephone conversations and electronic \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1770-recording-of-telephone-conversations-and-electronic.md) - [ESMA Q\&A 1771 — Q\&A — Recording of telephone conversations and electronic \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1771-recording-of-telephone-conversations-and-electronic.md) - [ESMA Q\&A 1772 — Q\&A — Recording of telephone conversations and electronic \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1772-recording-of-telephone-conversations-and-electronic.md) - [ESMA Q\&A 1773 — Q\&A — Recording of telephone conversations and electronic \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1773-recording-of-telephone-conversations-and-electronic.md) - [ESMA Q\&A 1774 — Q\&A — Recording of telephone conversations and electronic \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1774-recording-of-telephone-conversations-and-electronic.md) - [ESMA Q\&A 1775 — Q\&A — Recording of telephone conversations and electronic \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1775-recording-of-telephone-conversations-and-electronic.md) - [ESMA Q\&A 1776 — Q\&A — Recording of telephone conversations and electronic \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1776-recording-of-telephone-conversations-and-electronic.md) - [ESMA Q\&A 1777 — Q\&A — Recording of telephone conversations and electronic \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1777-recording-of-telephone-conversations-and-electronic.md) - [ESMA Q\&A 1778 — Q\&A — Recording of telephone conversations and electronic \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1778-recording-of-telephone-conversations-and-electronic.md) - [ESMA Q\&A 1781 — Q\&A — Record keeping \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1781-record-keeping.md) - [ESMA Q\&A 1782 — Q\&A — Investment advice on an independent basis \[Question Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1782-investment-advice-on-an-independent-basis.md) - [ESMA Q\&A 1783 — Q\&A — Investment advice on an independent basis \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1783-investment-advice-on-an-independent-basis.md) - [ESMA Q\&A 1784 — Q\&A — Underwriting and placing \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1784-underwriting-and-placing.md) - [ESMA Q\&A 1813 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1813-post-sale-reporting.md) - [ESMA Q\&A 1815 — Q\&A — Post-sale reporting \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1815-post-sale-reporting.md) - [ESMA Q\&A 1977 — Q\&A — Fees charged to CCPs in relation to access \[Question Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1977-fees-charged-to-ccps-in-relation-to-access-to-trading-venues.md) - [ESMA Q\&A 1978 — Q\&A — Existing contracts \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1978-existing-contracts.md) - [ESMA Q\&A 1979 — Q\&A — Payments \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1979-payments.md) - [ESMA Q\&A 1980 — Q\&A — Margin close-out protection \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1980-margin-close-out-protection.md) - [ESMA Q\&A 1981 — Q\&A — Aggregate liability \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1981-aggregate-liability.md) - [ESMA Q\&A 1982 — Q\&A — Monetary benefits \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1982-monetary-benefits.md) - [ESMA Q\&A 1983 — Q\&A — Binary options \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1983-binary-options.md) - [ESMA Q\&A 1984 — Q\&A — CFDs referencing futures \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1984-cfds-referencing-futures.md) - [ESMA Q\&A 1986 — Q\&A — Guaranteed stop loss orders \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1986-guaranteed-stop-loss-orders.md) - [ESMA Q\&A 1987 — Q\&A — Clients established outside the Union and non-Union \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1987-clients-established-outside-the-union-and-non-union.md) - [ESMA Q\&A 1988 — Q\&A — Securitised derivatives \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1988-securitised-derivatives.md) - [ESMA Q\&A 1989 — Q\&A — Structured finance products \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1989-structured-finance-products.md) - [ESMA Q\&A 1990 — Q\&A — Rolling spot forex \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1990-rolling-spot-forex.md) - [ESMA Q\&A 1991 — Q\&A — Risk warning prominence \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-1991-risk-warning-prominence.md) - [ESMA Q\&A 2129 — Q\&A — Integration of sustainability within the MiFID II \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-2129-integration-of-sustainability-within-the-mifid-ii-product.md) - [ESMA Q\&A 2204 — Q\&A — Reporting of accumulator contracts \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-2204-reporting-of-accumulator-contracts.md) - [ESMA Q\&A 2306 — Q\&A — Questions related to package orders/transactions \[Question Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-2306-questions-related-to-package-orders-transactions.md) - [ESMA Q\&A 2533 — Q\&A — Post-trade deferral regime for bonds, ETCs, ETNs \[Question Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-2533-post-trade-deferral-regime-for-bonds-etcs-etns-and-sfps.md) - [ESMA Q\&A 2557 — Q\&A — Investment firms’ use of rebates and discounts \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-2557-investment-firms-use-of-rebates-and-discounts-to-lower-fees.md) - [ESMA Q\&A 2558 — Q\&A — Payment for order flow (PFOF) prohibition and client \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-2558-payment-for-order-flow-pfof-prohibition-and-client.md) - [ESMA Q\&A 2559 — Q\&A — Payment for order flow (PFOF) prohibition and OTC \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-2559-payment-for-order-flow-pfof-prohibition-and-otc-execution.md) - [ESMA Q\&A 2560 — Q\&A — Payment for order flow (PFOF) prohibition: scope \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-2560-payment-for-order-flow-pfof-prohibition-scope-for-rebates.md) - [ESMA Q\&A 2821 — Q\&A — Consolidated Tape Provider (CTP) \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-2821-consolidated-tape-provider-ctp.md) - [ESMA Q\&A 2822 — Q\&A — Consolidated Tape Provider (CTP) \[Published Answer Updated\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-2822-consolidated-tape-provider-ctp.md) - [ESMA Q\&A 2823 — Q\&A — Consolidated Tape Provider (CTP) \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-2823-consolidated-tape-provider-ctp.md) - [ESMA Q\&A 2824 — Q\&A — Consolidated Tape Provider (CTP) \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-2824-consolidated-tape-provider-ctp.md) - [ESMA Q\&A 2825 — Q\&A — Consolidated Tape Provider (CTP) \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-2825-consolidated-tape-provider-ctp.md) - [ESMA Q\&A 2826 — Q\&A — Consolidated Tape Provider (CTP) \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-2826-consolidated-tape-provider-ctp.md) - [ESMA Q\&A 2827 — Q\&A — Consolidated Tape Provider (CTP) \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-2827-consolidated-tape-provider-ctp.md) - [ESMA Q\&A 2828 — Q\&A — Consolidated Tape Provider (CTP) \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-2828-consolidated-tape-provider-ctp.md) - [ESMA Q\&A 2829 — Q\&A — Trading status for on halt/suspended instruments \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-2829-trading-status-for-on-halt-suspended-instruments.md) - [ESMA Q\&A 2881 — Q\&A — Consolidated Tape Provider (CTP) \[Answer Published\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-2881-consolidated-tape-provider-ctp.md) - [ESMA35-36-1262 — Q\&A — Technical Q\&As on temporary product intervention measures \[in force\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-35-36-1262-product-intervention.md) - [ESMA70-872942901-35 — Q\&A — MiFID II and MiFIR transparency topics \[in force\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-70-872942901-35-transparency.md) - [ESMA70-1861941480-56 — Q\&A — MiFIR data reporting \[in force\]](https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-70-1861941480-56-mifir-data-reporting.md) ## MAR - [MAR](https://www.headlesslaw.com/mar/readme.md) - [Chapters](https://www.headlesslaw.com/mar/chapters.md): The 7 chapters of Regulation (EU) No 596/2014 (MAR). - [Chapter 1 — General provisions](https://www.headlesslaw.com/mar/chapters/1.md): Articles 1–6 of Regulation (EU) No 596/2014 (MAR). - [Chapter 2 — Inside information, insider dealing, unlawful disclosure of inside information and market manipulation](https://www.headlesslaw.com/mar/chapters/2.md): Articles 7–16 of Regulation (EU) No 596/2014 (MAR). - [Chapter 3 — Disclosure requirements](https://www.headlesslaw.com/mar/chapters/3.md): Articles 17–21a of Regulation (EU) No 596/2014 (MAR). - [Chapter 4 — ESMA and competent authorities](https://www.headlesslaw.com/mar/chapters/4.md): Articles 22–29 of Regulation (EU) No 596/2014 (MAR). - [Chapter 5 — Administrative measures and sanctions](https://www.headlesslaw.com/mar/chapters/5.md): Articles 30–34 of Regulation (EU) No 596/2014 (MAR). - [Chapter 6 — Delegated acts and implementing acts](https://www.headlesslaw.com/mar/chapters/6.md): Articles 35–36 of Regulation (EU) No 596/2014 (MAR). - [Chapter 7 — Final provisions](https://www.headlesslaw.com/mar/chapters/7.md): Articles 37–39 of Regulation (EU) No 596/2014 (MAR). - [Articles](https://www.headlesslaw.com/mar/articles.md): All 42 articles of Regulation (EU) No 596/2014 (MAR), one page each. - [Article 1 — Subject matter](https://www.headlesslaw.com/mar/articles/1.md) - [Article 2 — Scope](https://www.headlesslaw.com/mar/articles/2.md) - [Article 3 — Definitions](https://www.headlesslaw.com/mar/articles/3.md) - [Article 4 — Notifications and list of financial instruments](https://www.headlesslaw.com/mar/articles/4.md) - [Article 5 — Exemption for buy-back programmes and stabilisation](https://www.headlesslaw.com/mar/articles/5.md) - [Article 6 — Exemption for monetary and public debt management activities and climate policy activities](https://www.headlesslaw.com/mar/articles/6.md) - [Article 7 — Inside information](https://www.headlesslaw.com/mar/articles/7.md) - [Article 8 — Insider dealing](https://www.headlesslaw.com/mar/articles/8.md) - [Article 9 — Legitimate behaviour](https://www.headlesslaw.com/mar/articles/9.md) - [Article 10 — Unlawful disclosure of inside information](https://www.headlesslaw.com/mar/articles/10.md) - [Article 11 — Market soundings](https://www.headlesslaw.com/mar/articles/11.md) - [Article 12 — Market manipulation](https://www.headlesslaw.com/mar/articles/12.md) - [Article 13 — Accepted market practices](https://www.headlesslaw.com/mar/articles/13.md) - [Article 14 — Prohibition of insider dealing and of unlawful disclosure of inside information](https://www.headlesslaw.com/mar/articles/14.md) - [Article 15 — Prohibition of market manipulation](https://www.headlesslaw.com/mar/articles/15.md) - [Article 16 — Prevention and detection of market abuse](https://www.headlesslaw.com/mar/articles/16.md) - [Article 17 — Public disclosure of inside information](https://www.headlesslaw.com/mar/articles/17.md) - [Article 18 — Insider lists](https://www.headlesslaw.com/mar/articles/18.md) - [Article 19 — Managers’ transactions](https://www.headlesslaw.com/mar/articles/19.md) - [Article 20 — Investment recommendations and statistics](https://www.headlesslaw.com/mar/articles/20.md) - [Article 21 — Disclosure or dissemination of information in the media](https://www.headlesslaw.com/mar/articles/21.md) - [Article 21a — Accessibility of information on the European single access point](https://www.headlesslaw.com/mar/articles/21a.md) - [Article 22 — Competent authorities](https://www.headlesslaw.com/mar/articles/22.md) - [Article 23 — Powers of competent authorities](https://www.headlesslaw.com/mar/articles/23.md) - [Article 24 — Cooperation with ESMA](https://www.headlesslaw.com/mar/articles/24.md) - [Article 25 — Obligation to cooperate](https://www.headlesslaw.com/mar/articles/25.md) - [Article 25a — Mechanism to exchange order data](https://www.headlesslaw.com/mar/articles/25a.md) - [Article 25b — Collaboration platforms](https://www.headlesslaw.com/mar/articles/25b.md) - [Article 26 — Cooperation with third countries](https://www.headlesslaw.com/mar/articles/26.md) - [Article 27 — Professional secrecy](https://www.headlesslaw.com/mar/articles/27.md) - [Article 28 — Data protection](https://www.headlesslaw.com/mar/articles/28.md) - [Article 29 — Disclosure of personal data to third countries](https://www.headlesslaw.com/mar/articles/29.md) - [Article 30 — Administrative sanctions and other administrative measures](https://www.headlesslaw.com/mar/articles/30.md) - [Article 31 — Exercise of supervisory powers and imposition of sanctions](https://www.headlesslaw.com/mar/articles/31.md) - [Article 32 — Reporting of infringements](https://www.headlesslaw.com/mar/articles/32.md) - [Article 33 — Exchange of information with ESMA](https://www.headlesslaw.com/mar/articles/33.md) - [Article 34 — Publication of decisions](https://www.headlesslaw.com/mar/articles/34.md) - [Article 35 — Exercise of the delegation](https://www.headlesslaw.com/mar/articles/35.md) - [Article 36 — Committee procedure](https://www.headlesslaw.com/mar/articles/36.md) - [Article 37 — Repeal of Directive 2003/6/EC and its implementing measures](https://www.headlesslaw.com/mar/articles/37.md) - [Article 38 — Reports](https://www.headlesslaw.com/mar/articles/38.md) - [Article 39 — Entry into force and application](https://www.headlesslaw.com/mar/articles/39.md) - [Annexes](https://www.headlesslaw.com/mar/annexes.md): The 2 annexes of Regulation (EU) No 596/2014 (MAR). - [Annex I](https://www.headlesslaw.com/mar/annexes/annex-i.md) - [Annex II](https://www.headlesslaw.com/mar/annexes/annex-ii.md) - [Level 2](https://www.headlesslaw.com/mar/level-2.md): Level 2 — MAR (22 instruments). - [Delegated acts](https://www.headlesslaw.com/mar/level-2/delegated-acts.md): Delegated acts — MAR (3 instruments). - [2016/522 — Delegated act — Indicators of market manipulation, closed periods \[in force\]](https://www.headlesslaw.com/mar/level-2/delegated-acts/2016-522-exemptions-manipulation-indicators-closed-period.md) - [2019/461 — Delegated act — BoE / UK DMO exemption \[in force\]](https://www.headlesslaw.com/mar/level-2/delegated-acts/2019-461-boe-uk-dmo-exemption.md) - [2026/789 — Delegated act — Protracted processes and delay of disclosure \[in force\]](https://www.headlesslaw.com/mar/level-2/delegated-acts/2026-789-protracted-processes-and-delay-of-disclosure.md) - [Regulatory technical standards (RTS)](https://www.headlesslaw.com/mar/level-2/rts.md): Regulatory technical standards (RTS) — MAR (8 instruments). - [2016/908 — RTS — Accepted market practices \[in force\]](https://www.headlesslaw.com/mar/level-2/rts/2016-908-accepted-market-practices.md) - [2016/909 — RTS — Instrument notifications RTS \[in force\]](https://www.headlesslaw.com/mar/level-2/rts/2016-909-instrument-notifications-content.md) - [2016/957 — RTS — STOR arrangements \[in force\]](https://www.headlesslaw.com/mar/level-2/rts/2016-957-stor-arrangements.md) - [2016/958 — RTS — Investment recommendations \[in force\]](https://www.headlesslaw.com/mar/level-2/rts/2016-958-investment-recommendations.md) - [2016/960 — RTS — Market soundings arrangements \[in force\]](https://www.headlesslaw.com/mar/level-2/rts/2016-960-market-soundings-arrangements.md) - [2016/1052 — RTS — Buy-back & stabilisation \[in force\]](https://www.headlesslaw.com/mar/level-2/rts/2016-1052-buyback-and-stabilisation.md) - [2021/1783 — RTS — Third-country cooperation template \[in force\]](https://www.headlesslaw.com/mar/level-2/rts/2021-1783-third-country-cooperation-template.md) - [2022/1959 — RTS — SME liquidity contracts \[in force\]](https://www.headlesslaw.com/mar/level-2/rts/2022-1959-sme-liquidity-contracts.md) - [Implementing technical standards (ITS)](https://www.headlesslaw.com/mar/level-2/its.md): Implementing technical standards (ITS) — MAR (11 instruments). - [2015/2392 — ITS — Whistleblowing procedures \[in force\]](https://www.headlesslaw.com/mar/level-2/its/2015-2392-whistleblowing-procedures.md) - [2016/347 — ITS — Insider list format (2016) \[no longer in force\]](https://www.headlesslaw.com/mar/level-2/its/2016-347-insider-list-format-2016.md) - [2016/378 — ITS — Financial-instrument notifications \[in force\]](https://www.headlesslaw.com/mar/level-2/its/2016-378-notifications-of-financial-instruments.md) - [2016/523 — ITS — Managers' transactions format \[in force\]](https://www.headlesslaw.com/mar/level-2/its/2016-523-managers-transactions-format.md) - [2016/959 — ITS — Market soundings systems (ITS) \[in force\]](https://www.headlesslaw.com/mar/level-2/its/2016-959-market-soundings-systems.md) - [2016/1055 — ITS — Inside-information disclosure \[in force\]](https://www.headlesslaw.com/mar/level-2/its/2016-1055-inside-information-disclosure.md) - [2017/1158 — ITS — CA-ESMA information exchange (Art. 33) \[in force\]](https://www.headlesslaw.com/mar/level-2/its/2017-1158-ca-esma-information-exchange.md) - [2018/292 — ITS — CA information exchange (Art. 25) \[in force\]](https://www.headlesslaw.com/mar/level-2/its/2018-292-ca-information-exchange.md) - [2020/1406 — ITS — CA cooperation (Arts. 24(2) & 25) \[in force\]](https://www.headlesslaw.com/mar/level-2/its/2020-1406-ca-cooperation-arts-24-25.md) - [2022/1210 — ITS — Insider list format (2022) \[no longer in force\]](https://www.headlesslaw.com/mar/level-2/its/2022-1210-insider-list-format-2022.md) - [2026/1291 — ITS — Insider list format (2026) \[in force\]](https://www.headlesslaw.com/mar/level-2/its/2026-1291-insider-list-format-2026.md) - [Level 3](https://www.headlesslaw.com/mar/level-3.md): Level 3 — MAR (53 instruments). - [Guidelines](https://www.headlesslaw.com/mar/level-3/guidelines.md): Guidelines — MAR (3 instruments). - [ESMA/2016/1477 — Guideline — Persons receiving market soundings \[final\]](https://www.headlesslaw.com/mar/level-3/guidelines/esma-2016-1477-market-soundings.md) - [ESMA/2016/1480 — Guideline — Commodity derivatives \[final\]](https://www.headlesslaw.com/mar/level-3/guidelines/esma-2016-1480-commodity-derivatives.md) - [ESMA70-156-4966 — Guideline — MAR delay in the disclosure of inside information \[final\]](https://www.headlesslaw.com/mar/level-3/guidelines/esma70-156-4966-delay-disclosure.md) - [Q\&A](https://www.headlesslaw.com/mar/level-3/q-and-a.md): Q\&A — MAR (49 instruments). - [ESMA](https://www.headlesslaw.com/mar/level-3/q-and-a/esma.md): ESMA — MAR (49 instruments). - [ESMA Q\&A 777 — Q\&A — Information to be included \[Forwarded to EC/Public Consultation/Other\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-777-information-to-be-included-into-insider-list-of-the-issuer.md) - [ESMA Q\&A 901 — Q\&A — MAR Q\&A on the application of the trading volume limit \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-901-mar-q-a-on-the-application-of-the-trading-volume-limit-in.md) - [ESMA Q\&A 1144 — Q\&A — Credit ratings, rating outlooks and information \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1144-credit-ratings-rating-outlooks-and-information-relating.md) - [ESMA Q\&A 1145 — Q\&A — Disclosure to the public of credit ratings and inside \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1145-disclosure-to-the-public-of-credit-ratings-and-inside.md) - [ESMA Q\&A 1146 — Q\&A — Distribution of subscription ratings and disclosure \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1146-distribution-of-subscription-ratings-and-disclosure-of.md) - [ESMA Q\&A 1147 — Q\&A — Financial guidance and disclosure of inside \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1147-financial-guidance-and-disclosure-of-inside-information.md) - [ESMA Q\&A 1148 — Q\&A — Market analysts’ expectations and the identification \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1148-market-analysts-expectations-and-the-identification-of.md) - [ESMA Q\&A 1149 — Q\&A — Persons professionally arranging or executing \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1149-persons-professionally-arranging-or-executing-transactions.md) - [ESMA Q\&A 1150 — Q\&A — Financial instruments in scope of the market sounding \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1150-financial-instruments-in-scope-of-the-market-sounding-regime.md) - [ESMA Q\&A 1151 — Q\&A — Scope of the new Article 11(1a) of MAR \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1151-scope-of-the-new-article-11-1a-of-mar.md) - [ESMA Q\&A 1719 — Q\&A — Blanket cancellation of orders policy \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1719-blanket-cancellation-of-orders-policy.md) - [ESMA Q\&A 1720 — Q\&A — Disclosure of inside information related to Pillar II \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1720-disclosure-of-inside-information-related-to-pillar-ii.md) - [ESMA Q\&A 1721 — Q\&A — Delayed inside information that lost the feature \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1721-delayed-inside-information-that-lost-the-feature-of-the.md) - [ESMA Q\&A 1722 — Q\&A — Delayed disclosure of inside information under Article \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1722-delayed-disclosure-of-inside-information-under-article-17-5.md) - [ESMA Q\&A 1723 — Q\&A — Delayed disclosure of inside information under Article \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1723-delayed-disclosure-of-inside-information-under-article-17-5.md) - [ESMA Q\&A 1724 — Q\&A — Delayed disclosure of inside information under Article \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1724-delayed-disclosure-of-inside-information-under-article-17-5.md) - [ESMA Q\&A 1725 — Q\&A — Disclosure of inside information by collective \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1725-disclosure-of-inside-information-by-collective-investment.md) - [ESMA Q\&A 1726 — Q\&A — Potential cases of inside information \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1726-potential-cases-of-inside-information-in-relation-to.md) - [ESMA Q\&A 1727 — Q\&A — Exchange rate \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1727-exchange-rate.md) - [ESMA Q\&A 1728 — Q\&A — Timing of the closed period \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1728-timing-of-the-closed-period.md) - [ESMA Q\&A 1729 — Q\&A — Threshold calculation \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1729-threshold-calculation.md) - [ESMA Q\&A 1730 — Q\&A — Price of gifts, donation and inheritance \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1730-price-of-gifts-donation-and-inheritance.md) - [ESMA Q\&A 1731 — Q\&A — Notification of shares received as part \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1731-notification-of-shares-received-as-part-of-remuneration.md) - [ESMA Q\&A 1732 — Q\&A — Price of options granted for free \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1732-price-of-options-granted-for-free.md) - [ESMA Q\&A 1733 — Q\&A — Closely associated persons under Article 3(1)(26)(d) \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1733-closely-associated-persons-under-article-3-1-26-d-of-mar.md) - [ESMA Q\&A 1734 — Q\&A — Trading during closed periods and prohibition \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1734-trading-during-closed-periods-and-prohibition-of-insider.md) - [ESMA Q\&A 1735 — Q\&A — Types of transactions by PDMRs prohibited during \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1735-types-of-transactions-by-pdmrs-prohibited-during-closed.md) - [ESMA Q\&A 1736 — Q\&A — Application of the prohibition contained in Article \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1736-application-of-the-prohibition-contained-in-article-19-11.md) - [ESMA Q\&A 1737 — Q\&A — Communications made orally or via electronic means \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1737-communications-made-orally-or-via-electronic-means.md) - [ESMA Q\&A 1738 — Q\&A — Communications not referring to one or several issuers \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1738-communications-not-referring-to-one-or-several-issuers.md) - [ESMA Q\&A 1739 — Q\&A — Main business is not to produce investment \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1739-main-business-is-not-to-produce-investment-recommendations.md) - [ESMA Q\&A 1740 — Q\&A — Information implicitly recommending or suggesting \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1740-information-implicitly-recommending-or-suggesting-an.md) - [ESMA Q\&A 1741 — Q\&A — Communications containing purely factual information \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1741-communications-containing-purely-factual-information.md) - [ESMA Q\&A 1742 — Q\&A — Communications on previously disseminated investment \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1742-communications-on-previously-disseminated-investment.md) - [ESMA Q\&A 1743 — Q\&A — Recommendation on derivatives traded solely outside \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1743-recommendation-on-derivatives-traded-solely-outside-a.md) - [ESMA Q\&A 1744 — Q\&A — Identification of derivatives in investment \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1744-identification-of-derivatives-in-investment-recommendations.md) - [ESMA Q\&A 1745 — Q\&A — Recommendations on multiple issuers \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1745-recommendations-on-multiple-issuers.md) - [ESMA Q\&A 1747 — Q\&A — Recommendations relating to several financial \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1747-recommendations-relating-to-several-financial-instruments.md) - [ESMA Q\&A 1748 — Q\&A — Recommendations on a derivative referencing an index \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1748-recommendations-on-a-derivative-referencing-an-index.md) - [ESMA Q\&A 1749 — Q\&A — Subject of the insider list requirements \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1749-subject-of-the-insider-list-requirements.md) - [ESMA Q\&A 1750 — Q\&A — Issuer’s responsibility in case of delegation \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1750-issuer-s-responsibility-in-case-of-delegation.md) - [ESMA Q\&A 1751 — Q\&A — Emission allowances market participants (EAMPs) - Time \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1751-emission-allowances-market-participants-eamps-time-span-for.md) - [ESMA Q\&A 1752 — Q\&A — Emission allowances market participants (EAMPs) \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1752-emission-allowances-market-participants-eamps-meaning-of.md) - [ESMA Q\&A 1753 — Q\&A — Emission allowances market participants (EAMPs) \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1753-emission-allowances-market-participants-eamps-disclosure-of.md) - [ESMA Q\&A 1754 — Q\&A — Emission allowances market participants (EAMPs) \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-1754-emission-allowances-market-participants-eamps-disclosure-of.md) - [ESMA Q\&A 2303 — Q\&A — Application of a new exception to PDMRs’ general \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-2303-application-of-a-new-exception-to-pdmrs-general-prohibition.md) - [ESMA Q\&A 2624 — Q\&A — MAR closed-period exception \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-2624-mar-scope-of-the-exception-in-article-19-12a-of-mar-to-pdmrs-gen.md) - [ESMA Q\&A 2839 — Q\&A — Annually conducted audit under Commission Delegated \[Answer Published\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-2839-annually-conducted-audit-under-commission-delegated.md) - [ESMA70-145-111 — Q\&A — Market Abuse Regulation (MAR) \[in force\]](https://www.headlesslaw.com/mar/level-3/q-and-a/esma/esma-qa-70-145-111-mar-consolidated.md) - [Opinions](https://www.headlesslaw.com/mar/level-3/opinions.md): Opinions — MAR (1 instrument). - [ESMA70-145-76 — Opinion — MAR accepted market practices on liquidity contracts \[published\]](https://www.headlesslaw.com/mar/level-3/opinions/esma70-145-76-amp-liquidity-contracts.md) ## EMIR - [EMIR](https://www.headlesslaw.com/emir/readme.md) - [Recitals](https://www.headlesslaw.com/emir/recitals.md) - [Titles](https://www.headlesslaw.com/emir/titles.md): The 9 titles of Regulation (EU) No 648/2012 (EMIR). - [Title I — Subject matter, scope and definitions](https://www.headlesslaw.com/emir/titles/i.md): Articles 1–3 of Regulation (EU) No 648/2012 (EMIR). - [Title II — Clearing, reporting and risk mitigation of OTC derivatives](https://www.headlesslaw.com/emir/titles/ii.md): Articles 4–13a of Regulation (EU) No 648/2012 (EMIR). - [Title III — Authorisation and supervision of CCPs](https://www.headlesslaw.com/emir/titles/iii.md): Articles 14–25q of Regulation (EU) No 648/2012 (EMIR). - [Title IV — Requirements for CCPs](https://www.headlesslaw.com/emir/titles/iv.md): Articles 26–50d of Regulation (EU) No 648/2012 (EMIR). - [Title V — Interoperability arrangements](https://www.headlesslaw.com/emir/titles/v.md): Articles 51–54 of Regulation (EU) No 648/2012 (EMIR). - [Title VI — Registration and supervision of trade repositories](https://www.headlesslaw.com/emir/titles/vi.md): Articles 55–77 of Regulation (EU) No 648/2012 (EMIR). - [Title VII — Requirements for trade repositories](https://www.headlesslaw.com/emir/titles/vii.md): Articles 78–82 of Regulation (EU) No 648/2012 (EMIR). - [Title VIII — Common provisions](https://www.headlesslaw.com/emir/titles/viii.md): Articles 83–84 of Regulation (EU) No 648/2012 (EMIR). - [Title IX — Transitional and final provisions](https://www.headlesslaw.com/emir/titles/ix.md): Articles 85–91 of Regulation (EU) No 648/2012 (EMIR). - [Articles](https://www.headlesslaw.com/emir/articles.md): All 137 articles of Regulation (EU) No 648/2012 (EMIR), one page each. - [Article 1 — Subject matter and scope](https://www.headlesslaw.com/emir/articles/1.md) - [Article 2 — Definitions](https://www.headlesslaw.com/emir/articles/2.md) - [Article 2a — Equivalence decisions for the purposes of the definition of OTC derivatives](https://www.headlesslaw.com/emir/articles/2a.md) - [Article 3 — Intragroup transactions](https://www.headlesslaw.com/emir/articles/3.md) - [Article 4 — Clearing obligation](https://www.headlesslaw.com/emir/articles/4.md) - [Article 4a — Financial counterparties that are subject to the clearing obligation](https://www.headlesslaw.com/emir/articles/4a.md) - [Article 4b — Post-trade risk reduction services](https://www.headlesslaw.com/emir/articles/4b.md) - [Article 5 — Clearing obligation procedure](https://www.headlesslaw.com/emir/articles/5.md) - [Article 6 — Public register](https://www.headlesslaw.com/emir/articles/6.md) - [Article 6a — Suspension of clearing obligation](https://www.headlesslaw.com/emir/articles/6a.md) - [Article 6b — Suspension of clearing obligation in the case of resolution](https://www.headlesslaw.com/emir/articles/6b.md) - [Article 7 — Access to a CCP](https://www.headlesslaw.com/emir/articles/7.md) - [Article 7a — Active account](https://www.headlesslaw.com/emir/articles/7a.md) - [Article 7b — Monitoring of the active account obligation](https://www.headlesslaw.com/emir/articles/7b.md) - [Article 7c — Information on the provision of clearing services](https://www.headlesslaw.com/emir/articles/7c.md) - [Article 7d — Information on clearing activity in CCPs recognised under Article 25](https://www.headlesslaw.com/emir/articles/7d.md) - [Article 7e — Information on Union CCPs](https://www.headlesslaw.com/emir/articles/7e.md) - [Article 8 — Access to a trading venue](https://www.headlesslaw.com/emir/articles/8.md) - [Article 9 — Reporting obligation](https://www.headlesslaw.com/emir/articles/9.md) - [Article 10 — Non-financial counterparties](https://www.headlesslaw.com/emir/articles/10.md) - [Article 11 — Risk-mitigation techniques for OTC derivative contracts not cleared by a CCP](https://www.headlesslaw.com/emir/articles/11.md) - [Article 12 — Penalties](https://www.headlesslaw.com/emir/articles/12.md) - [Article 13 — Mechanism to avoid duplicative or conflicting rules with regard to OTC derivative contracts not cleared by a CCP](https://www.headlesslaw.com/emir/articles/13.md) - [Article 13a — Amendments to legacy contracts for the purpose of the implementation of benchmark reforms](https://www.headlesslaw.com/emir/articles/13a.md) - [Article 14 — Authorisation of a CCP](https://www.headlesslaw.com/emir/articles/14.md) - [Article 15 — Extension of activities and services](https://www.headlesslaw.com/emir/articles/15.md) - [Article 15a — Exemption from authorisation of an extension of clearing services or activities](https://www.headlesslaw.com/emir/articles/15a.md) - [Article 16 — Capital requirements](https://www.headlesslaw.com/emir/articles/16.md) - [Article 17 — Procedure for granting and refusing authorisation](https://www.headlesslaw.com/emir/articles/17.md) - [Article 17a — Accelerated procedure for authorisation of an extension of authorisation](https://www.headlesslaw.com/emir/articles/17a.md) - [Article 17b — Procedure for adopting decisions, reports or other measures](https://www.headlesslaw.com/emir/articles/17b.md) - [Article 17c — Central database](https://www.headlesslaw.com/emir/articles/17c.md) - [Article 18 — College](https://www.headlesslaw.com/emir/articles/18.md) - [Article 19 — Opinion of the college](https://www.headlesslaw.com/emir/articles/19.md) - [Article 20 — Withdrawal of authorisation](https://www.headlesslaw.com/emir/articles/20.md) - [Article 21 — Review and evaluation](https://www.headlesslaw.com/emir/articles/21.md) - [Article 22 — Competent authority](https://www.headlesslaw.com/emir/articles/22.md) - [Article 23 — Cooperation between authorities](https://www.headlesslaw.com/emir/articles/23.md) - [Article 23a — Supervisory cooperation between competent authorities and ESMA with regards to authorised CCPs](https://www.headlesslaw.com/emir/articles/23a.md) - [Article 23b — Joint Monitoring Mechanism](https://www.headlesslaw.com/emir/articles/23b.md) - [Article 24 — Emergency situations](https://www.headlesslaw.com/emir/articles/24.md) - [Article 24a — CCP Supervisory Committee](https://www.headlesslaw.com/emir/articles/24a.md) - [Article 24b — Consultation of central banks of issue](https://www.headlesslaw.com/emir/articles/24b.md) - [Article 24c — Decision making within the CCP Supervisory Committee](https://www.headlesslaw.com/emir/articles/24c.md) - [Article 24d — Decision making within the Board of Supervisors](https://www.headlesslaw.com/emir/articles/24d.md) - [Article 24e — Accountability](https://www.headlesslaw.com/emir/articles/24e.md) - [Article 25 — Recognition of a third-country CCP](https://www.headlesslaw.com/emir/articles/25.md) - [Article 25a — Comparable compliance](https://www.headlesslaw.com/emir/articles/25a.md) - [Article 25b — Ongoing compliance with the conditions for recognition](https://www.headlesslaw.com/emir/articles/25b.md) - [Article 25c — Third-country CCP college](https://www.headlesslaw.com/emir/articles/25c.md) - [Article 25d — Fees](https://www.headlesslaw.com/emir/articles/25d.md) - [Article 25e — Exercise of the powers referred to in Articles 25f to 25h](https://www.headlesslaw.com/emir/articles/25e.md) - [Article 25f — Request for information](https://www.headlesslaw.com/emir/articles/25f.md) - [Article 25g — General investigations](https://www.headlesslaw.com/emir/articles/25g.md) - [Article 25h — On-site inspections](https://www.headlesslaw.com/emir/articles/25h.md) - [Article 25i — Procedural rules for taking supervisory measures and imposing fines](https://www.headlesslaw.com/emir/articles/25i.md) - [Article 25j — Fines](https://www.headlesslaw.com/emir/articles/25j.md) - [Article 25k — Periodic penalty payments](https://www.headlesslaw.com/emir/articles/25k.md) - [Article 25l — Hearing of the persons concerned](https://www.headlesslaw.com/emir/articles/25l.md) - [Article 25m — Disclosure, nature, enforcement and allocation of fines and periodic penalty payments](https://www.headlesslaw.com/emir/articles/25m.md) - [Article 25n — Review by the Court of Justice](https://www.headlesslaw.com/emir/articles/25n.md) - [Article 25o — Amendments to Annexes III and IV](https://www.headlesslaw.com/emir/articles/25o.md) - [Article 25p — Withdrawal of recognition](https://www.headlesslaw.com/emir/articles/25p.md) - [Article 25q — Supervisory measures by ESMA](https://www.headlesslaw.com/emir/articles/25q.md) - [Article 26 — General provisions](https://www.headlesslaw.com/emir/articles/26.md) - [Article 27 — Senior management and the board](https://www.headlesslaw.com/emir/articles/27.md) - [Article 28 — Risk committee](https://www.headlesslaw.com/emir/articles/28.md) - [Article 29 — Record keeping](https://www.headlesslaw.com/emir/articles/29.md) - [Article 30 — Shareholders and members with qualifying holdings](https://www.headlesslaw.com/emir/articles/30.md) - [Article 31 — Information to competent authorities](https://www.headlesslaw.com/emir/articles/31.md) - [Article 32 — Assessment](https://www.headlesslaw.com/emir/articles/32.md) - [Article 33 — Conflicts of interest](https://www.headlesslaw.com/emir/articles/33.md) - [Article 34 — Business continuity](https://www.headlesslaw.com/emir/articles/34.md) - [Article 35 — Outsourcing](https://www.headlesslaw.com/emir/articles/35.md) - [Article 36 — General provisions](https://www.headlesslaw.com/emir/articles/36.md) - [Article 37 — Participation requirements](https://www.headlesslaw.com/emir/articles/37.md) - [Article 38 — Transparency](https://www.headlesslaw.com/emir/articles/38.md) - [Article 39 — Segregation and portability](https://www.headlesslaw.com/emir/articles/39.md) - [Article 40 — Exposure management](https://www.headlesslaw.com/emir/articles/40.md) - [Article 41 — Margin requirements](https://www.headlesslaw.com/emir/articles/41.md) - [Article 42 — Default fund](https://www.headlesslaw.com/emir/articles/42.md) - [Article 43 — Other financial resources](https://www.headlesslaw.com/emir/articles/43.md) - [Article 44 — Liquidity risk controls](https://www.headlesslaw.com/emir/articles/44.md) - [Article 45 — Default waterfall](https://www.headlesslaw.com/emir/articles/45.md) - [Article 45a — Temporary restrictions in the case of a significant non-default event](https://www.headlesslaw.com/emir/articles/45a.md) - [Article 46 — Collateral requirements](https://www.headlesslaw.com/emir/articles/46.md) - [Article 47 — Investment policy](https://www.headlesslaw.com/emir/articles/47.md) - [Article 48 — Default procedures](https://www.headlesslaw.com/emir/articles/48.md) - [Article 49 — Review of models, stress testing and back testing](https://www.headlesslaw.com/emir/articles/49.md) - [Article 49a — Accelerated procedure for non-significant changes to a CCP’s models and parameters](https://www.headlesslaw.com/emir/articles/49a.md) - [Article 50 — Settlement](https://www.headlesslaw.com/emir/articles/50.md) - [Article 50a — Calculation of KCCP](https://www.headlesslaw.com/emir/articles/50a.md) - [Article 50b — General rules for the calculation of KCCP](https://www.headlesslaw.com/emir/articles/50b.md) - [Article 50c — Reporting of information](https://www.headlesslaw.com/emir/articles/50c.md) - [Article 50d — Calculation of specific items to be reported by the CCP](https://www.headlesslaw.com/emir/articles/50d.md) - [Article 51 — Interoperability arrangements](https://www.headlesslaw.com/emir/articles/51.md) - [Article 52 — Risk management](https://www.headlesslaw.com/emir/articles/52.md) - [Article 53 — Provision of margins among CCPs](https://www.headlesslaw.com/emir/articles/53.md) - [Article 54 — Approval of interoperability arrangements](https://www.headlesslaw.com/emir/articles/54.md) - [Article 55 — Registration of a trade repository](https://www.headlesslaw.com/emir/articles/55.md) - [Article 56 — Application for registration](https://www.headlesslaw.com/emir/articles/56.md) - [Article 57 — Notification of and consultation with competent authorities prior to registration](https://www.headlesslaw.com/emir/articles/57.md) - [Article 58 — Examination of the application](https://www.headlesslaw.com/emir/articles/58.md) - [Article 59 — Notification of ESMA decisions relating to registration](https://www.headlesslaw.com/emir/articles/59.md) - [Article 60 — Exercise of the powers referred to in Articles 61 to 63](https://www.headlesslaw.com/emir/articles/60.md) - [Article 61 — Request for information](https://www.headlesslaw.com/emir/articles/61.md) - [Article 62 — General investigations](https://www.headlesslaw.com/emir/articles/62.md) - [Article 63 — On-site inspections](https://www.headlesslaw.com/emir/articles/63.md) - [Article 64 — Procedural rules for taking supervisory measures and imposing fines](https://www.headlesslaw.com/emir/articles/64.md) - [Article 65 — Fines](https://www.headlesslaw.com/emir/articles/65.md) - [Article 66 — Periodic penalty payments](https://www.headlesslaw.com/emir/articles/66.md) - [Article 67 — Hearing of the persons concerned](https://www.headlesslaw.com/emir/articles/67.md) - [Article 68 — Disclosure, nature, enforcement and allocation of fines and periodic penalty payments](https://www.headlesslaw.com/emir/articles/68.md) - [Article 69 — Review by the Court of Justice](https://www.headlesslaw.com/emir/articles/69.md) - [Article 70 — Amendments to Annex II](https://www.headlesslaw.com/emir/articles/70.md) - [Article 71 — Withdrawal of registration](https://www.headlesslaw.com/emir/articles/71.md) - [Article 72 — Supervisory fees](https://www.headlesslaw.com/emir/articles/72.md) - [Article 73 — Supervisory measures by ESMA](https://www.headlesslaw.com/emir/articles/73.md) - [Article 74 — Delegation of tasks by ESMA to competent authorities](https://www.headlesslaw.com/emir/articles/74.md) - [Article 75 — Equivalence and international agreements](https://www.headlesslaw.com/emir/articles/75.md) - [Article 76 — Cooperation arrangements](https://www.headlesslaw.com/emir/articles/76.md) - [Article 76a — Mutual direct access to data](https://www.headlesslaw.com/emir/articles/76a.md) - [Article 77 — Recognition of trade repositories](https://www.headlesslaw.com/emir/articles/77.md) - [Article 78 — General requirements](https://www.headlesslaw.com/emir/articles/78.md) - [Article 79 — Operational reliability](https://www.headlesslaw.com/emir/articles/79.md) - [Article 80 — Safeguarding and recording](https://www.headlesslaw.com/emir/articles/80.md) - [Article 81 — Transparency and data availability](https://www.headlesslaw.com/emir/articles/81.md) - [Article 82 — Exercise of the delegation](https://www.headlesslaw.com/emir/articles/82.md) - [Article 83 — Professional secrecy](https://www.headlesslaw.com/emir/articles/83.md) - [Article 84 — Exchange of information](https://www.headlesslaw.com/emir/articles/84.md) - [Article 85 — Reports and review](https://www.headlesslaw.com/emir/articles/85.md) - [Article 86 — Committee procedure](https://www.headlesslaw.com/emir/articles/86.md) - [Article 87 — Amendment to Directive 98/26/EC](https://www.headlesslaw.com/emir/articles/87.md) - [Article 88 — Websites](https://www.headlesslaw.com/emir/articles/88.md) - [Article 89 — Transitional provisions](https://www.headlesslaw.com/emir/articles/89.md) - [Article 90 — Staff and resources of ESMA](https://www.headlesslaw.com/emir/articles/90.md) - [Article 91 — Entry into force](https://www.headlesslaw.com/emir/articles/91.md) - [Annexes](https://www.headlesslaw.com/emir/annexes.md): The 4 annexes of Regulation (EU) No 648/2012 (EMIR). - [Annex I](https://www.headlesslaw.com/emir/annexes/annex-i.md) - [Annex II](https://www.headlesslaw.com/emir/annexes/annex-ii.md) - [Annex III](https://www.headlesslaw.com/emir/annexes/annex-iii.md) - [Annex IV](https://www.headlesslaw.com/emir/annexes/annex-iv.md) - [Level 2](https://www.headlesslaw.com/emir/level-2.md): Level 2 — EMIR (66 instruments). - [Delegated acts](https://www.headlesslaw.com/emir/level-2/delegated-acts.md): Delegated acts — EMIR (8 instruments). - [667/2014 — Delegated act — Penalties imposed on trade repositories \[in force\]](https://www.headlesslaw.com/emir/level-2/delegated-acts/667-2014-penalties-imposed-on-trade-repositories.md) - [1003/2013 — Delegated act — Fees charged to trade repositories \[in force\]](https://www.headlesslaw.com/emir/level-2/delegated-acts/1003-2013-fees-charged-to-trade-repositories.md) - [2020/1302 — Delegated act — Fees charged to central counterparties \[in force\]](https://www.headlesslaw.com/emir/level-2/delegated-acts/2020-1302-fees-charged-to-central-counterparties.md) - [2020/1303 — Delegated act — Whether a central counterparty is systemically important \[in force\]](https://www.headlesslaw.com/emir/level-2/delegated-acts/2020-1303-whether-a-central-counterparty-is-systemically-important.md) - [2020/1304 — Delegated act — Requests for comparable compliance of third-country CCPs \[in force\]](https://www.headlesslaw.com/emir/level-2/delegated-acts/2020-1304-requests-for-comparable-compliance-of-third-country-ccps.md) - [2021/731 — Delegated act — Penalties imposed on third-country central counterparties \[in force\]](https://www.headlesslaw.com/emir/level-2/delegated-acts/2021-731-penalties-imposed-on-third-country-central-counterparties.md) - [2021/1456 — Delegated act — Commercial terms for clearing services \[in force\]](https://www.headlesslaw.com/emir/level-2/delegated-acts/2021-1456-commercial-terms-for-clearing-services.md) - [2026/1000 — Delegated act — Fees charged for the validation of pro forma models \[in force\]](https://www.headlesslaw.com/emir/level-2/delegated-acts/2026-1000-fees-charged-for-the-validation-of-pro-forma-models.md) - [Regulatory technical standards (RTS)](https://www.headlesslaw.com/emir/level-2/rts.md): Regulatory technical standards (RTS) — EMIR (15 instruments). - [149/2013 — RTS — Indirect clearing, clearing obligation, public register \[in force\]](https://www.headlesslaw.com/emir/level-2/rts/149-2013-indirect-clearing-clearing-obligation-public-register.md) - [150/2013 — RTS — Details of the application for registration as a trade repository \[in force\]](https://www.headlesslaw.com/emir/level-2/rts/150-2013-details-of-the-application-for-registration-as-a-trade-repository.md) - [151/2013 — RTS — Data to be published and made available by trade repositories \[in force\]](https://www.headlesslaw.com/emir/level-2/rts/151-2013-data-to-be-published-and-made-available-by-trade-repositories.md) - [152/2013 — RTS — Capital requirements for central counterparties \[in force\]](https://www.headlesslaw.com/emir/level-2/rts/152-2013-capital-requirements-for-central-counterparties.md) - [153/2013 — RTS — Requirements for central counterparties \[in force\]](https://www.headlesslaw.com/emir/level-2/rts/153-2013-requirements-for-central-counterparties.md) - [285/2014 — RTS — Direct, substantial and foreseeable effect of contracts \[in force\]](https://www.headlesslaw.com/emir/level-2/rts/285-2014-direct-substantial-and-foreseeable-effect-of-contracts.md) - [876/2013 — RTS — Colleges for central counterparties \[in force\]](https://www.headlesslaw.com/emir/level-2/rts/876-2013-colleges-for-central-counterparties.md) - [2015/2205 — RTS — Clearing obligation \[in force\]](https://www.headlesslaw.com/emir/level-2/rts/2015-2205-clearing-obligation.md) - [2016/592 — RTS — Clearing obligation \[in force\]](https://www.headlesslaw.com/emir/level-2/rts/2016-592-clearing-obligation.md) - [2016/1178 — RTS — Clearing obligation \[in force\]](https://www.headlesslaw.com/emir/level-2/rts/2016-1178-clearing-obligation.md) - [2016/2251 — RTS — Risk-mitigation techniques for OTC derivative contracts \[in force\]](https://www.headlesslaw.com/emir/level-2/rts/2016-2251-risk-mitigation-techniques-for-otc-derivative-contracts.md) - [2020/447 — RTS — Covered bonds and securitisations \[in force\]](https://www.headlesslaw.com/emir/level-2/rts/2020-447-covered-bonds-and-securitisations.md) - [2022/1855 — RTS — Minimum details of the data to be reported to trade repositories \[in force\]](https://www.headlesslaw.com/emir/level-2/rts/2022-1855-minimum-details-of-the-data-to-be-reported-to-trade-repositories.md) - [2022/1858 — RTS — Reconciliation of data between trade repositories \[in force\]](https://www.headlesslaw.com/emir/level-2/rts/2022-1858-reconciliation-of-data-between-trade-repositories.md) - [2026/305 — RTS — Operational conditions related to the active account requirement \[in force\]](https://www.headlesslaw.com/emir/level-2/rts/2026-305-operational-conditions-related-to-the-active-account-requirement.md) - [Implementing technical standards (ITS)](https://www.headlesslaw.com/emir/level-2/its.md): Implementing technical standards (ITS) — EMIR (4 instruments). - [484/2014 — ITS — Hypothetical capital of a central counterparty \[in force\]](https://www.headlesslaw.com/emir/level-2/its/484-2014-hypothetical-capital-of-a-central-counterparty.md) - [1248/2012 — ITS — Format of applications for registration of trade repositories \[in force\]](https://www.headlesslaw.com/emir/level-2/its/1248-2012-format-of-applications-for-registration-of-trade-repositories.md) - [1249/2012 — ITS — Format of the records to be maintained by central counterparties \[in force\]](https://www.headlesslaw.com/emir/level-2/its/1249-2012-format-of-the-records-to-be-maintained-by-central-counterparties.md) - [2022/1860 — ITS — Standards, formats, frequency and methods and arrangements \[in force\]](https://www.headlesslaw.com/emir/level-2/its/2022-1860-standards-formats-frequency-and-methods-and-arrangements.md) - [Implementing acts](https://www.headlesslaw.com/emir/level-2/implementing-acts.md): Implementing acts — EMIR (39 instruments). - [2014/752 — Decision — Equivalence: Japan \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2014-752-equivalence-japan.md) - [2014/753 — Decision — Equivalence: Singapore \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2014-753-equivalence-singapore.md) - [2014/754 — Decision — Equivalence: Hong Kong \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2014-754-equivalence-hong-kong.md) - [2014/755 — Decision — Equivalence: Australia \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2014-755-equivalence-australia.md) - [2015/2038 — Decision — Equivalence: the Republic of Korea \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2015-2038-equivalence-the-republic-of-korea.md) - [2015/2039 — Decision — Equivalence: South Africa \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2015-2039-equivalence-south-africa.md) - [2015/2040 — Decision — Equivalence: certain provinces of Canada \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2015-2040-equivalence-certain-provinces-of-canada.md) - [2015/2041 — Decision — Equivalence: Mexico \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2015-2041-equivalence-mexico.md) - [2015/2042 — Decision — Equivalence: Switzerland \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2015-2042-equivalence-switzerland.md) - [2016/377 — Decision — Equivalence: Commodity Futures Trading Commission \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2016-377-equivalence-commodity-futures-trading-commission.md) - [2016/1073 — Decision — Equivalence: designated contract markets in the United States \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2016-1073-equivalence-designated-contract-markets-in-the-united-states.md) - [2016/2269 — Decision — Equivalence: central counterparties in India \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2016-2269-equivalence-central-counterparties-in-india.md) - [2016/2270 — Decision — Equivalence: approved exchanges in Singapore \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2016-2270-equivalence-approved-exchanges-in-singapore.md) - [2016/2271 — Decision — Financial instrument and commodity exchanges in Japan \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2016-2271-financial-instrument-and-commodity-exchanges-in-japan.md) - [2016/2272 — Decision — Equivalence: financial markets in Australia \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2016-2272-equivalence-financial-markets-in-australia.md) - [2016/2273 — Decision — Equivalence: recognised exchanges in Canada \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2016-2273-equivalence-recognised-exchanges-in-canada.md) - [2016/2274 — Decision — Equivalence: central counterparties in New Zealand \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2016-2274-equivalence-central-counterparties-in-new-zealand.md) - [2016/2275 — Decision — Equivalence: central counterparties in Japan \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2016-2275-equivalence-central-counterparties-in-japan.md) - [2016/2276 — Decision — Equivalence: central counterparties in Brazil \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2016-2276-equivalence-central-counterparties-in-brazil.md) - [2016/2277 — Decision — Equivalence: Dubai International Financial Centre \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2016-2277-equivalence-dubai-international-financial-centre.md) - [2016/2278 — Decision — Equivalence: the United Arab Emirates \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2016-2278-equivalence-the-united-arab-emirates.md) - [2017/1857 — Decision — Recognition: Commodity Futures Trading Commission \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2017-1857-recognition-commodity-futures-trading-commission.md) - [2019/684 — Decision — Recognition: Japan \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2019-684-recognition-japan.md) - [2021/85 — Decision — Equivalence: U.S. Securities and Exchange Commission \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2021-85-equivalence-u-s-securities-and-exchange-commission.md) - [2021/1103 — Decision — Recognition: Brazil \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2021-1103-recognition-brazil.md) - [2021/1104 — Decision — Recognition: Canada \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2021-1104-recognition-canada.md) - [2021/1105 — Decision — Recognition: Singapore \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2021-1105-recognition-singapore.md) - [2021/1106 — Decision — Recognition: Australia \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2021-1106-recognition-australia.md) - [2021/1107 — Decision — Recognition: Hong Kong \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2021-1107-recognition-hong-kong.md) - [2021/1108 — Decision — Recognition: the United States of America \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2021-1108-recognition-the-united-states-of-america.md) - [2022/552 — Decision — National securities exchanges of the United States of America \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2022-552-national-securities-exchanges-of-the-united-states-of-america.md) - [2022/899 — Decision — Equivalence: central counterparties in Indonesia \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2022-899-equivalence-central-counterparties-in-indonesia.md) - [2022/902 — Decision — Equivalence: central counterparties in Malaysia \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2022-902-equivalence-central-counterparties-in-malaysia.md) - [2022/903 — Decision — Equivalence: central counterparties in Chile \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2022-903-equivalence-central-counterparties-in-chile.md) - [2022/984 — Decision — Equivalence: the People’s Republic of China \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2022-984-equivalence-the-peoples-republic-of-china.md) - [2022/985 — Decision — Equivalence: central counterparties in Israel \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2022-985-equivalence-central-counterparties-in-israel.md) - [2022/1683 — Decision — Equivalence: central counterparties in Colombia \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2022-1683-equivalence-central-counterparties-in-colombia.md) - [2022/1684 — Decision — Equivalence: central counterparties in Taiwan \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2022-1684-equivalence-central-counterparties-in-taiwan.md) - [2025/215 — Decision — Central counterparties in the United Kingdom \[in force\]](https://www.headlesslaw.com/emir/level-2/implementing-acts/2025-215-central-counterparties-in-the-united-kingdom.md) - [Level 3](https://www.headlesslaw.com/emir/level-3.md): Level 3 — EMIR (96 instruments). - [Guidelines](https://www.headlesslaw.com/emir/level-3/guidelines.md): Guidelines — EMIR (13 instruments). - [ESMA/2013/322 — Guideline — Assessments of interoperability arrangements \[final\]](https://www.headlesslaw.com/emir/level-3/guidelines/esma-2013-322-assessments-of-interoperability-arrangements.md) - [ESMA/2014/1133 — Guideline — CPSS-IOSCO Principles for Financial Market Infrastructures \[final\]](https://www.headlesslaw.com/emir/level-3/guidelines/esma-2014-1133-cpss-iosco-principles-for-financial-market-infrastructures.md) - [ESMA12-2121844265-3254 — Guideline — Position calculation under EMIR Refit \[final\]](https://www.headlesslaw.com/emir/level-3/guidelines/esma12-2121844265-3254-position-calculation-under-emir-refit.md) - [ESMA70-151-1116 — Guideline — Transfer of data between Trade Repositories \[final\]](https://www.headlesslaw.com/emir/level-3/guidelines/esma70-151-1116-transfer-of-data-between-trade-repositories.md) - [ESMA70-151-1439 — Guideline — CCP conflict of interest management \[final\]](https://www.headlesslaw.com/emir/level-3/guidelines/esma70-151-1439-ccp-conflict-of-interest-management.md) - [ESMA70-151-1496 — Guideline — Anti-Procyclicality Margin Measures \[final\]](https://www.headlesslaw.com/emir/level-3/guidelines/esma70-151-1496-anti-procyclicality-margin-measures.md) - [ESMA70-151-3374 — Guideline — Supervisory review and evaluation process of CCPs \[final\]](https://www.headlesslaw.com/emir/level-3/guidelines/esma70-151-3374-supervisory-review-and-evaluation-process-of-ccps.md) - [ESMA70-151-3431 — Guideline — Written agreements between members of CCP colleges \[final\]](https://www.headlesslaw.com/emir/level-3/guidelines/esma70-151-3431-written-agreements-between-members-of-ccp-colleges.md) - [ESMA74-362-2281 — Guideline — Reporting under EMIR \[final\]](https://www.headlesslaw.com/emir/level-3/guidelines/esma74-362-2281-reporting-under-emir.md) - [ESMA74-362-2351 — Guideline — Transfer of data under EMIR and SFTR \[final\]](https://www.headlesslaw.com/emir/level-3/guidelines/esma74-362-2351-transfer-of-data-under-emir-and-sftr.md) - [ESMA80-634726060-3082 — Guideline — Internal Controls \[final\]](https://www.headlesslaw.com/emir/level-3/guidelines/esma80-634726060-3082-internal-controls.md) - [ESMA80-634726060-3085 — Guideline — Submission of periodic information to ESMA \[final\]](https://www.headlesslaw.com/emir/level-3/guidelines/esma80-634726060-3085-submission-of-periodic-information-to-esma.md) - [ESMA91-372-1704 — Guideline — Temporary restrictions, significant non-default event \[final\]](https://www.headlesslaw.com/emir/level-3/guidelines/esma91-372-1704-temporary-restrictions-significant-non-default-event.md) - [Q\&A](https://www.headlesslaw.com/emir/level-3/q-and-a.md): Q\&A — EMIR (74 instruments). - [EBA](https://www.headlesslaw.com/emir/level-3/q-and-a/eba.md): EBA — EMIR (2 instruments). - [2017\_3511 — Q\&A — Scope of the Covered Bond Exemption \[Final Q\&A\]](https://www.headlesslaw.com/emir/level-3/q-and-a/eba/eba-qa-2017-3511-scope-of-the-covered-bond-exemption.md) - [EBA Q\&A 2026\_7937 — Q\&A — Treatment of bank guarantees posted by clearing \[Rejected question\]](https://www.headlesslaw.com/emir/level-3/q-and-a/eba/eba-qa-2026-7937-treatment-of-bank-guarantees-posted-by-clearing-members-as.md) - [ESMA](https://www.headlesslaw.com/emir/level-3/q-and-a/esma.md): ESMA — EMIR (71 instruments). - [ESMA Q\&A 604 — Q\&A — CCP collateral requirements \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-604-ccp-collateral-requirements.md) - [ESMA Q\&A 661 — Q\&A — Collateral requirements and recording of client assets \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-661-collateral-requirements-and-recording-of-client-assets.md) - [ESMA Q\&A 848 — Q\&A — Most relevant currencies for the determination \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-848-most-relevant-currencies-for-the-determination.md) - [ESMA Q\&A 849 — Q\&A — Most relevant currencies for the determination \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-849-most-relevant-currencies-for-the-determination.md) - [ESMA Q\&A 850 — Q\&A — Default management (old CCP question 3 dated 4/02/2016) \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-850-default-management-old-ccp-question-3-dated-4-02-2016.md) - [ESMA Q\&A 851 — Q\&A — Default management (old CCP question 3 dated 4/02/2016) \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-851-default-management-old-ccp-question-3-dated-4-02-2016.md) - [ESMA Q\&A 852 — Q\&A — Article 47 of EMIR – Deposit of financial instruments \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-852-article-47-of-emir-deposit-of-financial-instruments.md) - [ESMA Q\&A 861 — Q\&A — Authorisation of a CCP \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-861-authorisation-of-a-ccp.md) - [ESMA Q\&A 862 — Q\&A — Capital (old CCP question 7 dated 4/06/2013) \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-862-capital-old-ccp-question-7-dated-4-06-2013.md) - [ESMA Q\&A 863 — Q\&A — Segregation and portability \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-863-segregation-and-portability.md) - [ESMA Q\&A 864 — Q\&A — Margin requirements \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-864-margin-requirements.md) - [ESMA Q\&A 865 — Q\&A — Outsourcing (old CCP question 10 dated 4/06/2013) \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-865-outsourcing-old-ccp-question-10-dated-4-06-2013.md) - [ESMA Q\&A 876 — Q\&A — Investment Policy \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-876-investment-policy.md) - [ESMA Q\&A 880 — Q\&A — Default Fund (old CCP question 12 dated 11/02/2014) \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-880-default-fund-old-ccp-question-12-dated-11-02-2014.md) - [ESMA Q\&A 882 — Q\&A — Organisational requirements \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-882-organisational-requirements.md) - [ESMA Q\&A 883 — Q\&A — Definitions (old CCP question 14 dated 5/08/2013) \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-883-definitions-old-ccp-question-14-dated-5-08-2013.md) - [ESMA Q\&A 884 — Q\&A — Allocation of additional resources \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-884-allocation-of-additional-resources.md) - [ESMA Q\&A 885 — Q\&A — Transparency (old CCP question 16 dated 11/02/2014) \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-885-transparency-old-ccp-question-16-dated-11-02-2014.md) - [ESMA Q\&A 886 — Q\&A — Limited exposures of Clearing Members \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-886-limited-exposures-of-clearing-members.md) - [ESMA Q\&A 887 — Q\&A — Use of margins posted by non-defaulted Clearing Members \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-887-use-of-margins-posted-by-non-defaulted-clearing-members.md) - [ESMA Q\&A 888 — Q\&A — Application of the exemptions to Title IV of EMIR \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-888-application-of-the-exemptions-to-title-iv-of-emir.md) - [ESMA Q\&A 889 — Q\&A — Risk Committee (old CCP question 20 dated 21/05/2014) \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-889-risk-committee-old-ccp-question-20-dated-21-05-2014.md) - [ESMA Q\&A 890 — Q\&A — Prudential Requirements \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-890-prudential-requirements.md) - [ESMA Q\&A 891 — Q\&A — Ongoing monitoring of collateral requirements \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-891-ongoing-monitoring-of-collateral-requirements.md) - [ESMA Q\&A 892 — Q\&A — Access model (old CCP question 23 dated 7/01/2020) \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-892-access-model-old-ccp-question-23-dated-7-01-2020.md) - [ESMA Q\&A 893 — Q\&A — Review of models, Stress-testing and back-testing \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-893-review-of-models-stress-testing-and-back-testing.md) - [ESMA Q\&A 924 — Q\&A — Mark-To-Market value reporting \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-924-mark-to-market-value-reporting.md) - [ESMA Q\&A 1461 — Q\&A — EMIR Q\&As on Reporting of Corrections of Transactions \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-1461-emir-q-as-on-reporting-of-corrections-of-transactions.md) - [ESMA Q\&A 1973 — Q\&A — Sanctions regime of International Investment Bank \[Question Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-1973-sanctions-regime-of-international-investment-bank.md) - [ESMA Q\&A 2010 — Q\&A — Calibration of confidence interval for CCP margin \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2010-calibration-of-confidence-interval-for-ccp-margin.md) - [ESMA Q\&A 2050 — Q\&A — Hedging definition and virtual power purchase \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2050-hedging-definition-and-virtual-power-purchase.md) - [ESMA Q\&A 2092 — Q\&A — Reporting under STM/CTM model \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2092-reporting-under-stm-ctm-model.md) - [ESMA Q\&A 2093 — Q\&A — Update of the client codes \[Question Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2093-update-of-the-client-codes.md) - [ESMA Q\&A 2094 — Q\&A — Reporting of a Counterparty falling within scope \[Question Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2094-reporting-of-a-counterparty-falling-within-scope-of-article.md) - [ESMA Q\&A 2095 — Q\&A — Portability of Schedules \[Question Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2095-portability-of-schedules.md) - [ESMA Q\&A 2096 — Q\&A — Subsidiaries \[Question Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2096-subsidiaries.md) - [ESMA Q\&A 2202 — Q\&A — Reporting of accumulator contracts \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2202-reporting-of-accumulator-contracts.md) - [ESMA Q\&A 2203 — Q\&A — Reporting of price field at position level \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2203-reporting-of-price-field-at-position-level.md) - [ESMA Q\&A 2418 — Q\&A — AAR threshold calculation \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2418-aar-threshold-calculation.md) - [ESMA Q\&A 2441 — Q\&A — Assessment of significance for the purpose \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2441-assessment-of-significance-for-the-purpose.md) - [ESMA Q\&A 2442 — Q\&A — Reporting of Settlement Rate Options \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2442-reporting-of-settlement-rate-options.md) - [ESMA Q\&A 2506 — Q\&A — Active Account Requirement \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2506-active-account-requirement.md) - [ESMA Q\&A 2507 — Q\&A — Active Account Requirement \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2507-active-account-requirement.md) - [ESMA Q\&A 2508 — Q\&A — Active Account Requirement \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2508-active-account-requirement.md) - [ESMA Q\&A 2509 — Q\&A — Active Account Requirement \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2509-active-account-requirement.md) - [ESMA Q\&A 2510 — Q\&A — Active Account Requirement \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2510-active-account-requirement.md) - [ESMA Q\&A 2511 — Q\&A — Active Account Requirement \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2511-active-account-requirement.md) - [ESMA Q\&A 2512 — Q\&A — Active Account Requirement \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2512-active-account-requirement.md) - [ESMA Q\&A 2513 — Q\&A — Active Account Requirement \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2513-active-account-requirement.md) - [ESMA Q\&A 2514 — Q\&A — Active Account Requirement \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2514-active-account-requirement.md) - [ESMA Q\&A 2515 — Q\&A — Active Account Requirement \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2515-active-account-requirement.md) - [ESMA Q\&A 2516 — Q\&A — Active Account Requirement \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2516-active-account-requirement.md) - [ESMA Q\&A 2517 — Q\&A — Active Account Requirement \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2517-active-account-requirement.md) - [ESMA Q\&A 2518 — Q\&A — Active Account Requirement \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2518-active-account-requirement.md) - [ESMA Q\&A 2519 — Q\&A — Active Account Requirement \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2519-active-account-requirement.md) - [ESMA Q\&A 2626 — Q\&A — Reporting of the representativeness obligation \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2626-reporting-of-the-representativeness-obligation.md) - [ESMA Q\&A 2630 — Q\&A — EMIR 3.0 Active Account Requirement and Reporting \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2630-emir-3-0-active-account-requirement-and-reporting.md) - [ESMA Q\&A 2660 — Q\&A — Notification of Errors and Omissions related \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2660-notification-of-errors-and-omissions-related.md) - [ESMA Q\&A 2689 — Q\&A — CCP / clearing-like \[Forwarded to EC/Public Consultation/Other\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2689-ccp-clearing-like-activities.md) - [ESMA Q\&A 2776 — Q\&A — AAR representativeness obligation \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2776-aar-representativeness-obligation.md) - [ESMA Q\&A 2777 — Q\&A — AAR representativeness obligation \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2777-aar-representativeness-obligation.md) - [ESMA Q\&A 2778 — Q\&A — AAR stress testing \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2778-aar-stress-testing.md) - [ESMA Q\&A 2779 — Q\&A — AAR threshold calculation \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2779-aar-threshold-calculation.md) - [ESMA Q\&A 2810 — Q\&A — Scope of reporting under Article 7d of EMIR \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2810-scope-of-reporting-under-article-7d-of-emir.md) - [ESMA Q\&A 2811 — Q\&A — EMIR Article 7d \[Forwarded to EC/Public Consultation/Other\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2811-emir-article-7d.md) - [ESMA Q\&A 2831 — Q\&A — Treatment of assets \[Forwarded to EC/Public Consultation/Other\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2831-treatment-of-assets-and-positions-of-affiliates-of-a.md) - [ESMA Q\&A 2867 — Q\&A — Impact of the new clearing \[Forwarded to EC/Public Consultation/Other\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2867-impact-of-the-new-clearing-obligation-thresholds-on-the-aar.md) - [ESMA Q\&A 2872 — Q\&A — AAR representativeness \[Forwarded to EC/Public Consultation/Other\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2872-aar-representativeness-and-intragroup-transactions.md) - [ESMA Q\&A 2936 — Q\&A — AAR 85% exemption \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2936-aar-85-exemption.md) - [ESMA Q\&A 2937 — Q\&A — AAR thresholds caclulation \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2937-aar-thresholds-caclulation.md) - [ESMA Q\&A 2938 — Q\&A — AAR representativeness obligation \[Answer Published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2938-aar-representativeness-obligation.md) - [joint-esas](https://www.headlesslaw.com/emir/level-3/q-and-a/joint-esas.md): joint-esas — EMIR (1 instrument). - [ESA 2021 12 — Q\&A — Exchange of collateral \[published\]](https://www.headlesslaw.com/emir/level-3/q-and-a/joint-esas/esa-2021-12-exchange-of-collateral.md) - [Opinions](https://www.headlesslaw.com/emir/level-3/opinions.md): Opinions — EMIR (7 instruments). - [EBA/Op/2024/09 — Opinion — Initial Margin models under EMIR 3 \[published\]](https://www.headlesslaw.com/emir/level-3/opinions/eba-op-2024-09-initial-margin-models-under-emir-3.md) - [ESMA/2014/576 — Opinion — Voting Procedures for CCP colleges \[published\]](https://www.headlesslaw.com/emir/level-3/opinions/esma-2014-576-voting-procedures-for-ccp-colleges.md) - [ESMA/2015/838 — Opinion — Composition of CCP colleges \[published\]](https://www.headlesslaw.com/emir/level-3/opinions/esma-2015-838-composition-of-ccp-colleges.md) - [ESMA/2016/1574 — Opinion — Common indicators under Article 15 and Article 49 \[published\]](https://www.headlesslaw.com/emir/level-3/opinions/esma-2016-1574-common-indicators-under-article-15-and-article-49.md) - [ESMA70-151-1149 — Opinion — CCP Liquidity Risk Assessment \[published\]](https://www.headlesslaw.com/emir/level-3/opinions/esma70-151-1149-ccp-liquidity-risk-assessment.md) - [ESMA70-708036281-18 — Opinion — Portfolio margining requirements \[published\]](https://www.headlesslaw.com/emir/level-3/opinions/esma70-708036281-18-portfolio-margining-requirements.md) - [ESMA91-372-2811 — Opinion — CCP back testing requirements \[published\]](https://www.headlesslaw.com/emir/level-3/opinions/esma91-372-2811-ccp-back-testing-requirements.md) - [Statements](https://www.headlesslaw.com/emir/level-3/statements.md): Statements — EMIR (1 instrument). - [ESMA91-1505572268-4536 — Statement — Upcoming reporting obligations under EMIR 3 \[published\]](https://www.headlesslaw.com/emir/level-3/statements/esma91-1505572268-4536-upcoming-reporting-obligations-under-emir-3.md) - [Decisions and templates](https://www.headlesslaw.com/emir/level-3/decisions-and-templates.md): Decisions and templates — EMIR (1 instrument). - [EBA/DC/610 — Decision — Initial Margin Model Validation under EMIR for ISDA SIMM \[published\]](https://www.headlesslaw.com/emir/level-3/decisions-and-templates/eba-dc-610-isda-simm-validation-arrangements.md) ## AMLR - [AMLR](https://www.headlesslaw.com/amlr/readme.md) - [Chapters](https://www.headlesslaw.com/amlr/chapters.md): The 9 chapters of Regulation (EU) 2024/1624 (AMLR). - [Chapter I — General provisions](https://www.headlesslaw.com/amlr/chapters/i.md): Articles 1–8 of Regulation (EU) 2024/1624 (AMLR). - [Chapter II — Internal policies, procedures and controls of obliged entities](https://www.headlesslaw.com/amlr/chapters/ii.md): Articles 9–18 of Regulation (EU) 2024/1624 (AMLR). - [Chapter III — Customer due diligence](https://www.headlesslaw.com/amlr/chapters/iii.md): Articles 19–50 of Regulation (EU) 2024/1624 (AMLR). - [Chapter IV — Beneficial ownership transparency](https://www.headlesslaw.com/amlr/chapters/iv.md): Articles 51–68 of Regulation (EU) 2024/1624 (AMLR). - [Chapter V — Reporting obligations](https://www.headlesslaw.com/amlr/chapters/v.md): Articles 69–74 of Regulation (EU) 2024/1624 (AMLR). - [Chapter VI — Information sharing](https://www.headlesslaw.com/amlr/chapters/vi.md): Article 75 of Regulation (EU) 2024/1624 (AMLR). - [Chapter VII — Data protection and record retention](https://www.headlesslaw.com/amlr/chapters/vii.md): Articles 76–78 of Regulation (EU) 2024/1624 (AMLR). - [Chapter VIII — Measures to mitigate risks deriving from anonymous instruments](https://www.headlesslaw.com/amlr/chapters/viii.md): Articles 79–80 of Regulation (EU) 2024/1624 (AMLR). - [Chapter IX — Final provisions](https://www.headlesslaw.com/amlr/chapters/ix.md): Articles 81–90 of Regulation (EU) 2024/1624 (AMLR). - [Articles](https://www.headlesslaw.com/amlr/articles.md): All 90 articles of Regulation (EU) 2024/1624 (AMLR), one page each. - [Article 1 — Subject matter](https://www.headlesslaw.com/amlr/articles/1.md) - [Article 2 — Definitions](https://www.headlesslaw.com/amlr/articles/2.md) - [Article 3 — Obliged entities](https://www.headlesslaw.com/amlr/articles/3.md) - [Article 4 — Exemptions for certain providers of gambling services](https://www.headlesslaw.com/amlr/articles/4.md) - [Article 5 — Exemptions for certain professional football clubs](https://www.headlesslaw.com/amlr/articles/5.md) - [Article 6 — Exemptions for certain financial activities](https://www.headlesslaw.com/amlr/articles/6.md) - [Article 7 — Prior notification of exemptions](https://www.headlesslaw.com/amlr/articles/7.md) - [Article 8 — Notification of cross-border operations and application of national law](https://www.headlesslaw.com/amlr/articles/8.md) - [Article 9 — Scope of internal policies, procedures and controls](https://www.headlesslaw.com/amlr/articles/9.md) - [Article 10 — Business-wide risk assessment](https://www.headlesslaw.com/amlr/articles/10.md) - [Article 11 — Compliance functions](https://www.headlesslaw.com/amlr/articles/11.md) - [Article 12 — Awareness of requirements](https://www.headlesslaw.com/amlr/articles/12.md) - [Article 13 — Integrity of employees](https://www.headlesslaw.com/amlr/articles/13.md) - [Article 14 — Reporting of breaches and protection of reporting persons](https://www.headlesslaw.com/amlr/articles/14.md) - [Article 15 — Situation of specific employees](https://www.headlesslaw.com/amlr/articles/15.md) - [Article 16 — Group-wide requirements](https://www.headlesslaw.com/amlr/articles/16.md) - [Article 17 — Branches and subsidiaries in third countries](https://www.headlesslaw.com/amlr/articles/17.md) - [Article 18 — Outsourcing](https://www.headlesslaw.com/amlr/articles/18.md) - [Article 19 — Application of customer due diligence measures](https://www.headlesslaw.com/amlr/articles/19.md) - [Article 20 — Customer due diligence measures](https://www.headlesslaw.com/amlr/articles/20.md) - [Article 21 — Inability to comply with the requirement to apply customer due diligence measures](https://www.headlesslaw.com/amlr/articles/21.md) - [Article 22 — Identification and verification of the identity of customers and beneficial owners](https://www.headlesslaw.com/amlr/articles/22.md) - [Article 23 — Timing of the verification of the customer and beneficial owner identity](https://www.headlesslaw.com/amlr/articles/23.md) - [Article 24 — Reporting of discrepancies with information contained in beneficial ownership registers](https://www.headlesslaw.com/amlr/articles/24.md) - [Article 25 — Identification of the purpose and intended nature of a business relationship or occasional transaction](https://www.headlesslaw.com/amlr/articles/25.md) - [Article 26 — Ongoing monitoring of the business relationship and monitoring of transactions performed by customers](https://www.headlesslaw.com/amlr/articles/26.md) - [Article 27 — Temporary measures for customers subject to UN financial sanctions](https://www.headlesslaw.com/amlr/articles/27.md) - [Article 28 — Regulatory technical standards on the information necessary for the performance of customer due diligence](https://www.headlesslaw.com/amlr/articles/28.md) - [Article 29 — Identification of third countries with significant strategic deficiencies in their national AML/CFT regimes](https://www.headlesslaw.com/amlr/articles/29.md) - [Article 30 — Identification of third countries with compliance weaknesses in their national AML/CFT regimes](https://www.headlesslaw.com/amlr/articles/30.md) - [Article 31 — Identification of third countries posing a specific and serious threat to the Union’s financial system](https://www.headlesslaw.com/amlr/articles/31.md) - [Article 32 — Guidelines on money laundering and terrorist financing risks, trends and methods](https://www.headlesslaw.com/amlr/articles/32.md) - [Article 33 — Simplified due diligence measures](https://www.headlesslaw.com/amlr/articles/33.md) - [Article 34 — Scope of application of enhanced due diligence measures](https://www.headlesslaw.com/amlr/articles/34.md) - [Article 35 — Countermeasures to mitigate money laundering and terrorist financing threats from outside the Union](https://www.headlesslaw.com/amlr/articles/35.md) - [Article 36 — Specific enhanced due diligence measures for cross-border correspondent relationships](https://www.headlesslaw.com/amlr/articles/36.md) - [Article 37 — Specific enhanced due diligence measures for cross-border correspondent relationships for crypto-asset service providers](https://www.headlesslaw.com/amlr/articles/37.md) - [Article 38 — Specific measures for individual third-country respondent institutions](https://www.headlesslaw.com/amlr/articles/38.md) - [Article 39 — Prohibition of correspondent relationships with shell institutions](https://www.headlesslaw.com/amlr/articles/39.md) - [Article 40 — Measures to mitigate risks in relation to transactions with a self-hosted address](https://www.headlesslaw.com/amlr/articles/40.md) - [Article 41 — Specific provisions regarding applicants for residence by investment schemes](https://www.headlesslaw.com/amlr/articles/41.md) - [Article 42 — Specific provisions regarding politically exposed persons](https://www.headlesslaw.com/amlr/articles/42.md) - [Article 43 — List of prominent public functions](https://www.headlesslaw.com/amlr/articles/43.md) - [Article 44 — Politically exposed persons who are beneficiaries of insurance policies](https://www.headlesslaw.com/amlr/articles/44.md) - [Article 45 — Measures for persons who cease to be politically exposed persons](https://www.headlesslaw.com/amlr/articles/45.md) - [Article 46 — Family members and persons known to be close associates of politically exposed persons](https://www.headlesslaw.com/amlr/articles/46.md) - [Article 47 — Specifications for the life and other investment-related insurance sector](https://www.headlesslaw.com/amlr/articles/47.md) - [Article 48 — General provisions relating to reliance on other obliged entities](https://www.headlesslaw.com/amlr/articles/48.md) - [Article 49 — Process of reliance on another obliged entity](https://www.headlesslaw.com/amlr/articles/49.md) - [Article 50 — Guidelines on reliance on other obliged entities](https://www.headlesslaw.com/amlr/articles/50.md) - [Article 51 — Identification of beneficial owners for legal entities](https://www.headlesslaw.com/amlr/articles/51.md) - [Article 52 — Beneficial ownership through ownership interest](https://www.headlesslaw.com/amlr/articles/52.md) - [Article 53 — Beneficial ownership through control](https://www.headlesslaw.com/amlr/articles/53.md) - [Article 54 — Coexistence of ownership interest and control in the ownership structure](https://www.headlesslaw.com/amlr/articles/54.md) - [Article 55 — Ownership structures involving legal arrangements or similar legal entities](https://www.headlesslaw.com/amlr/articles/55.md) - [Article 56 — Notifications](https://www.headlesslaw.com/amlr/articles/56.md) - [Article 57 — Identification of beneficial owners for legal entities similar to express trust](https://www.headlesslaw.com/amlr/articles/57.md) - [Article 58 — Identification of beneficial owners for express trusts and similar legal arrangements](https://www.headlesslaw.com/amlr/articles/58.md) - [Article 59 — Identification of a class of beneficiaries](https://www.headlesslaw.com/amlr/articles/59.md) - [Article 60 — Identification of objects of a power and default takers in discretionary trusts](https://www.headlesslaw.com/amlr/articles/60.md) - [Article 61 — Identification of beneficial owners of collective investment undertakings](https://www.headlesslaw.com/amlr/articles/61.md) - [Article 62 — Beneficial ownership information](https://www.headlesslaw.com/amlr/articles/62.md) - [Article 63 — Obligations of legal entities](https://www.headlesslaw.com/amlr/articles/63.md) - [Article 64 — Trustee obligations](https://www.headlesslaw.com/amlr/articles/64.md) - [Article 65 — Exceptions to obligations of legal entities and legal arrangements](https://www.headlesslaw.com/amlr/articles/65.md) - [Article 66 — Nominee obligations](https://www.headlesslaw.com/amlr/articles/66.md) - [Article 67 — Foreign legal entities and foreign legal arrangements](https://www.headlesslaw.com/amlr/articles/67.md) - [Article 68 — Penalties](https://www.headlesslaw.com/amlr/articles/68.md) - [Article 69 — Reporting of suspicions](https://www.headlesslaw.com/amlr/articles/69.md) - [Article 70 — Specific provisions for reporting of suspicions by certain categories of obliged entities](https://www.headlesslaw.com/amlr/articles/70.md) - [Article 71 — Refraining from carrying out transactions](https://www.headlesslaw.com/amlr/articles/71.md) - [Article 72 — Disclosure to FIU](https://www.headlesslaw.com/amlr/articles/72.md) - [Article 73 — Prohibition of disclosure](https://www.headlesslaw.com/amlr/articles/73.md) - [Article 74 — Threshold-based reports of transactions in certain high-value goods](https://www.headlesslaw.com/amlr/articles/74.md) - [Article 75 — Exchange of information in the framework of partnerships for information sharing](https://www.headlesslaw.com/amlr/articles/75.md) - [Article 76 — Processing of personal data](https://www.headlesslaw.com/amlr/articles/76.md) - [Article 77 — Record retention](https://www.headlesslaw.com/amlr/articles/77.md) - [Article 78 — Provision of records to competent authorities](https://www.headlesslaw.com/amlr/articles/78.md) - [Article 79 — Anonymous accounts and bearer shares and bearer share warrants](https://www.headlesslaw.com/amlr/articles/79.md) - [Article 80 — Limits to large cash payments in exchange for goods or services](https://www.headlesslaw.com/amlr/articles/80.md) - [Article 81 — Cooperation between FIUs and the EPPO](https://www.headlesslaw.com/amlr/articles/81.md) - [Article 82 — Requests for information to the EPPO](https://www.headlesslaw.com/amlr/articles/82.md) - [Article 83 — Cooperation between FIUs and OLAF](https://www.headlesslaw.com/amlr/articles/83.md) - [Article 84 — Requests for information to OLAF](https://www.headlesslaw.com/amlr/articles/84.md) - [Article 85 — Exercise of the delegation](https://www.headlesslaw.com/amlr/articles/85.md) - [Article 86 — Committee procedure](https://www.headlesslaw.com/amlr/articles/86.md) - [Article 87 — Review](https://www.headlesslaw.com/amlr/articles/87.md) - [Article 88 — Reports](https://www.headlesslaw.com/amlr/articles/88.md) - [Article 89 — Relation to Directive (EU) 2015/849](https://www.headlesslaw.com/amlr/articles/89.md) - [Article 90 — Entry into force and application](https://www.headlesslaw.com/amlr/articles/90.md) - [Annexes](https://www.headlesslaw.com/amlr/annexes.md): The 6 annexes of Regulation (EU) 2024/1624 (AMLR). - [Annex I](https://www.headlesslaw.com/amlr/annexes/annex-i.md) - [Annex II](https://www.headlesslaw.com/amlr/annexes/annex-ii.md) - [Annex III](https://www.headlesslaw.com/amlr/annexes/annex-iii.md) - [Annex IV](https://www.headlesslaw.com/amlr/annexes/annex-iv.md) - [Annex V](https://www.headlesslaw.com/amlr/annexes/annex-v.md) - [Annex VI](https://www.headlesslaw.com/amlr/annexes/annex-vi.md) - [Process](https://www.headlesslaw.com/amlr/process.md): Process — AMLR (4 instruments). - [AMLA — Consultation — Guidelines on ongoing monitoring of a business relationship \[Closed\]](https://www.headlesslaw.com/amlr/process/amla-cp-draft-guidelines-ongoing-monitoring-article-26-5.md) - [AMLA — Report — Draft RTS under Article 19(9) \[final draft submitted\]](https://www.headlesslaw.com/amlr/process/amla-final-report-draft-rts-article-19-9.md) - [AMLA — Report — Draft RTS under Article 28(1) \[final draft submitted\]](https://www.headlesslaw.com/amlr/process/amla-final-report-draft-rts-article-28-1.md) - [AMLA — Report — Draft RTS under Articles 16(4) and 17(3) \[final draft submitted\]](https://www.headlesslaw.com/amlr/process/amla-final-report-draft-rts-articles-16-4-17-3.md) ## AMLA - [AMLA](https://www.headlesslaw.com/amla/readme.md) - [Recitals](https://www.headlesslaw.com/amla/recitals.md) - [Chapters](https://www.headlesslaw.com/amla/chapters.md): The 6 chapters of Regulation (EU) 2024/1620 (AMLA). - [Chapter I — Establishment, legal status and definitions](https://www.headlesslaw.com/amla/chapters/i.md): Articles 1–4 of Regulation (EU) 2024/1620 (AMLA). - [Chapter II — Tasks and powers of the Authority](https://www.headlesslaw.com/amla/chapters/ii.md): Articles 5–55 of Regulation (EU) 2024/1620 (AMLA). - [Chapter III — Organisation of the Authority](https://www.headlesslaw.com/amla/chapters/iii.md): Articles 56–75 of Regulation (EU) 2024/1620 (AMLA). - [Chapter IV — Financial provisions](https://www.headlesslaw.com/amla/chapters/iv.md): Articles 76–84 of Regulation (EU) 2024/1620 (AMLA). - [Chapter V — Staff and cooperation](https://www.headlesslaw.com/amla/chapters/v.md): Articles 85–95 of Regulation (EU) 2024/1620 (AMLA). - [Chapter VI — General and final provisions](https://www.headlesslaw.com/amla/chapters/vi.md): Articles 96–108 of Regulation (EU) 2024/1620 (AMLA). - [Articles](https://www.headlesslaw.com/amla/articles.md): All 109 articles of Regulation (EU) 2024/1620 (AMLA), one page each. - [Article 1 — Establishment and scope of action](https://www.headlesslaw.com/amla/articles/1.md) - [Article 2 — Definitions](https://www.headlesslaw.com/amla/articles/2.md) - [Article 3 — Legal status](https://www.headlesslaw.com/amla/articles/3.md) - [Article 4 — Seat](https://www.headlesslaw.com/amla/articles/4.md) - [Article 5 — Tasks](https://www.headlesslaw.com/amla/articles/5.md) - [Article 6 — Powers of the Authority](https://www.headlesslaw.com/amla/articles/6.md) - [Article 7 — Cooperation within the AML/CFT supervisory system](https://www.headlesslaw.com/amla/articles/7.md) - [Article 8 — AML/CFT supervisory methodology](https://www.headlesslaw.com/amla/articles/8.md) - [Article 9 — Thematic reviews](https://www.headlesslaw.com/amla/articles/9.md) - [Article 10 — Mutual assistance in the AML/CFT supervisory system](https://www.headlesslaw.com/amla/articles/10.md) - [Article 11 — Central AML/CFT database](https://www.headlesslaw.com/amla/articles/11.md) - [Article 12 — Assessment of credit institutions and financial institutions for the purposes of select](https://www.headlesslaw.com/amla/articles/12.md) - [Article 13 — The listing of selected obliged entities](https://www.headlesslaw.com/amla/articles/13.md) - [Article 14 — Additional transfer of direct supervision tasks and powers in exceptional circumstances](https://www.headlesslaw.com/amla/articles/14.md) - [Article 15 — Cooperation within the AML/CFT supervisory system for the purposes of direct supervisio](https://www.headlesslaw.com/amla/articles/15.md) - [Article 16 — Joint supervisory teams](https://www.headlesslaw.com/amla/articles/16.md) - [Article 17 — Requests for information](https://www.headlesslaw.com/amla/articles/17.md) - [Article 18 — General investigations](https://www.headlesslaw.com/amla/articles/18.md) - [Article 19 — On-site inspections](https://www.headlesslaw.com/amla/articles/19.md) - [Article 20 — Authorisation by a judicial authority](https://www.headlesslaw.com/amla/articles/20.md) - [Article 21 — Administrative measures](https://www.headlesslaw.com/amla/articles/21.md) - [Article 22 — Pecuniary sanctions](https://www.headlesslaw.com/amla/articles/22.md) - [Article 23 — Periodic penalty payments](https://www.headlesslaw.com/amla/articles/23.md) - [Article 24 — Hearing of persons subject to proceedings](https://www.headlesslaw.com/amla/articles/24.md) - [Article 25 — Publication of administrative measures, pecuniary sanctions and periodic penalty paymen](https://www.headlesslaw.com/amla/articles/25.md) - [Article 26 — Enforcement of pecuniary sanctions and periodic penalty payments and allocation of the](https://www.headlesslaw.com/amla/articles/26.md) - [Article 27 — Procedural rules for taking supervisory measures and imposing pecuniary sanctions and p](https://www.headlesslaw.com/amla/articles/27.md) - [Article 28 — Review by the Court of Justice of the European Union](https://www.headlesslaw.com/amla/articles/28.md) - [Article 29 — Language arrangements in direct supervision](https://www.headlesslaw.com/amla/articles/29.md) - [Article 30 — Assessments of the state of supervisory convergence](https://www.headlesslaw.com/amla/articles/30.md) - [Article 31 — Coordination and facilitation of the work of the AML/CFT supervisory colleges in the fi](https://www.headlesslaw.com/amla/articles/31.md) - [Article 32 — Requests to act in exceptional circumstances following indications of serious, repeated](https://www.headlesslaw.com/amla/articles/32.md) - [Article 33 — Settlement of disagreements between financial supervisors in cross-border situations](https://www.headlesslaw.com/amla/articles/33.md) - [Article 34 — Action in cases of systematic failures of supervision](https://www.headlesslaw.com/amla/articles/34.md) - [Article 35 — Peer reviews](https://www.headlesslaw.com/amla/articles/35.md) - [Article 36 — Coordination and facilitation of the work of AML/CFT supervisory colleges in the non-fi](https://www.headlesslaw.com/amla/articles/36.md) - [Article 37 — Warnings of breaches of Union law by non-financial supervisors and public authorities o](https://www.headlesslaw.com/amla/articles/37.md) - [Article 38 — Settlement of disagreements between non-financial supervisors in cross-border situation](https://www.headlesslaw.com/amla/articles/38.md) - [Article 39 — Cooperation between the Authority and Financial Intelligence Units](https://www.headlesslaw.com/amla/articles/39.md) - [Article 40 — Conduct of joint analyses](https://www.headlesslaw.com/amla/articles/40.md) - [Article 41 — Reporting and transmission of the results of joint analyses](https://www.headlesslaw.com/amla/articles/41.md) - [Article 42 — Requests by the Authority for the initiation of a joint analysis](https://www.headlesslaw.com/amla/articles/42.md) - [Article 43 — Review of the methods and procedures for, and conduct of, joint analyses](https://www.headlesslaw.com/amla/articles/43.md) - [Article 44 — National FIU delegates](https://www.headlesslaw.com/amla/articles/44.md) - [Article 45 — Mutual assistance in the area of cooperation between FIUs](https://www.headlesslaw.com/amla/articles/45.md) - [Article 46 — Mediation between FIUs](https://www.headlesslaw.com/amla/articles/46.md) - [Article 47 — FIU.net](https://www.headlesslaw.com/amla/articles/47.md) - [Article 48 — Peer review](https://www.headlesslaw.com/amla/articles/48.md) - [Article 49 — Regulatory technical standards](https://www.headlesslaw.com/amla/articles/49.md) - [Article 50 — Exercise of the delegation](https://www.headlesslaw.com/amla/articles/50.md) - [Article 51 — Objections to regulatory technical standards](https://www.headlesslaw.com/amla/articles/51.md) - [Article 52 — Non-endorsement or amendment of draft regulatory technical standards](https://www.headlesslaw.com/amla/articles/52.md) - [Article 53 — Implementing technical standards](https://www.headlesslaw.com/amla/articles/53.md) - [Article 54 — Guidelines and recommendations](https://www.headlesslaw.com/amla/articles/54.md) - [Article 55 — Opinions and technical advice](https://www.headlesslaw.com/amla/articles/55.md) - [Article 56 — Administrative and management structure](https://www.headlesslaw.com/amla/articles/56.md) - [Article 57 — Composition of the General Board](https://www.headlesslaw.com/amla/articles/57.md) - [Article 58 — Delegation of tasks and decisions, and internal committees of the General Board](https://www.headlesslaw.com/amla/articles/58.md) - [Article 59 — Independence of the General Board](https://www.headlesslaw.com/amla/articles/59.md) - [Article 60 — Tasks of the General Board](https://www.headlesslaw.com/amla/articles/60.md) - [Article 61 — Voting rules of the General Board](https://www.headlesslaw.com/amla/articles/61.md) - [Article 62 — Meetings of the General Board](https://www.headlesslaw.com/amla/articles/62.md) - [Article 63 — Composition and appointment of the Executive Board](https://www.headlesslaw.com/amla/articles/63.md) - [Article 64 — Tasks of the Executive Board](https://www.headlesslaw.com/amla/articles/64.md) - [Article 65 — Annual and multiannual programming](https://www.headlesslaw.com/amla/articles/65.md) - [Article 66 — Voting rules of the Executive Board](https://www.headlesslaw.com/amla/articles/66.md) - [Article 67 — Fundamental Rights Officer](https://www.headlesslaw.com/amla/articles/67.md) - [Article 68 — Appointment of the Chair of the Authority](https://www.headlesslaw.com/amla/articles/68.md) - [Article 69 — Responsibilities of the Chair of the Authority](https://www.headlesslaw.com/amla/articles/69.md) - [Article 70 — Appointment of the Executive Director](https://www.headlesslaw.com/amla/articles/70.md) - [Article 71 — Tasks of the Executive Director](https://www.headlesslaw.com/amla/articles/71.md) - [Article 72 — Establishment and composition of the Administrative Board of Review](https://www.headlesslaw.com/amla/articles/72.md) - [Article 73 — Members of the Administrative Board of Review](https://www.headlesslaw.com/amla/articles/73.md) - [Article 74 — Decisions subject to review](https://www.headlesslaw.com/amla/articles/74.md) - [Article 75 — Exclusion and objection](https://www.headlesslaw.com/amla/articles/75.md) - [Article 76 — Budget](https://www.headlesslaw.com/amla/articles/76.md) - [Article 77 — Fees levied on selected and non-selected obliged entities](https://www.headlesslaw.com/amla/articles/77.md) - [Article 78 — Establishment of the budget](https://www.headlesslaw.com/amla/articles/78.md) - [Article 79 — Implementation of the budget](https://www.headlesslaw.com/amla/articles/79.md) - [Article 80 — Presentation of accounts and discharge](https://www.headlesslaw.com/amla/articles/80.md) - [Article 81 — Financial rules](https://www.headlesslaw.com/amla/articles/81.md) - [Article 82 — Anti-fraud measures](https://www.headlesslaw.com/amla/articles/82.md) - [Article 83 — IT security](https://www.headlesslaw.com/amla/articles/83.md) - [Article 84 — Accountability and reporting](https://www.headlesslaw.com/amla/articles/84.md) - [Article 85 — General provision](https://www.headlesslaw.com/amla/articles/85.md) - [Article 86 — Privileges and immunities](https://www.headlesslaw.com/amla/articles/86.md) - [Article 87 — Staff of the Authority previously employed by the EBA](https://www.headlesslaw.com/amla/articles/87.md) - [Article 88 — Obligation of professional secrecy](https://www.headlesslaw.com/amla/articles/88.md) - [Article 89 — Security rules on the protection of classified and sensitive non-classified information](https://www.headlesslaw.com/amla/articles/89.md) - [Article 90 — Reporting of breaches and protection of reporting persons](https://www.headlesslaw.com/amla/articles/90.md) - [Article 91 — Cooperation with the European Supervisory Authorities](https://www.headlesslaw.com/amla/articles/91.md) - [Article 92 — Cooperation with non-AML/CFT authorities](https://www.headlesslaw.com/amla/articles/92.md) - [Article 92a — Exchange of information between authorities and with other entities](https://www.headlesslaw.com/amla/articles/92a.md) - [Article 93 — Partnerships for information sharing in the field of AML/CFT](https://www.headlesslaw.com/amla/articles/93.md) - [Article 94 — Cooperation with OLAF, Europol, Eurojust and the EPPO](https://www.headlesslaw.com/amla/articles/94.md) - [Article 95 — Cooperation with third countries and international organisations](https://www.headlesslaw.com/amla/articles/95.md) - [Article 96 — Access to documents](https://www.headlesslaw.com/amla/articles/96.md) - [Article 97 — General language arrangements](https://www.headlesslaw.com/amla/articles/97.md) - [Article 98 — Data protection](https://www.headlesslaw.com/amla/articles/98.md) - [Article 99 — Liability of the Authority](https://www.headlesslaw.com/amla/articles/99.md) - [Article 100 — Delegated acts](https://www.headlesslaw.com/amla/articles/100.md) - [Article 101 — Headquarters Agreement and operating conditions](https://www.headlesslaw.com/amla/articles/101.md) - [Article 102 — Evaluation and review](https://www.headlesslaw.com/amla/articles/102.md) - [Article 103 — Amendments to Regulation (EU) No 1093/2010](https://www.headlesslaw.com/amla/articles/103.md) - [Article 104 — Amendments to Regulation (EU) No 1094/2010](https://www.headlesslaw.com/amla/articles/104.md) - [Article 105 — Amendments to Regulation (EU) No 1095/2010](https://www.headlesslaw.com/amla/articles/105.md) - [Article 106 — Transitional arrangements](https://www.headlesslaw.com/amla/articles/106.md) - [Article 107 — Commencement of the Authority’s activities](https://www.headlesslaw.com/amla/articles/107.md) - [Article 108 — Entry into force and application](https://www.headlesslaw.com/amla/articles/108.md) - [Annexes](https://www.headlesslaw.com/amla/annexes.md): The 2 annexes of Regulation (EU) 2024/1620 (AMLA). - [Annex I](https://www.headlesslaw.com/amla/annexes/annex-i.md) - [Annex II](https://www.headlesslaw.com/amla/annexes/annex-ii.md) ## AMLD6 - [AMLD6](https://www.headlesslaw.com/amld6/readme.md) - [Recitals](https://www.headlesslaw.com/amld6/recitals.md) - [Chapters](https://www.headlesslaw.com/amld6/chapters.md): The 7 chapters of Directive (EU) 2024/1640 (AMLD6). - [Chapter I — General provisions](https://www.headlesslaw.com/amld6/chapters/i.md): Articles 1–9 of Directive (EU) 2024/1640 (AMLD6). - [Chapter II — Registers](https://www.headlesslaw.com/amld6/chapters/ii.md): Articles 10–18 of Directive (EU) 2024/1640 (AMLD6). - [Chapter III — FIUs](https://www.headlesslaw.com/amld6/chapters/iii.md): Articles 19–36 of Directive (EU) 2024/1640 (AMLD6). - [Chapter IV — Anti-money laundering supervision](https://www.headlesslaw.com/amld6/chapters/iv.md): Articles 37–60 of Directive (EU) 2024/1640 (AMLD6). - [Chapter V — Cooperation](https://www.headlesslaw.com/amld6/chapters/v.md): Articles 61–69 of Directive (EU) 2024/1640 (AMLD6). - [Chapter VI — Data protection](https://www.headlesslaw.com/amld6/chapters/vi.md): Article 70 of Directive (EU) 2024/1640 (AMLD6). - [Chapter VII — Final provisions](https://www.headlesslaw.com/amld6/chapters/vii.md): Articles 71–80 of Directive (EU) 2024/1640 (AMLD6). - [Articles](https://www.headlesslaw.com/amld6/articles.md): All 80 articles of Directive (EU) 2024/1640 (AMLD6), one page each. - [Article 1 — Subject matter](https://www.headlesslaw.com/amld6/articles/1.md) - [Article 2 — Definitions](https://www.headlesslaw.com/amld6/articles/2.md) - [Article 3 — Identification of exposed sectors at national level](https://www.headlesslaw.com/amld6/articles/3.md) - [Article 4 — Requirements relating to certain service providers](https://www.headlesslaw.com/amld6/articles/4.md) - [Article 5 — Requirements relating to the granting of residence rights in exchange for investment](https://www.headlesslaw.com/amld6/articles/5.md) - [Article 6 — Checks on the senior management and beneficial owners of certain obliged entities](https://www.headlesslaw.com/amld6/articles/6.md) - [Article 7 — Risk assessment at Union level](https://www.headlesslaw.com/amld6/articles/7.md) - [Article 8 — National risk assessment](https://www.headlesslaw.com/amld6/articles/8.md) - [Article 9 — Statistics](https://www.headlesslaw.com/amld6/articles/9.md) - [Article 10 — Central beneficial ownership registers](https://www.headlesslaw.com/amld6/articles/10.md) - [Article 11 — General rules regarding access to beneficial ownership registers by competent authoriti](https://www.headlesslaw.com/amld6/articles/11.md) - [Article 12 — Specific access rules to beneficial ownership registers for persons with legitimate int](https://www.headlesslaw.com/amld6/articles/12.md) - [Article 13 — Procedure for the verification and mutual recognition of a legitimate interest to acces](https://www.headlesslaw.com/amld6/articles/13.md) - [Article 14 — Templates and procedures](https://www.headlesslaw.com/amld6/articles/14.md) - [Article 15 — Exceptions to the access rules to beneficial ownership registers](https://www.headlesslaw.com/amld6/articles/15.md) - [Article 16 — Bank account registers and electronic data retrieval systems](https://www.headlesslaw.com/amld6/articles/16.md) - [Article 17 — Implementing acts for the interconnection of registers](https://www.headlesslaw.com/amld6/articles/17.md) - [Article 18 — Single access point to real estate information](https://www.headlesslaw.com/amld6/articles/18.md) - [Article 19 — Establishment of the FIU](https://www.headlesslaw.com/amld6/articles/19.md) - [Article 20 — Fundamental Rights Officer](https://www.headlesslaw.com/amld6/articles/20.md) - [Article 21 — Access to information](https://www.headlesslaw.com/amld6/articles/21.md) - [Article 22 — Responses to requests for information](https://www.headlesslaw.com/amld6/articles/22.md) - [Article 23 — Provision of information to supervisors](https://www.headlesslaw.com/amld6/articles/23.md) - [Article 24 — Suspension or withholding of consent](https://www.headlesslaw.com/amld6/articles/24.md) - [Article 25 — Instructions to monitor transactions or activities](https://www.headlesslaw.com/amld6/articles/25.md) - [Article 26 — Alerts to obliged entities](https://www.headlesslaw.com/amld6/articles/26.md) - [Article 27 — FIU annual report](https://www.headlesslaw.com/amld6/articles/27.md) - [Article 28 — Feedback by FIU](https://www.headlesslaw.com/amld6/articles/28.md) - [Article 29 — Cooperation between FIUs](https://www.headlesslaw.com/amld6/articles/29.md) - [Article 30 — Protected channels of communication](https://www.headlesslaw.com/amld6/articles/30.md) - [Article 31 — Exchange of information between FIUs](https://www.headlesslaw.com/amld6/articles/31.md) - [Article 32 — Joint analyses](https://www.headlesslaw.com/amld6/articles/32.md) - [Article 33 — Use by FIUs of information exchanged between them](https://www.headlesslaw.com/amld6/articles/33.md) - [Article 34 — Consent to further dissemination of information exchanged between FIUs](https://www.headlesslaw.com/amld6/articles/34.md) - [Article 35 — Effect of criminal law provisions](https://www.headlesslaw.com/amld6/articles/35.md) - [Article 36 — Confidentiality of reporting](https://www.headlesslaw.com/amld6/articles/36.md) - [Article 37 — Powers and resources of national supervisors](https://www.headlesslaw.com/amld6/articles/37.md) - [Article 38 — Supervision of forms of infrastructure of certain intermediaries operating under the fr](https://www.headlesslaw.com/amld6/articles/38.md) - [Article 39 — Provision of information to obliged entities](https://www.headlesslaw.com/amld6/articles/39.md) - [Article 40 — Risk-based supervision](https://www.headlesslaw.com/amld6/articles/40.md) - [Article 41 — Central contact points](https://www.headlesslaw.com/amld6/articles/41.md) - [Article 42 — Disclosure to FIUs](https://www.headlesslaw.com/amld6/articles/42.md) - [Article 43 — Provision of information to FIUs](https://www.headlesslaw.com/amld6/articles/43.md) - [Article 44 — General principles regarding supervisory cooperation](https://www.headlesslaw.com/amld6/articles/44.md) - [Article 45 — Provision of information on cross-border activities](https://www.headlesslaw.com/amld6/articles/45.md) - [Article 46 — Provisions related to cooperation in the context of group supervision](https://www.headlesslaw.com/amld6/articles/46.md) - [Article 47 — Supervisory cooperation regarding obliged entities carrying out cross-border activities](https://www.headlesslaw.com/amld6/articles/47.md) - [Article 48 — Exchange of information in relation to implementation of group-wide policies in third c](https://www.headlesslaw.com/amld6/articles/48.md) - [Article 49 — AML/CFT supervisory colleges in the financial sector](https://www.headlesslaw.com/amld6/articles/49.md) - [Article 50 — AML/CFT supervisory colleges in the non-financial sector](https://www.headlesslaw.com/amld6/articles/50.md) - [Article 51 — Cooperation with supervisors in third countries](https://www.headlesslaw.com/amld6/articles/51.md) - [Article 52 — Oversight of self-regulatory bodies](https://www.headlesslaw.com/amld6/articles/52.md) - [Article 53 — General provisions](https://www.headlesslaw.com/amld6/articles/53.md) - [Article 54 — Supervisory measures towards establishments of obliged entities and certain activities](https://www.headlesslaw.com/amld6/articles/54.md) - [Article 55 — Pecuniary sanctions](https://www.headlesslaw.com/amld6/articles/55.md) - [Article 56 — Administrative measures](https://www.headlesslaw.com/amld6/articles/56.md) - [Article 57 — Periodic penalty payments](https://www.headlesslaw.com/amld6/articles/57.md) - [Article 58 — Publication of pecuniary sanctions, administrative measures and periodic penalty paymen](https://www.headlesslaw.com/amld6/articles/58.md) - [Article 59 — Exchange of information on pecuniary sanctions and administrative measures](https://www.headlesslaw.com/amld6/articles/59.md) - [Article 60 — Reporting of breaches and protection of reporting persons](https://www.headlesslaw.com/amld6/articles/60.md) - [Article 61 — General provisions](https://www.headlesslaw.com/amld6/articles/61.md) - [Article 62 — Communication of the list of the competent authorities](https://www.headlesslaw.com/amld6/articles/62.md) - [Article 63 — Cooperation with AMLA](https://www.headlesslaw.com/amld6/articles/63.md) - [Article 64 — Cooperation in relation to credit institutions or financial institutions](https://www.headlesslaw.com/amld6/articles/64.md) - [Article 65 — Cooperation in relation to auditors](https://www.headlesslaw.com/amld6/articles/65.md) - [Article 66 — Cooperation with authorities in charge of implementing targeted financial sanctions](https://www.headlesslaw.com/amld6/articles/66.md) - [Article 67 — Professional secrecy requirements](https://www.headlesslaw.com/amld6/articles/67.md) - [Article 68 — Exchange of information among supervisors and with other authorities](https://www.headlesslaw.com/amld6/articles/68.md) - [Article 69 — AML/CFT cooperation guidelines](https://www.headlesslaw.com/amld6/articles/69.md) - [Article 70 — Processing of certain categories of personal data](https://www.headlesslaw.com/amld6/articles/70.md) - [Article 71 — Exercise of the delegation](https://www.headlesslaw.com/amld6/articles/71.md) - [Article 72 — Committee procedure](https://www.headlesslaw.com/amld6/articles/72.md) - [Article 73 — Transitional management of FIU.net](https://www.headlesslaw.com/amld6/articles/73.md) - [Article 74 — Amendments to Directive (EU) 2015/849](https://www.headlesslaw.com/amld6/articles/74.md) - [Article 75 — Amendment to Directive (EU) 2019/1937](https://www.headlesslaw.com/amld6/articles/75.md) - [Article 76 — Review](https://www.headlesslaw.com/amld6/articles/76.md) - [Article 77 — Repeal](https://www.headlesslaw.com/amld6/articles/77.md) - [Article 78 — Transposition](https://www.headlesslaw.com/amld6/articles/78.md) - [Article 79 — Entry into force](https://www.headlesslaw.com/amld6/articles/79.md) - [Article 80 — Addressees](https://www.headlesslaw.com/amld6/articles/80.md) - [Annexes](https://www.headlesslaw.com/amld6/annexes.md): The annex of Directive (EU) 2024/1640 (AMLD6). - [Annex](https://www.headlesslaw.com/amld6/annexes/annex.md) ## DLT Pilot - [DLTR](https://www.headlesslaw.com/dlt-pilot/readme.md) - [Recitals](https://www.headlesslaw.com/dlt-pilot/recitals.md) - [Articles](https://www.headlesslaw.com/dlt-pilot/articles.md): All 19 articles of Regulation (EU) 2022/858 (DLTR), one page each. - [Article 1 — Subject matter and scope](https://www.headlesslaw.com/dlt-pilot/articles/1.md) - [Article 2 — Definitions](https://www.headlesslaw.com/dlt-pilot/articles/2.md) - [Article 3 — Limitations on the financial instruments admitted to trading or recorded on DLT market infrastructure](https://www.headlesslaw.com/dlt-pilot/articles/3.md) - [Article 4 — Requirements and exemptions regarding DLT MTFs](https://www.headlesslaw.com/dlt-pilot/articles/4.md) - [Article 5 — Requirements and exemptions regarding DLT SSs](https://www.headlesslaw.com/dlt-pilot/articles/5.md) - [Article 6 — Requirements and exemptions regarding DLT TSSs](https://www.headlesslaw.com/dlt-pilot/articles/6.md) - [Article 7 — Additional requirements for DLT market infrastructures](https://www.headlesslaw.com/dlt-pilot/articles/7.md) - [Article 8 — Specific permission to operate DLT MTF](https://www.headlesslaw.com/dlt-pilot/articles/8.md) - [Article 9 — Specific permission to operate a DLT SS](https://www.headlesslaw.com/dlt-pilot/articles/9.md) - [Article 10 — Specific permission to operate DLT TSS](https://www.headlesslaw.com/dlt-pilot/articles/10.md) - [Article 11 — Cooperation between operators of DLT market infrastructures, competent authorities and ESMA](https://www.headlesslaw.com/dlt-pilot/articles/11.md) - [Article 12 — Designation of competent authorities](https://www.headlesslaw.com/dlt-pilot/articles/12.md) - [Article 13 — Notification of competent authorities](https://www.headlesslaw.com/dlt-pilot/articles/13.md) - [Article 14 — Report and review](https://www.headlesslaw.com/dlt-pilot/articles/14.md) - [Article 15 — Interim reports](https://www.headlesslaw.com/dlt-pilot/articles/15.md) - [Article 16 — Amendment to Regulation (EU) No 600/2014](https://www.headlesslaw.com/dlt-pilot/articles/16.md) - [Article 17 — Amendment to Regulation (EU) No 909/2014](https://www.headlesslaw.com/dlt-pilot/articles/17.md) - [Article 18 — Amendments to Directive 2014/65/EU](https://www.headlesslaw.com/dlt-pilot/articles/18.md) - [Article 19 — Entry into force and application](https://www.headlesslaw.com/dlt-pilot/articles/19.md) - [Level 3](https://www.headlesslaw.com/dlt-pilot/level-3.md): Level 3 — DLTR (35 instruments). - [Q\&A](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a.md): Q\&A — DLTR (35 instruments). - [ESMA](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma.md): ESMA — DLTR (35 instruments). - [ESMA Q\&A 766 — Q\&A — Credit institution providing investment services \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-766-credit-institution-providing-investment-services-or.md) - [ESMA Q\&A 769 — Q\&A — Subscription rights \[Forwarded to EC/Public Consultation/Other\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-769-subscription-rights.md) - [ESMA Q\&A 770 — Q\&A — Capital requirements \[Forwarded to EC/Public Consultation/Other\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-770-capital-requirements.md) - [ESMA Q\&A 778 — Q\&A — DLT shares valuation \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-778-dlt-shares-valuation.md) - [ESMA Q\&A 780 — Q\&A — Transaction reporting \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-780-transaction-reporting.md) - [ESMA Q\&A 781 — Q\&A — Cancellations and corrections \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-781-cancellations-and-corrections.md) - [ESMA Q\&A 782 — Q\&A — Transaction reporting \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-782-transaction-reporting.md) - [ESMA Q\&A 783 — Q\&A — Transaction reporting \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-783-transaction-reporting.md) - [ESMA Q\&A 784 — Q\&A — Transaction reporting \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-784-transaction-reporting.md) - [ESMA Q\&A 785 — Q\&A — Transaction reporting \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-785-transaction-reporting.md) - [ESMA Q\&A 786 — Q\&A — Financial Instruments Reference Data \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-786-financial-instruments-reference-data.md) - [ESMA Q\&A 787 — Q\&A — Financial Instruments Reference Data \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-787-financial-instruments-reference-data.md) - [ESMA Q\&A 788 — Q\&A — Financial Instruments Reference Data \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-788-financial-instruments-reference-data.md) - [ESMA Q\&A 789 — Q\&A — Financial Instruments Reference Data \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-789-financial-instruments-reference-data.md) - [ESMA Q\&A 790 — Q\&A — DLT MTF \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-790-dlt-mtf.md) - [ESMA Q\&A 791 — Q\&A — Transparency \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-791-transparency.md) - [ESMA Q\&A 904 — Q\&A — Relevant Authorities \[Forwarded to EC/Public Consultation/Other\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-904-relevant-authorities.md) - [ESMA Q\&A 1239 — Q\&A — Issuance of DLT financial instruments \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-1239-issuance-of-dlt-financial-instruments.md) - [ESMA Q\&A 1240 — Q\&A — Partially tokenised financial instruments \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-1240-partially-tokenised-financial-instruments.md) - [ESMA Q\&A 1241 — Q\&A — UCITS eligible under DLTPR \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-1241-ucits-eligible-under-dltpr.md) - [ESMA Q\&A 1242 — Q\&A — DLT Collective investment undertakings \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-1242-dlt-collective-investment-undertakings.md) - [ESMA Q\&A 1266 — Q\&A — Admissibility of securities financing transactions \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-1266-admissibility-of-securities-financing-transactions-under.md) - [ESMA Q\&A 1267 — Q\&A — Off-chain trading \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-1267-off-chain-trading.md) - [ESMA Q\&A 1268 — Q\&A — Exemption from CSDR \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-1268-exemption-from-csdr.md) - [ESMA Q\&A 1269 — Q\&A — Operation of DLT TSS \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-1269-operation-of-dlt-tss.md) - [ESMA Q\&A 1270 — Q\&A — Settlement in e-money tokens \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-1270-settlement-in-e-money-tokens.md) - [ESMA Q\&A 1271 — Q\&A — Exemption from CSDR \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-1271-exemption-from-csdr.md) - [ESMA Q\&A 1272 — Q\&A — Exemption from CSDR \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-1272-exemption-from-csdr.md) - [ESMA Q\&A 2002 — Q\&A — Authorisation for credit institutions to operate a DLT \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-2002-authorisation-for-credit-institutions-to-operate-a-dlt-mtf.md) - [ESMA Q\&A 2003 — Q\&A — Admission of subscription rights to trading \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-2003-admission-of-subscription-rights-to-trading-or-recording-on.md) - [ESMA Q\&A 2004 — Q\&A — Capital requirements for a DLT TSS \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-2004-capital-requirements-for-a-dlt-tss.md) - [ESMA Q\&A 2045 — Q\&A — Involvement of the authorities in Article 12(1)(b) \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-2045-involvement-of-the-authorities-in-article-12-1-b-of-csdr-in.md) - [ESMA Q\&A 2046 — Q\&A — Eligibility for operating a DLT SS under the DLT Pilot \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-2046-eligibility-for-operating-a-dlt-ss-under-the-dlt-pilot.md) - [ESMA Q\&A 2126 — Q\&A — Exemptions for DLT SS/TSS operators on cash settlement \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-2126-exemptions-for-dlt-ss-tss-operators-on-cash-settlement.md) - [ESMA Q\&A 2127 — Q\&A — Scope of Article 3(1)(b) of DLTR \[Answer Published\]](https://www.headlesslaw.com/dlt-pilot/level-3/q-and-a/esma/esma-qa-2127-scope-of-article-3-1-b-of-dltr.md) ## EMD - [EMD](https://www.headlesslaw.com/emd/readme.md) - [Recitals](https://www.headlesslaw.com/emd/recitals.md) - [Titles](https://www.headlesslaw.com/emd/titles.md): The 4 titles of Directive 2009/110/EC (EMD). - [Title I — Scope and definitions](https://www.headlesslaw.com/emd/titles/i.md): Articles 1–2 of Directive 2009/110/EC (EMD). - [Title II — Requirements for the taking up, pursuit and prudential supervision of the business of electronic money institutions](https://www.headlesslaw.com/emd/titles/ii.md): Articles 3–9 of Directive 2009/110/EC (EMD). - [Title III — Issuance and redeemability of electronic money](https://www.headlesslaw.com/emd/titles/iii.md): Articles 10–13 of Directive 2009/110/EC (EMD). - [Title IV — Final provisions and implementing measures](https://www.headlesslaw.com/emd/titles/iv.md): Articles 14–24 of Directive 2009/110/EC (EMD). - [Articles](https://www.headlesslaw.com/emd/articles.md): All 24 articles of Directive 2009/110/EC (EMD), one page each. - [Article 1 — Subject matter and scope](https://www.headlesslaw.com/emd/articles/1.md) - [Article 2 — Definitions](https://www.headlesslaw.com/emd/articles/2.md) - [Article 3 — General prudential rules](https://www.headlesslaw.com/emd/articles/3.md) - [Article 4 — Initial capital](https://www.headlesslaw.com/emd/articles/4.md) - [Article 5 — Own funds](https://www.headlesslaw.com/emd/articles/5.md) - [Article 6 — Activities](https://www.headlesslaw.com/emd/articles/6.md) - [Article 7 — Safeguarding requirements](https://www.headlesslaw.com/emd/articles/7.md) - [Article 8 — Relations with third countries](https://www.headlesslaw.com/emd/articles/8.md) - [Article 9 — Optional exemptions](https://www.headlesslaw.com/emd/articles/9.md) - [Article 10 — Prohibition from issuing electronic money](https://www.headlesslaw.com/emd/articles/10.md) - [Article 11 — Issuance and redeemability](https://www.headlesslaw.com/emd/articles/11.md) - [Article 12 — Prohibition of interest](https://www.headlesslaw.com/emd/articles/12.md) - [Article 13 — Out-of-court complaint and redress procedures for the settlement of disputes](https://www.headlesslaw.com/emd/articles/13.md) - [Article 14 — Implementing measures](https://www.headlesslaw.com/emd/articles/14.md) - [Article 15 — Committee procedure](https://www.headlesslaw.com/emd/articles/15.md) - [Article 16 — Full harmonisation](https://www.headlesslaw.com/emd/articles/16.md) - [Article 17 — Review](https://www.headlesslaw.com/emd/articles/17.md) - [Article 18 — Transitional provisions](https://www.headlesslaw.com/emd/articles/18.md) - [Article 19 — Amendments to Directive 2005/60/EC](https://www.headlesslaw.com/emd/articles/19.md) - [Article 20 — Amendments to Directive 2006/48/EC](https://www.headlesslaw.com/emd/articles/20.md) - [Article 21 — Repeal](https://www.headlesslaw.com/emd/articles/21.md) - [Article 22 — Transposition](https://www.headlesslaw.com/emd/articles/22.md) - [Article 23 — Entry into force](https://www.headlesslaw.com/emd/articles/23.md) - [Article 24 — Addressees](https://www.headlesslaw.com/emd/articles/24.md) - [Level 3](https://www.headlesslaw.com/emd/level-3.md): Level 3 — EMD (6 instruments). - [Q\&A](https://www.headlesslaw.com/emd/level-3/q-and-a.md): Q\&A — EMD (6 instruments). - [EBA](https://www.headlesslaw.com/emd/level-3/q-and-a/eba.md): EBA — EMD (6 instruments). - [EBA Q\&A 2020\_5494 — Q\&A — Fees on issuing eletronic money \[Final Q\&A\]](https://www.headlesslaw.com/emd/level-3/q-and-a/eba/eba-qa-2020-5494-fees-on-issuing-eletronic-money.md) - [EBA Q\&A 2020\_5566 — Q\&A — Topping-up e-money accounts with voucher-based products \[Final Q\&A\]](https://www.headlesslaw.com/emd/level-3/q-and-a/eba/eba-qa-2020-5566-topping-up-e-money-accounts-with-voucher-based-products.md) - [EBA Q\&A 2020\_5624 — Q\&A — Subcontractor of electronic money distributor \[Final Q\&A\]](https://www.headlesslaw.com/emd/level-3/q-and-a/eba/eba-qa-2020-5624-subcontractor-of-electronic-money-distributor.md) - [EBA Q\&A 2022\_6336 — Q\&A — Definition of electronic money \[Final Q\&A\]](https://www.headlesslaw.com/emd/level-3/q-and-a/eba/eba-qa-2022-6336-definition-of-electronic-money.md) - [EBA Q\&A 2022\_6421 — Q\&A — EMI's application of negative interest rates \[Final Q\&A\]](https://www.headlesslaw.com/emd/level-3/q-and-a/eba/eba-qa-2022-6421-emi-s-application-of-negative-interest-rates-to-its-clients.md) - [EBA Q\&A 2023\_6736 — Q\&A — Identify when EMD2 needs to be applied to vouchers/gift \[Final Q\&A\]](https://www.headlesslaw.com/emd/level-3/q-and-a/eba/eba-qa-2023-6736-identify-when-emd2-needs-to-be-applied-to-vouchers-gift.md) ## PSD2 - [PSD2](https://www.headlesslaw.com/psd2/readme.md) - [Recitals](https://www.headlesslaw.com/psd2/recitals.md) - [Titles](https://www.headlesslaw.com/psd2/titles.md): The 6 titles of Directive (EU) 2015/2366 (PSD2). - [Title I — Subject matter, scope and definitions](https://www.headlesslaw.com/psd2/titles/i.md): Articles 1–4 of Directive (EU) 2015/2366 (PSD2). - [Title II — Payment service providers](https://www.headlesslaw.com/psd2/titles/ii.md): Articles 5–37 of Directive (EU) 2015/2366 (PSD2). - [Title III — Transparency of conditions and information requirements for payment services](https://www.headlesslaw.com/psd2/titles/iii.md): Articles 38–60 of Directive (EU) 2015/2366 (PSD2). - [Title IV — Rights and obligations in relation to the provision and use of payment services](https://www.headlesslaw.com/psd2/titles/iv.md): Articles 61–103 of Directive (EU) 2015/2366 (PSD2). - [Title V — Delegated acts and regulatory technical standards](https://www.headlesslaw.com/psd2/titles/v.md): Articles 104–106 of Directive (EU) 2015/2366 (PSD2). - [Title VI — Final provisions](https://www.headlesslaw.com/psd2/titles/vi.md): Articles 107–117 of Directive (EU) 2015/2366 (PSD2). - [Articles](https://www.headlesslaw.com/psd2/articles.md): All 118 articles of Directive (EU) 2015/2366 (PSD2), one page each. - [Article 1 — Subject matter](https://www.headlesslaw.com/psd2/articles/1.md) - [Article 2 — Scope](https://www.headlesslaw.com/psd2/articles/2.md) - [Article 3 — Exclusions](https://www.headlesslaw.com/psd2/articles/3.md) - [Article 4 — Definitions](https://www.headlesslaw.com/psd2/articles/4.md) - [Article 5 — Applications for authorisation](https://www.headlesslaw.com/psd2/articles/5.md) - [Article 6 — Control of the shareholding](https://www.headlesslaw.com/psd2/articles/6.md) - [Article 7 — Initial capital](https://www.headlesslaw.com/psd2/articles/7.md) - [Article 8 — Own funds](https://www.headlesslaw.com/psd2/articles/8.md) - [Article 9 — Calculation of own funds](https://www.headlesslaw.com/psd2/articles/9.md) - [Article 10 — Safeguarding requirements](https://www.headlesslaw.com/psd2/articles/10.md) - [Article 11 — Granting of authorisation](https://www.headlesslaw.com/psd2/articles/11.md) - [Article 12 — Communication of the decision](https://www.headlesslaw.com/psd2/articles/12.md) - [Article 13 — Withdrawal of authorisation](https://www.headlesslaw.com/psd2/articles/13.md) - [Article 14 — Registration in the home Member State](https://www.headlesslaw.com/psd2/articles/14.md) - [Article 15 — EBA register](https://www.headlesslaw.com/psd2/articles/15.md) - [Article 16 — Maintenance of authorisation](https://www.headlesslaw.com/psd2/articles/16.md) - [Article 17 — Accounting and statutory audit](https://www.headlesslaw.com/psd2/articles/17.md) - [Article 18 — Activities](https://www.headlesslaw.com/psd2/articles/18.md) - [Article 19 — Use of agents, branches or entities to which activities are outsourced](https://www.headlesslaw.com/psd2/articles/19.md) - [Article 20 — Liability](https://www.headlesslaw.com/psd2/articles/20.md) - [Article 21 — Record-keeping](https://www.headlesslaw.com/psd2/articles/21.md) - [Article 22 — Designation of competent authorities](https://www.headlesslaw.com/psd2/articles/22.md) - [Article 23 — Supervision](https://www.headlesslaw.com/psd2/articles/23.md) - [Article 24 — Professional secrecy](https://www.headlesslaw.com/psd2/articles/24.md) - [Article 25 — Right to apply to the courts](https://www.headlesslaw.com/psd2/articles/25.md) - [Article 26 — Exchange of information](https://www.headlesslaw.com/psd2/articles/26.md) - [Article 27 — Settlement of disagreements between competent authorities of different Member States](https://www.headlesslaw.com/psd2/articles/27.md) - [Article 28 — Application to exercise the right of establishment and freedom to provide services](https://www.headlesslaw.com/psd2/articles/28.md) - [Article 29 — Supervision of payment institutions exercising the right of establishment and freedom to provide services](https://www.headlesslaw.com/psd2/articles/29.md) - [Article 30 — Measures in case of non-compliance, including precautionary measures](https://www.headlesslaw.com/psd2/articles/30.md) - [Article 31 — Reasons and communication](https://www.headlesslaw.com/psd2/articles/31.md) - [Article 32 — Conditions](https://www.headlesslaw.com/psd2/articles/32.md) - [Article 33 — Account information service providers](https://www.headlesslaw.com/psd2/articles/33.md) - [Article 34 — Notification and information](https://www.headlesslaw.com/psd2/articles/34.md) - [Article 35 — Access to payment systems](https://www.headlesslaw.com/psd2/articles/35.md) - [Article 35a — Conditions for requesting participation in designated payment systems](https://www.headlesslaw.com/psd2/articles/35a.md) - [Article 36 — Access to accounts maintained with a credit institution](https://www.headlesslaw.com/psd2/articles/36.md) - [Article 37 — Prohibition of persons other than payment service providers from providing payment services and duty of notification](https://www.headlesslaw.com/psd2/articles/37.md) - [Article 38 — Scope](https://www.headlesslaw.com/psd2/articles/38.md) - [Article 39 — Other provisions in Union law](https://www.headlesslaw.com/psd2/articles/39.md) - [Article 40 — Charges for information](https://www.headlesslaw.com/psd2/articles/40.md) - [Article 41 — Burden of proof on information requirements](https://www.headlesslaw.com/psd2/articles/41.md) - [Article 42 — Derogation from information requirements for low-value payment instruments and electronic money](https://www.headlesslaw.com/psd2/articles/42.md) - [Article 43 — Scope](https://www.headlesslaw.com/psd2/articles/43.md) - [Article 44 — Prior general information](https://www.headlesslaw.com/psd2/articles/44.md) - [Article 45 — Information and conditions](https://www.headlesslaw.com/psd2/articles/45.md) - [Article 46 — Information for the payer and payee after the initiation of a payment order](https://www.headlesslaw.com/psd2/articles/46.md) - [Article 47 — Information for payer’s account servicing payment service provider in the event of a payment initiation service](https://www.headlesslaw.com/psd2/articles/47.md) - [Article 48 — Information for the payer after receipt of the payment order](https://www.headlesslaw.com/psd2/articles/48.md) - [Article 49 — Information for the payee after execution](https://www.headlesslaw.com/psd2/articles/49.md) - [Article 50 — Scope](https://www.headlesslaw.com/psd2/articles/50.md) - [Article 51 — Prior general information](https://www.headlesslaw.com/psd2/articles/51.md) - [Article 52 — Information and conditions](https://www.headlesslaw.com/psd2/articles/52.md) - [Article 53 — Accessibility of information and conditions of the framework contract](https://www.headlesslaw.com/psd2/articles/53.md) - [Article 54 — Changes in conditions of the framework contract](https://www.headlesslaw.com/psd2/articles/54.md) - [Article 55 — Termination](https://www.headlesslaw.com/psd2/articles/55.md) - [Article 56 — Information before execution of individual payment transactions](https://www.headlesslaw.com/psd2/articles/56.md) - [Article 57 — Information for the payer on individual payment transactions](https://www.headlesslaw.com/psd2/articles/57.md) - [Article 58 — Information for the payee on individual payment transactions](https://www.headlesslaw.com/psd2/articles/58.md) - [Article 59 — Currency and currency conversion](https://www.headlesslaw.com/psd2/articles/59.md) - [Article 60 — Information on additional charges or reductions](https://www.headlesslaw.com/psd2/articles/60.md) - [Article 61 — Scope](https://www.headlesslaw.com/psd2/articles/61.md) - [Article 62 — Charges applicable](https://www.headlesslaw.com/psd2/articles/62.md) - [Article 63 — Derogation for low value payment instruments and electronic money](https://www.headlesslaw.com/psd2/articles/63.md) - [Article 64 — Consent and withdrawal of consent](https://www.headlesslaw.com/psd2/articles/64.md) - [Article 65 — Confirmation on the availability of funds](https://www.headlesslaw.com/psd2/articles/65.md) - [Article 66 — Rules on access to payment account in the case of payment initiation services](https://www.headlesslaw.com/psd2/articles/66.md) - [Article 67 — Rules on access to and use of payment account information in the case of account information services](https://www.headlesslaw.com/psd2/articles/67.md) - [Article 68 — Limits of the use of the payment instrument and of the access to payment accounts by payment service providers](https://www.headlesslaw.com/psd2/articles/68.md) - [Article 69 — Obligations of the payment service user in relation to payment instruments and personalised security credentials](https://www.headlesslaw.com/psd2/articles/69.md) - [Article 70 — Obligations of the payment service provider in relation to payment instruments](https://www.headlesslaw.com/psd2/articles/70.md) - [Article 71 — Notification and rectification of unauthorised or incorrectly executed payment transactions](https://www.headlesslaw.com/psd2/articles/71.md) - [Article 72 — Evidence on authentication and execution of payment transactions](https://www.headlesslaw.com/psd2/articles/72.md) - [Article 73 — Payment service provider’s liability for unauthorised payment transactions](https://www.headlesslaw.com/psd2/articles/73.md) - [Article 74 — Payer’s liability for unauthorised payment transactions](https://www.headlesslaw.com/psd2/articles/74.md) - [Article 75 — Payment transactions where the transaction amount is not known in advance](https://www.headlesslaw.com/psd2/articles/75.md) - [Article 76 — Refunds for payment transactions initiated by or through a payee](https://www.headlesslaw.com/psd2/articles/76.md) - [Article 77 — Requests for refunds for payment transactions initiated by or through a payee](https://www.headlesslaw.com/psd2/articles/77.md) - [Article 78 — Receipt of payment orders](https://www.headlesslaw.com/psd2/articles/78.md) - [Article 79 — Refusal of payment orders](https://www.headlesslaw.com/psd2/articles/79.md) - [Article 80 — Irrevocability of a payment order](https://www.headlesslaw.com/psd2/articles/80.md) - [Article 81 — Amounts transferred and amounts received](https://www.headlesslaw.com/psd2/articles/81.md) - [Article 82 — Scope](https://www.headlesslaw.com/psd2/articles/82.md) - [Article 83 — Payment transactions to a payment account](https://www.headlesslaw.com/psd2/articles/83.md) - [Article 84 — Absence of payee’s payment account with the payment service provider](https://www.headlesslaw.com/psd2/articles/84.md) - [Article 85 — Cash placed on a payment account](https://www.headlesslaw.com/psd2/articles/85.md) - [Article 86 — National payment transactions](https://www.headlesslaw.com/psd2/articles/86.md) - [Article 87 — Value date and availability of funds](https://www.headlesslaw.com/psd2/articles/87.md) - [Article 88 — Incorrect unique identifiers](https://www.headlesslaw.com/psd2/articles/88.md) - [Article 89 — Payment service providers’ liability for non-execution, defective or late execution of payment transactions](https://www.headlesslaw.com/psd2/articles/89.md) - [Article 90 — Liability in the case of payment initiation services for non-execution, defective or late execution of payment transactions](https://www.headlesslaw.com/psd2/articles/90.md) - [Article 91 — Additional financial compensation](https://www.headlesslaw.com/psd2/articles/91.md) - [Article 92 — Right of recourse](https://www.headlesslaw.com/psd2/articles/92.md) - [Article 93 — Abnormal and unforeseeable circumstances](https://www.headlesslaw.com/psd2/articles/93.md) - [Article 94 — Data protection](https://www.headlesslaw.com/psd2/articles/94.md) - [Article 95 — Management of operational and security risks](https://www.headlesslaw.com/psd2/articles/95.md) - [Article 96 — Incident reporting](https://www.headlesslaw.com/psd2/articles/96.md) - [Article 97 — Authentication](https://www.headlesslaw.com/psd2/articles/97.md) - [Article 98 — Regulatory technical standards on authentication and communication](https://www.headlesslaw.com/psd2/articles/98.md) - [Article 99 — Complaints](https://www.headlesslaw.com/psd2/articles/99.md) - [Article 100 — Competent authorities](https://www.headlesslaw.com/psd2/articles/100.md) - [Article 101 — Dispute resolution](https://www.headlesslaw.com/psd2/articles/101.md) - [Article 102 — ADR procedures](https://www.headlesslaw.com/psd2/articles/102.md) - [Article 103 — Penalties](https://www.headlesslaw.com/psd2/articles/103.md) - [Article 104 — Delegated acts](https://www.headlesslaw.com/psd2/articles/104.md) - [Article 105 — Exercise of the delegation](https://www.headlesslaw.com/psd2/articles/105.md) - [Article 106 — Obligation to inform consumers of their rights](https://www.headlesslaw.com/psd2/articles/106.md) - [Article 107 — Full harmonisation](https://www.headlesslaw.com/psd2/articles/107.md) - [Article 108 — Review clause](https://www.headlesslaw.com/psd2/articles/108.md) - [Article 109 — Transitional provision](https://www.headlesslaw.com/psd2/articles/109.md) - [Article 110 — Amendments to Directive 2002/65/EC](https://www.headlesslaw.com/psd2/articles/110.md) - [Article 111 — Amendments to Directive 2009/110/EC](https://www.headlesslaw.com/psd2/articles/111.md) - [Article 112 — Amendments to Regulation (EU) No 1093/2010](https://www.headlesslaw.com/psd2/articles/112.md) - [Article 113 — Amendment to Directive 2013/36/EU](https://www.headlesslaw.com/psd2/articles/113.md) - [Article 114 — Repeal](https://www.headlesslaw.com/psd2/articles/114.md) - [Article 115 — Transposition](https://www.headlesslaw.com/psd2/articles/115.md) - [Article 116 — Entry into force](https://www.headlesslaw.com/psd2/articles/116.md) - [Article 117 — Addresses](https://www.headlesslaw.com/psd2/articles/117.md) - [Annexes](https://www.headlesslaw.com/psd2/annexes.md): The 2 annexes of Directive (EU) 2015/2366 (PSD2). - [Annex I](https://www.headlesslaw.com/psd2/annexes/annex-i.md) - [Annex II](https://www.headlesslaw.com/psd2/annexes/annex-ii.md) - [Level 2](https://www.headlesslaw.com/psd2/level-2.md): Level 2 — PSD2 (2 instruments). - [Regulatory technical standards (RTS)](https://www.headlesslaw.com/psd2/level-2/rts.md): Regulatory technical standards (RTS) — PSD2 (2 instruments). - [2017/2055 — RTS — Cooperation and exchange of information \[in force\]](https://www.headlesslaw.com/psd2/level-2/rts/2017-2055-cooperation-and-exchange-of-information.md) - [2018/389 — RTS — Strong customer authentication and secure communication \[in force\]](https://www.headlesslaw.com/psd2/level-2/rts/2018-389-strong-customer-authentication-and-secure-communication.md) - [Level 3](https://www.headlesslaw.com/psd2/level-3.md): Level 3 — PSD2 (312 instruments). - [Guidelines](https://www.headlesslaw.com/psd2/level-3/guidelines.md): Guidelines — PSD2 (1 instrument). - [EBA/GL/2017/09 — Guideline — Authorisation and registration under PSD2 \[final\]](https://www.headlesslaw.com/psd2/level-3/guidelines/eba-gl-2017-09-authorisation-and-registration.md) - [Q\&A](https://www.headlesslaw.com/psd2/level-3/q-and-a.md): Q\&A — PSD2 (310 instruments). - [EBA](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba.md): EBA — PSD2 (310 instruments). - [EBA Q\&A 2018\_4030 — Q\&A — Geographical scope of application of the RTS on strong \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4030-geographical-scope-of-application-of-the-rts-on-strong.md) - [EBA Q\&A 2018\_4031 — Q\&A — Applicability of SCA to ‘card payments initiated \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4031-applicability-of-sca-to-card-payments-initiated-by-the.md) - [EBA Q\&A 2018\_4032 — Q\&A — Criteria for the application of the transaction risk \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4032-criteria-for-the-application-of-the-transaction-risk.md) - [EBA Q\&A 2018\_4033 — Q\&A — Criteria for the application of the transaction risk \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4033-criteria-for-the-application-of-the-transaction-risk.md) - [EBA Q\&A 2018\_4034 — Q\&A — Criteria for the application of the transaction risk \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4034-criteria-for-the-application-of-the-transaction-risk.md) - [EBA Q\&A 2018\_4035 — Q\&A — Criteria for the application of the transaction risk \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4035-criteria-for-the-application-of-the-transaction-risk.md) - [EBA Q\&A 2018\_4036 — Q\&A — Application of the low-value contactless exemption \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4036-application-of-the-low-value-contactless-exemption.md) - [EBA Q\&A 2018\_4038 — Q\&A — Applicability of the low-value contactless exemption \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4038-applicability-of-the-low-value-contactless-exemption-to.md) - [EBA Q\&A 2018\_4039 — Q\&A — Qualification of SMS OTP as an authentication factor \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4039-qualification-of-sms-otp-as-an-authentication-factor.md) - [EBA Q\&A 2018\_4040 — Q\&A — Currency conversion of the EUR thresholds contained \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4040-currency-conversion-of-the-eur-thresholds-contained-in-the.md) - [EBA Q\&A 2018\_4041 — Q\&A — Display of incorrect authentication factors in case \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4041-display-of-incorrect-authentication-factors-in-case-of.md) - [EBA Q\&A 2018\_4042 — Q\&A — Liability for fraud when SCA exemption used \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4042-liability-for-fraud-when-sca-exemption-used.md) - [EBA Q\&A 2018\_4043 — Q\&A — Calculation of fraud rates in relation to Exemption \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4043-calculation-of-fraud-rates-in-relation-to-exemption.md) - [EBA Q\&A 2018\_4044 — Q\&A — Transaction Risk Analysis (TRA) exemption – Time period \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4044-transaction-risk-analysis-tra-exemption-time-period-for.md) - [EBA Q\&A 2018\_4045 — Q\&A — Transaction Risk Analysis (TRA) exemption – Frequency \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4045-transaction-risk-analysis-tra-exemption-frequency-of.md) - [EBA Q\&A 2018\_4047 — Q\&A — Review of security measures \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4047-review-of-security-measures.md) - [EBA Q\&A 2018\_4048 — Q\&A — Applicability of Strong Customer Authentication (SCA) \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4048-applicability-of-strong-customer-authentication-sca-to.md) - [EBA Q\&A 2018\_4049 — Q\&A — Persistent authentication for wearable devices \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4049-persistent-authentication-for-wearable-devices.md) - [EBA Q\&A 2018\_4052 — Q\&A — EMV cards and EMV terminals supporting online \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4052-emv-cards-and-emv-terminals-supporting-online-authentication.md) - [EBA Q\&A 2018\_4053 — Q\&A — Length of authentication codes \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4053-length-of-authentication-codes.md) - [EBA Q\&A 2018\_4054 — Q\&A — Confidentiality of the application cryptogram for EMV \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4054-confidentiality-of-the-application-cryptogram-for-emv.md) - [EBA Q\&A 2018\_4055 — Q\&A — Confidentiality of offline PIN \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4055-confidentiality-of-offline-pin.md) - [EBA Q\&A 2018\_4056 — Q\&A — Application of the exemption for transactions to trusted \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4056-application-of-the-exemption-for-transactions-to-trusted.md) - [EBA Q\&A 2018\_4057 — Q\&A — SCA at vending machines without PIN pad \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4057-sca-at-vending-machines-without-pin-pad.md) - [EBA Q\&A 2018\_4058 — Q\&A — Transactions initiated via Interactive Voice Response \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4058-transactions-initiated-via-interactive-voice-response-ivr.md) - [EBA Q\&A 2018\_4060 — Q\&A — Exemption for secure corporate payment processes \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4060-exemption-for-secure-corporate-payment-processes-and.md) - [EBA Q\&A 2018\_4065 — Q\&A — Accessing payment account online in web browser shall \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4065-accessing-payment-account-online-in-web-browser-shall.md) - [EBA Q\&A 2018\_4068 — Q\&A — Exemption from strong customer authentication (SCA) \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4068-exemption-from-strong-customer-authentication-sca-for.md) - [EBA Q\&A 2018\_4071 — Q\&A — Communication plans to inform payment service providers \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4071-communication-plans-to-inform-payment-service-providers.md) - [EBA Q\&A 2018\_4076 — Q\&A — On the access to trusted beneficiaries lists (RTS Art 13) \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4076-on-the-access-to-trusted-beneficiaries-lists-rts-art-13-by.md) - [EBA Q\&A 2018\_4077 — Q\&A — On the use and storage of Personalised Security \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4077-on-the-use-and-storage-of-personalised-security-credentials.md) - [EBA Q\&A 2018\_4081 — Q\&A — On the access to names and surnames through the API \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4081-on-the-access-to-names-and-surnames-through-the-api.md) - [EBA Q\&A 2018\_4083 — Q\&A — On the application of SCA when cancelling a payment \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4083-on-the-application-of-sca-when-cancelling-a-payment.md) - [EBA Q\&A 2018\_4089 — Q\&A — Obligatory nature of the SCA and exemption based \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4089-obligatory-nature-of-the-sca-and-exemption-based-on.md) - [EBA Q\&A 2018\_4090 — Q\&A — Does transaction monitoring need to be real time? \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4090-does-transaction-monitoring-need-to-be-real-time.md) - [EBA Q\&A 2018\_4095 — Q\&A — Irrevocability of a payment order initiated by a PISP \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4095-irrevocability-of-a-payment-order-initiated-by-a-pisp.md) - [EBA Q\&A 2018\_4096 — Q\&A — API functionality \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4096-api-functionality.md) - [EBA Q\&A 2018\_4098 — Q\&A — Clarification on whether a particular business model type \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4098-clarification-on-whether-a-particular-business-model-type.md) - [EBA Q\&A 2018\_4108 — Q\&A — Scope of ‘initiation of an electronic payment \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4108-scope-of-initiation-of-an-electronic-payment-transaction.md) - [EBA Q\&A 2018\_4110 — Q\&A — Data authentication standards \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4110-data-authentication-standards.md) - [EBA Q\&A 2018\_4117 — Q\&A — Sanctions list screening in the context of TPPs' services \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4117-sanctions-list-screening-in-the-context-of-tpps-services.md) - [EBA Q\&A 2018\_4120 — Q\&A — Exemptions from Strong Customer Authentication (SCA) \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4120-exemptions-from-strong-customer-authentication-sca-trusted.md) - [EBA Q\&A 2018\_4123 — Q\&A — Explicit consent required by the ASPSP from the PSU \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4123-explicit-consent-required-by-the-aspsp-from-the-psu-to.md) - [EBA Q\&A 2018\_4127 — Q\&A — Application of Transaction Risk Analysis (TRA) exemption \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4127-application-of-transaction-risk-analysis-tra-exemption-real.md) - [EBA Q\&A 2018\_4128 — Q\&A — Trusted Beneficiary exemption – Management \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4128-trusted-beneficiary-exemption-management-of-the-exemption.md) - [EBA Q\&A 2018\_4131 — Q\&A — Payee-initiated transactions with irregular period \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4131-payee-initiated-transactions-with-irregular-period-or.md) - [EBA Q\&A 2018\_4133 — Q\&A — Applicability of SCA to wallet solutions \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4133-applicability-of-sca-to-wallet-solutions.md) - [EBA Q\&A 2018\_4135 — Q\&A — SMS OTP and credit card as a two authentication factor \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4135-sms-otp-and-credit-card-as-a-two-authentication-factor.md) - [EBA Q\&A 2018\_4138 — Q\&A — Testing eIDAS certificates before 14 September 2019 \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4138-testing-eidas-certificates-before-14-september-2019.md) - [EBA Q\&A 2018\_4140 — Q\&A — ASPSP is denied the waiver to the fall-back by an NCA \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4140-aspsp-is-denied-the-waiver-to-the-fall-back-by-an-nca.md) - [EBA Q\&A 2018\_4141 — Q\&A — Authentication code \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4141-authentication-code.md) - [EBA Q\&A 2018\_4144 — Q\&A — Major incidents reporting \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4144-major-incidents-reporting.md) - [EBA Q\&A 2018\_4150 — Q\&A — Credit value date for payment transactions with currency \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4150-credit-value-date-for-payment-transactions-with-currency.md) - [EBA Q\&A 2018\_4152 — Q\&A — Review of the security measures: Audit report \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4152-review-of-the-security-measures-audit-report.md) - [EBA Q\&A 2018\_4153 — Q\&A — Review of Security Measures - Auditors expertise \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4153-review-of-security-measures-auditors-expertise.md) - [EBA Q\&A 2018\_4155 — Q\&A — Responsibility of national authority \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4155-responsibility-of-national-authority-with-regards-to-audit.md) - [EBA Q\&A 2018\_4163 — Q\&A — Fall back exemption \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4163-fall-back-exemption.md) - [EBA Q\&A 2018\_4170 — Q\&A — Home / host cooperation \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4170-home-host-cooperation.md) - [EBA Q\&A 2018\_4172 — Q\&A — Interpretation of 'Active request for account \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4172-interpretation-of-active-request-for-account-information.md) - [EBA Q\&A 2018\_4176 — Q\&A — Operation and security risk assessment of a branch \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4176-operation-and-security-risk-assessment-of-a-branch-of-a.md) - [EBA Q\&A 2018\_4177 — Q\&A — Application of SCA when a PSU accesses payment \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4177-application-of-sca-when-a-psu-accesses-payment-transactions.md) - [EBA Q\&A 2018\_4181 — Q\&A — The Implementation of the electronic communications \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4181-the-implementation-of-the-electronic-communications.md) - [EBA Q\&A 2018\_4182 — Q\&A — Application of limits for Strong customer authentication \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4182-application-of-limits-for-strong-customer-authentication.md) - [EBA Q\&A 2018\_4188 — Q\&A — Information to be provided / made available by ASPSP \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4188-information-to-be-provided-made-available-by-aspsp-to.md) - [EBA Q\&A 2018\_4210 — Q\&A — Access by AISPs when customer not present up to 4 times \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4210-access-by-aisps-when-customer-not-present-up-to-4-times-in.md) - [EBA Q\&A 2018\_4221 — Q\&A — Ability of a payment account operated by a payment \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4221-ability-of-a-payment-account-operated-by-a-payment.md) - [EBA Q\&A 2018\_4225 — Q\&A — Contactless payments at point of sale - Applications \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4225-contactless-payments-at-point-of-sale-applications-of-the.md) - [EBA Q\&A 2018\_4226 — Q\&A — Contactless payments at point of sale - Applications \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4226-contactless-payments-at-point-of-sale-applications-of-the.md) - [EBA Q\&A 2018\_4227 — Q\&A — Contactless counting \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4227-contactless-counting.md) - [EBA Q\&A 2018\_4230 — Q\&A — Contactless transactions - SCA \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4230-contactless-transactions-sca.md) - [EBA Q\&A 2018\_4231 — Q\&A — Responsibility for comprehensive assessment according \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4231-responsibility-for-comprehensive-assessment-according-to.md) - [EBA Q\&A 2018\_4233 — Q\&A — Is the scope of the RTS on strong customer authentication \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4233-is-the-scope-of-the-rts-on-strong-customer-authentication.md) - [EBA Q\&A 2018\_4235 — Q\&A — Ability of static card data to be considered a possession \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4235-ability-of-static-card-data-to-be-considered-a-possession.md) - [EBA Q\&A 2018\_4237 — Q\&A — Signature on a paper slip from a payment terminal \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4237-signature-on-a-paper-slip-from-a-payment-terminal-as-a.md) - [EBA Q\&A 2018\_4238 — Q\&A — Signature performed on the screen of a digital device \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4238-signature-performed-on-the-screen-of-a-digital-device-as-a.md) - [EBA Q\&A 2018\_4239 — Q\&A — Applicability of exemption from strong customer \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4239-applicability-of-exemption-from-strong-customer.md) - [EBA Q\&A 2018\_4241 — Q\&A — Applicability of exemption under RTS Article 11 \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4241-applicability-of-exemption-under-rts-article-11-for-payee-s.md) - [EBA Q\&A 2018\_4242 — Q\&A — Applicability of exemption under RTS Article 16 \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4242-applicability-of-exemption-under-rts-article-16-for-payee-s.md) - [EBA Q\&A 2018\_4272 — Q\&A — Payment accounts and reference accounts \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4272-payment-accounts-and-reference-accounts.md) - [EBA Q\&A 2018\_4298 — Q\&A — Calculation of own funds required for payment institution \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4298-calculation-of-own-funds-required-for-payment-institution.md) - [EBA Q\&A 2018\_4299 — Q\&A — Calculation of own funds required for payment institution \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4299-calculation-of-own-funds-required-for-payment-institution.md) - [EBA Q\&A 2018\_4309 — Q\&A — Consent for the provision of PIS and AIS \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4309-consent-for-the-provision-of-pis-and-ais.md) - [EBA Q\&A 2018\_4315 — Q\&A — Strong Authentication \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4315-strong-authentication.md) - [EBA Q\&A 2018\_4338 — Q\&A — Trusted Beneficiaries \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4338-trusted-beneficiaries.md) - [EBA Q\&A 2018\_4339 — Q\&A — 90 Day Access via Direct Access \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4339-90-day-access-via-direct-access.md) - [EBA Q\&A 2018\_4342 — Q\&A — Chip and Signature cards and their inclusion in the remit \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4342-chip-and-signature-cards-and-their-inclusion-in-the-remit.md) - [EBA Q\&A 2018\_4359 — Q\&A — Does SCA apply to electronically processed SEPA Direct \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4359-does-sca-apply-to-electronically-processed-sepa-direct.md) - [EBA Q\&A 2018\_4360 — Q\&A — Application of the exemption related to a trusted \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4360-application-of-the-exemption-related-to-a-trusted.md) - [EBA Q\&A 2018\_4366 — Q\&A — Showing a password after it has been masked \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4366-showing-a-password-after-it-has-been-masked.md) - [EBA Q\&A 2018\_4371 — Q\&A — Categories of Registration \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4371-categories-of-registration.md) - [EBA Q\&A 2018\_4375 — Q\&A — Certfication in relation to a Technical Service Provider \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4375-certfication-in-relation-to-a-technical-service-provider-tsp.md) - [EBA Q\&A 2018\_4383 — Q\&A — Exemption of secure corporate payment processes \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4383-exemption-of-secure-corporate-payment-processes-and.md) - [EBA Q\&A 2018\_4399 — Q\&A — Electronic chip transactions authenticated with a hand \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4399-electronic-chip-transactions-authenticated-with-a-hand.md) - [EBA Q\&A 2018\_4400 — Q\&A — Secure corporate payment processes and protocols \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4400-secure-corporate-payment-processes-and-protocols.md) - [EBA Q\&A 2018\_4404 — Q\&A — Subsequent instances of a recurring card payment \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4404-subsequent-instances-of-a-recurring-card-payment.md) - [EBA Q\&A 2018\_4413 — Q\&A — Qualified certificate under eIDAS for ASPSP \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4413-qualified-certificate-under-eidas-for-aspsp.md) - [EBA Q\&A 2018\_4414 — Q\&A — Usage of SMS for dynamic linking \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4414-usage-of-sms-for-dynamic-linking.md) - [EBA Q\&A 2018\_4415 — Q\&A — Dynamic linking for batch transactions \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4415-dynamic-linking-for-batch-transactions.md) - [EBA Q\&A 2018\_4429 — Q\&A — Application of the Low Value Transaction Limits \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4429-application-of-the-low-value-transaction-limits.md) - [EBA Q\&A 2018\_4432 — Q\&A — Passporting and eIDAS certificates \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4432-passporting-and-eidas-certificates.md) - [EBA Q\&A 2018\_4435 — Q\&A — Dynamic Linking for batch payments \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4435-dynamic-linking-for-batch-payments.md) - [EBA Q\&A 2018\_4439 — Q\&A — Fraud rate calculation for TRA exemption – country \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4439-fraud-rate-calculation-for-tra-exemption-country-dimension.md) - [EBA Q\&A 2018\_4440 — Q\&A — Revocation / Invalidation of SCA proof before execution \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2018-4440-revocation-invalidation-of-sca-proof-before-execution-date.md) - [EBA Q\&A 2019\_4450 — Q\&A — Potential inconsistency on the application \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4450-potential-inconsistency-on-the-application-of-strong.md) - [EBA Q\&A 2019\_4480 — Q\&A — Unattended terminals and Transaction Risk Analysis (TRA) \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4480-unattended-terminals-and-transaction-risk-analysis-tra.md) - [EBA Q\&A 2019\_4484 — Q\&A — Strong customer authentication requirement \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4484-strong-customer-authentication-requirement-on-pay-by.md) - [EBA Q\&A 2019\_4496 — Q\&A — Revocation of future dated Payment Initiation Services \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4496-revocation-of-future-dated-payment-initiation-services-pis.md) - [EBA Q\&A 2019\_4507 — Q\&A — Content of eIDAS certificates if agents or outsource \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4507-content-of-eidas-certificates-if-agents-or-outsource.md) - [EBA Q\&A 2019\_4532 — Q\&A — Strong Customer Authentication (SCA) possession element \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4532-strong-customer-authentication-sca-possession-element.md) - [EBA Q\&A 2019\_4542 — Q\&A — Insurance policy on minimum monetary amount \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4542-insurance-policy-on-minimum-monetary-amount-of-the.md) - [EBA Q\&A 2019\_4556 — Q\&A — Definition of payee for dynamic linking \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4556-definition-of-payee-for-dynamic-linking.md) - [EBA Q\&A 2019\_4560 — Q\&A — SCA profiles and multiple-use of devices \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4560-sca-profiles-and-multiple-use-of-devices.md) - [EBA Q\&A 2019\_4564 — Q\&A — Exemptions from Strong Customer Authentication (SCA) \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4564-exemptions-from-strong-customer-authentication-sca-credit.md) - [EBA Q\&A 2019\_4573 — Q\&A — Immediate Refund by the Payment Service Provider \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4573-immediate-refund-by-the-payment-service-provider-of.md) - [EBA Q\&A 2019\_4576 — Q\&A — Surcharging \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4576-surcharging.md) - [EBA Q\&A 2019\_4586 — Q\&A — Requirement on the use of a Qualified Certificate \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4586-requirement-on-the-use-of-a-qualified-certificate-for.md) - [EBA Q\&A 2019\_4594 — Q\&A — Definition of an electronic remote payment transaction \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4594-definition-of-an-electronic-remote-payment-transaction.md) - [EBA Q\&A 2019\_4601 — Q\&A — ASPSP providing updated payment status to PISP \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4601-aspsp-providing-updated-payment-status-to-pisp.md) - [EBA Q\&A 2019\_4604 — Q\&A — Scope - Limited network exclusion \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4604-scope-limited-network-exclusion.md) - [EBA Q\&A 2019\_4609 — Q\&A — Identification and access for testing purposes \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4609-identification-and-access-for-testing-purposes-of-entities.md) - [EBA Q\&A 2019\_4630 — Q\&A — Applicability of Article 34 (eIDAS certificates) prior \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4630-applicability-of-article-34-eidas-certificates-prior-to.md) - [EBA Q\&A 2019\_4631 — Q\&A — TPP access only with PSU involvement \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4631-tpp-access-only-with-psu-involvement.md) - [EBA Q\&A 2019\_4637 — Q\&A — Separation of factors for strong customer authentication \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4637-separation-of-factors-for-strong-customer-authentication.md) - [EBA Q\&A 2019\_4638 — Q\&A — Wide usage portability between Member States \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4638-wide-usage-portability-between-member-states.md) - [EBA Q\&A 2019\_4650 — Q\&A — EBA register providing a list of third party providers \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4650-eba-register-providing-a-list-of-third-party-providers-tpps.md) - [EBA Q\&A 2019\_4651 — Q\&A — Relying on vendor mechanisms processing the biometric \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4651-relying-on-vendor-mechanisms-processing-the-biometric-data.md) - [EBA Q\&A 2019\_4661 — Q\&A — Inclusion of time taken for SCA in the performance KPI \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4661-inclusion-of-time-taken-for-sca-in-the-performance-kpi.md) - [EBA Q\&A 2019\_4662 — Q\&A — Define what is “given period of time” \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4662-define-what-is-given-period-of-time.md) - [EBA Q\&A 2019\_4664 — Q\&A — Applicability of SCA to electronically processed SEPA \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4664-applicability-of-sca-to-electronically-processed-sepa.md) - [EBA Q\&A 2019\_4671 — Q\&A — Compliance of (1) card data (2) SMS OTP and (3) EMV 3DS \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4671-compliance-of-1-card-data-2-sms-otp-and-3-emv-3ds-behaviour.md) - [EBA Q\&A 2019\_4679 — Q\&A — Authorisation number in eIDAS certificates \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4679-authorisation-number-in-eidas-certificates.md) - [EBA Q\&A 2019\_4681 — Q\&A — What is considered as a dedicated interface \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4681-what-is-considered-as-a-dedicated-interface.md) - [EBA Q\&A 2019\_4691 — Q\&A — Interpretation of the words ‘preceding year’ \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4691-interpretation-of-the-words-preceding-year-in-method-b.md) - [EBA Q\&A 2019\_4693 — Q\&A — Scope of the corporate SCA exemption. \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4693-scope-of-the-corporate-sca-exemption.md) - [EBA Q\&A 2019\_4702 — Q\&A — Transaction risk analysis (TRA) exemption – Calculation \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4702-transaction-risk-analysis-tra-exemption-calculation-of.md) - [EBA Q\&A 2019\_4703 — Q\&A — Report of fraud rates by issuers and acquirers \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4703-report-of-fraud-rates-by-issuers-and-acquirers.md) - [EBA Q\&A 2019\_4712 — Q\&A — AISPs and scope of application AML requirements \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4712-aisps-and-scope-of-application-aml-requirements.md) - [EBA Q\&A 2019\_4740 — Q\&A — Compliance with SCA in offline mode on an aircraft \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4740-compliance-with-sca-in-offline-mode-on-an-aircraft-without.md) - [EBA Q\&A 2019\_4752 — Q\&A — Authorisation for the provision of PIS and AIS on behalf \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4752-authorisation-for-the-provision-of-pis-and-ais-on-behalf-of.md) - [EBA Q\&A 2019\_4753 — Q\&A — Requirement for credit institutions \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4753-requirement-for-credit-institutions-and-electronic-money.md) - [EBA Q\&A 2019\_4776 — Q\&A — More than one transaction from a single consumer \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4776-more-than-one-transaction-from-a-single-consumer-initiated.md) - [EBA Q\&A 2019\_4783 — Q\&A — Delayed or deferred PIN for wearable devices \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4783-delayed-or-deferred-pin-for-wearable-devices.md) - [EBA Q\&A 2019\_4785 — Q\&A — Unsuccessful authentications and declined transactions \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4785-unsuccessful-authentications-and-declined-transactions.md) - [EBA Q\&A 2019\_4788 — Q\&A — Treatment of electronic bookings similar to Mail Order \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4788-treatment-of-electronic-bookings-similar-to-mail-order-and.md) - [EBA Q\&A 2019\_4790 — Q\&A — Keyed Mail Order or Telephone Order (MO-TO) transactions \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4790-keyed-mail-order-or-telephone-order-mo-to-transactions.md) - [EBA Q\&A 2019\_4791 — Q\&A — Processing payments for hotel reservations \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4791-processing-payments-for-hotel-reservations.md) - [EBA Q\&A 2019\_4792 — Q\&A — Merchant Initiated Transactions exemption for hotel \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4792-merchant-initiated-transactions-exemption-for-hotel.md) - [EBA Q\&A 2019\_4794 — Q\&A — Consumer mandate under Merchant Initiated Transactions \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4794-consumer-mandate-under-merchant-initiated-transactions.md) - [EBA Q\&A 2019\_4795 — Q\&A — Validity of SCA \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4795-validity-of-sca.md) - [EBA Q\&A 2019\_4796 — Q\&A — Intermediaries and Merchant-ID \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4796-intermediaries-and-merchant-id.md) - [EBA Q\&A 2019\_4797 — Q\&A — Merchant IDs and SCA \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4797-merchant-ids-and-sca.md) - [EBA Q\&A 2019\_4800 — Q\&A — Whitelisting \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4800-whitelisting.md) - [EBA Q\&A 2019\_4811 — Q\&A — The amount of a card payment transaction \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4811-the-amount-of-a-card-payment-transaction-authorised-online.md) - [EBA Q\&A 2019\_4823 — Q\&A — 3 month notification period on interface changes \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4823-3-month-notification-period-on-interface-changes-to-aspsps.md) - [EBA Q\&A 2019\_4826 — Q\&A — Scope of contingency mechanism \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4826-scope-of-contingency-mechanism.md) - [EBA Q\&A 2019\_4827 — Q\&A — Tokenised card details as a SCA possession element. \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4827-tokenised-card-details-as-a-sca-possession-element.md) - [EBA Q\&A 2019\_4854 — Q\&A — Account Data required by a ASPSP to execute a payment \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4854-account-data-required-by-a-aspsp-to-execute-a-payment-order.md) - [EBA Q\&A 2019\_4855 — Q\&A — Application of the strong customer authentication (SCA) \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4855-application-of-the-strong-customer-authentication-sca-in.md) - [EBA Q\&A 2019\_4856 — Q\&A — Type of accounts accessible through common and secure \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4856-type-of-accounts-accessible-through-common-and-secure.md) - [EBA Q\&A 2019\_4866 — Q\&A — Reporting of card transactions that are out-of-scope \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4866-reporting-of-card-transactions-that-are-out-of-scope-from.md) - [EBA Q\&A 2019\_4874 — Q\&A — Roles that can be assigned to electronic money \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4874-roles-that-can-be-assigned-to-electronic-money-institutions.md) - [EBA Q\&A 2019\_4875 — Q\&A — Failed Authentication Code \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4875-failed-authentication-code.md) - [EBA Q\&A 2019\_4910 — Q\&A — Authentication code \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4910-authentication-code.md) - [EBA Q\&A 2019\_4919 — Q\&A — Interpretation of payment instrument \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4919-interpretation-of-payment-instrument.md) - [EBA Q\&A 2019\_4921 — Q\&A — Safeguarding requirements \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4921-safeguarding-requirements.md) - [EBA Q\&A 2019\_4937 — Q\&A — SCA for contactless payments at a POS executed \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4937-sca-for-contactless-payments-at-a-pos-executed-via-a-mobile.md) - [EBA Q\&A 2019\_4982 — Q\&A — Services offered by means of ATM by providers \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4982-services-offered-by-means-of-atm-by-providers.md) - [EBA Q\&A 2019\_4984 — Q\&A — Push based authentication and SCA requirements \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-4984-push-based-authentication-and-sca-requirements.md) - [EBA Q\&A 2019\_5008 — Q\&A — Losses due to fraud per liability bearer / Perdite dovute \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-5008-losses-due-to-fraud-per-liability-bearer-perdite-dovute-a.md) - [EBA Q\&A 2019\_5019 — Q\&A — Online foreign exchange \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-5019-online-foreign-exchange.md) - [EBA Q\&A 2019\_5039 — Q\&A — Reporting of fraud by the acquirers \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-5039-reporting-of-fraud-by-the-acquirers.md) - [EBA Q\&A 2019\_5041 — Q\&A — Reporting of PISP initiated payments \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-5041-reporting-of-pisp-initiated-payments.md) - [EBA Q\&A 2019\_5042 — Q\&A — Reporting of PISP transactions \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-5042-reporting-of-pisp-transactions.md) - [EBA Q\&A 2019\_5043 — Q\&A — Direct debts fraud reporting \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-5043-direct-debts-fraud-reporting.md) - [EBA Q\&A 2019\_5044 — Q\&A — Recording of e-money \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-5044-recording-of-e-money.md) - [EBA Q\&A 2019\_5045 — Q\&A — Card payments - acquirer \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-5045-card-payments-acquirer.md) - [EBA Q\&A 2019\_5046 — Q\&A — Recording of card payments \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-5046-recording-of-card-payments.md) - [EBA Q\&A 2019\_5054 — Q\&A — Contingency Measures under Article 33 \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-5054-contingency-measures-under-article-33.md) - [EBA Q\&A 2019\_5056 — Q\&A — Data breakdown on fraud by different card functions \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2019-5056-data-breakdown-on-fraud-by-different-card-functions-for.md) - [EBA Q\&A 2020\_5070 — Q\&A — Reporting of e-commerce card-based payment transactions \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5070-reporting-of-e-commerce-card-based-payment-transactions.md) - [EBA Q\&A 2020\_5099 — Q\&A — Collection of fees for utilities or other regular \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5099-collection-of-fees-for-utilities-or-other-regular-services.md) - [EBA Q\&A 2020\_5115 — Q\&A — Using Trusted Beneficiary Lists to Auto Reject PISP \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5115-using-trusted-beneficiary-lists-to-auto-reject-pisp.md) - [EBA Q\&A 2020\_5124 — Q\&A — SCA for staff assisted electronic channel \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5124-sca-for-staff-assisted-electronic-channel.md) - [EBA Q\&A 2020\_5133 — Q\&A — Dynamic linking: transactions for which the final amount \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5133-dynamic-linking-transactions-for-which-the-final-amount-is.md) - [EBA Q\&A 2020\_5135 — Q\&A — Payment Initiation Scope and Trusted Beneficiaries \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5135-payment-initiation-scope-and-trusted-beneficiaries.md) - [EBA Q\&A 2020\_5165 — Q\&A — Individual's name to return in AISP/PISP calls \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5165-individual-s-name-to-return-in-aisp-pisp-calls.md) - [EBA Q\&A 2020\_5181 — Q\&A — Acquisition and money remittance payment service \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5181-acquisition-and-money-remittance-payment-service.md) - [EBA Q\&A 2020\_5184 — Q\&A — Obstacles to the payment initiation service \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5184-obstacles-to-the-payment-initiation-service.md) - [EBA Q\&A 2020\_5215 — Q\&A — Elements of possession (SIM card) and knowledge \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5215-elements-of-possession-sim-card-and-knowledge-knowledge.md) - [EBA Q\&A 2020\_5216 — Q\&A — Money Remittance \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5216-money-remittance.md) - [EBA Q\&A 2020\_5224 — Q\&A — Transport and parking exemption for parking and electric \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5224-transport-and-parking-exemption-for-parking-and-electric.md) - [EBA Q\&A 2020\_5247 — Q\&A — Clarification of remote payment for dynamic linking \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5247-clarification-of-remote-payment-for-dynamic-linking.md) - [EBA Q\&A 2020\_5249 — Q\&A — Access to account for FinTech Solutions that incorporate \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5249-access-to-account-for-fintech-solutions-that-incorporate.md) - [EBA Q\&A 2020\_5264 — Q\&A — Safeguarding \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5264-safeguarding.md) - [EBA Q\&A 2020\_5288 — Q\&A — Mount unattended contactless device on general goods \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5288-mount-unattended-contactless-device-on-general-goods.md) - [EBA Q\&A 2020\_5325 — Q\&A — Alternative strong customer authentication for citizens \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5325-alternative-strong-customer-authentication-for-citizens.md) - [EBA Q\&A 2020\_5335 — Q\&A — How to use bank guarantees instead of PII \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5335-how-to-use-bank-guarantees-instead-of-pii.md) - [EBA Q\&A 2020\_5353 — Q\&A — On the requirements for 'inherence' in strong customer \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5353-on-the-requirements-for-inherence-in-strong-customer.md) - [EBA Q\&A 2020\_5354 — Q\&A — The implementation of commercial agent exclusion \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5354-the-implementation-of-commercial-agent-exclusion-for-e.md) - [EBA Q\&A 2020\_5355 — Q\&A — The implementation of commercial agent exclusion for B2C \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5355-the-implementation-of-commercial-agent-exclusion-for-b2c-e.md) - [EBA Q\&A 2020\_5366 — Q\&A — Clarification on where the creation of the authentication \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5366-clarification-on-where-the-creation-of-the-authentication.md) - [EBA Q\&A 2020\_5367 — Q\&A — SCA requirements with dynamic linking for mobile \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5367-sca-requirements-with-dynamic-linking-for-mobile-initiated.md) - [EBA Q\&A 2020\_5476 — Q\&A — Clarification on the qualification and protection \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5476-clarification-on-the-qualification-and-protection.md) - [EBA Q\&A 2020\_5477 — Q\&A — Clarification on level of protection required \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5477-clarification-on-level-of-protection-required-for-the.md) - [EBA Q\&A 2020\_5479 — Q\&A — Ability of a creditor to change a mandate \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5479-ability-of-a-creditor-to-change-a-mandate.md) - [EBA Q\&A 2020\_5498 — Q\&A — Payers right to make use of payment initiation service \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5498-payers-right-to-make-use-of-payment-initiation-service.md) - [EBA Q\&A 2020\_5502 — Q\&A — Clarification of meanings 'transferring of funds' \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5502-clarification-of-meanings-transferring-of-funds-and-another.md) - [EBA Q\&A 2020\_5516 — Q\&A — Perform SCA by reusing an element used \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5516-perform-sca-by-reusing-an-element-used-in-an-authentication.md) - [EBA Q\&A 2020\_5534 — Q\&A — Bill-payment via postal service \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5534-bill-payment-via-postal-service.md) - [EBA Q\&A 2020\_5570 — Q\&A — Consumer explicit consent to the PISP for processing \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5570-consumer-explicit-consent-to-the-pisp-for-processing-of.md) - [EBA Q\&A 2020\_5573 — Q\&A — Information to be provided by the PISP to the payer prior \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5573-information-to-be-provided-by-the-pisp-to-the-payer-prior.md) - [EBA Q\&A 2020\_5619 — Q\&A — Independence of the elements for SCA \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5619-independence-of-the-elements-for-sca.md) - [EBA Q\&A 2020\_5620 — Q\&A — Use of behavioural data for SCA \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5620-use-of-behavioural-data-for-sca.md) - [EBA Q\&A 2020\_5621 — Q\&A — Use of new technology for SCA \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5621-use-of-new-technology-for-sca.md) - [EBA Q\&A 2020\_5622 — Q\&A — Application of SCA to issuing a payment instrument \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5622-application-of-sca-to-issuing-a-payment-instrument-and.md) - [EBA Q\&A 2020\_5626 — Q\&A — Association with the payment service user by means \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5626-association-with-the-payment-service-user-by-means-of-a.md) - [EBA Q\&A 2020\_5643 — Q\&A — Delegation of 2-Factor Authentication (2FA) to PISP, AISP \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5643-delegation-of-2-factor-authentication-2fa-to-pisp-aisp-or.md) - [EBA Q\&A 2020\_5650 — Q\&A — Requirements towards SCA if association is done based \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5650-requirements-towards-sca-if-association-is-done-based-on.md) - [EBA Q\&A 2020\_5673 — Q\&A — Legal requirements for the authentication procedure \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2020-5673-legal-requirements-for-the-authentication-procedure-when.md) - [EBA Q\&A 2021\_5726 — Q\&A — “Triangular ” passport \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-5726-triangular-passport.md) - [EBA Q\&A 2021\_5755 — Q\&A — On the access to safeguarding accounts through \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-5755-on-the-access-to-safeguarding-accounts-through-the.md) - [EBA Q\&A 2021\_5763 — Q\&A — Obstacle to the provision of payment initiation \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-5763-obstacle-to-the-provision-of-payment-initiation-and-account.md) - [EBA Q\&A 2021\_5821 — Q\&A — Strong customer authentication (SCA) Knowledge element \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-5821-strong-customer-authentication-sca-knowledge-element-place.md) - [EBA Q\&A 2021\_5845 — Q\&A — Ability of Payee’s PSP to apply exemptions from SCA \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-5845-ability-of-payee-s-psp-to-apply-exemptions-from-sca-in.md) - [EBA Q\&A 2021\_6029 — Q\&A — Scope of “additional registrations” as obstacles \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6029-scope-of-additional-registrations-as-obstacles-in-the-sense.md) - [EBA Q\&A 2021\_6044 — Q\&A — Re-engineering by TPP of the ASPSP’s redirect API and PSU \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6044-re-engineering-by-tpp-of-the-aspsp-s-redirect-api-and-psu.md) - [EBA Q\&A 2021\_6077 — Q\&A — Confirmation of Funds (CoF) request by a PISP in case \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6077-confirmation-of-funds-cof-request-by-a-pisp-in-case-of.md) - [EBA Q\&A 2021\_6078 — Q\&A — Information on the host member State in which Third Party \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6078-information-on-the-host-member-state-in-which-third-party.md) - [EBA Q\&A 2021\_6141 — Q\&A — Association of personalised security credentials \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6141-association-of-personalised-security-credentials-to-the.md) - [EBA Q\&A 2021\_6145 — Q\&A — SCA applicability / Application of SCA at tokenisation \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6145-sca-applicability-application-of-sca-at-tokenisation-stage.md) - [EBA Q\&A 2021\_6156 — Q\&A — Arbitrating between security and obstacles \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6156-arbitrating-between-security-and-obstacles.md) - [EBA Q\&A 2021\_6235 — Q\&A — Application of the exemption under Article 10 RTS \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6235-application-of-the-exemption-under-article-10-rts-and-ebics.md) - [EBA Q\&A 2021\_6236 — Q\&A — Payment Initiation Service - Batch payment / bulk payment \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6236-payment-initiation-service-batch-payment-bulk-payment.md) - [EBA Q\&A 2021\_6241 — Q\&A — Calculation of “payment volume” for method B \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6241-calculation-of-payment-volume-for-method-b-in-the-article-9.md) - [EBA Q\&A 2021\_6245 — Q\&A — ASPSP restricting access for TPPs who embeds the redirect \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6245-aspsp-restricting-access-for-tpps-who-embeds-the-redirect.md) - [EBA Q\&A 2021\_6246 — Q\&A — Change of TPP access rights for AIS consent by the PSU \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6246-change-of-tpp-access-rights-for-ais-consent-by-the-psu.md) - [EBA Q\&A 2021\_6256 — Q\&A — Payee-initiated transactions with irregular period \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6256-payee-initiated-transactions-with-irregular-period-or.md) - [EBA Q\&A 2021\_6280 — Q\&A — Application of SCA for confirmation of funds requests \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6280-application-of-sca-for-confirmation-of-funds-requests-made.md) - [EBA Q\&A 2021\_6283 — Q\&A — Provision of the acquiring of payment transactions \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6283-provision-of-the-acquiring-of-payment-transactions-payment.md) - [EBA Q\&A 2021\_6298 — Q\&A — Clarification on the protection requirements \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6298-clarification-on-the-protection-requirements-of-a.md) - [EBA Q\&A 2021\_6305 — Q\&A — Articulation and interaction of the second and the third \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6305-articulation-and-interaction-of-the-second-and-the-third.md) - [EBA Q\&A 2021\_6315 — Q\&A — Transactions initiated via electronic mail (email) \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6315-transactions-initiated-via-electronic-mail-email.md) - [EBA Q\&A 2021\_6318 — Q\&A — Future-dated payments and recurring transactions \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6318-future-dated-payments-and-recurring-transactions.md) - [EBA Q\&A 2021\_6320 — Q\&A — PISP’s access to payable charges applied by the ASPSP \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6320-pisp-s-access-to-payable-charges-applied-by-the-aspsp-on.md) - [EBA Q\&A 2021\_6321 — Q\&A — Authentication procedures that ASPSPs’ interfaces \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2021-6321-authentication-procedures-that-aspsps-interfaces-are.md) - [EBA Q\&A 2022\_6360 — Q\&A — Exclusion of cash withdrawal services from PSD2 \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2022-6360-exclusion-of-cash-withdrawal-services-from-psd2.md) - [EBA Q\&A 2022\_6385 — Q\&A — Interpretation of the words ‘preceding year’ \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2022-6385-interpretation-of-the-words-preceding-year-in-method-b.md) - [EBA Q\&A 2022\_6391 — Q\&A — Paper-based postal money orders as defined \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2022-6391-paper-based-postal-money-orders-as-defined-by-the-universal.md) - [EBA Q\&A 2022\_6392 — Q\&A — API functionality \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2022-6392-api-functionality.md) - [EBA Q\&A 2022\_6437 — Q\&A — Annex VI - Agentes/distributors \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2022-6437-annex-vi-agentes-distributors.md) - [EBA Q\&A 2022\_6464 — Q\&A — SCA for token replacement \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2022-6464-sca-for-token-replacement.md) - [EBA Q\&A 2022\_6481 — Q\&A — Reading of the term means of payment \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2022-6481-reading-of-the-term-means-of-payment.md) - [EBA Q\&A 2022\_6489 — Q\&A — The definition of payment services and in particular \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2022-6489-the-definition-of-payment-services-and-in-particular-the.md) - [EBA Q\&A 2022\_6526 — Q\&A — Evidences / Records to be stored by account servicing \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2022-6526-evidences-records-to-be-stored-by-account-servicing-payment.md) - [EBA Q\&A 2022\_6570 — Q\&A — Initial Capital \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2022-6570-initial-capital.md) - [EBA Q\&A 2022\_6611 — Q\&A — Payment account \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2022-6611-payment-account.md) - [EBA Q\&A 2022\_6612 — Q\&A — Information provided to the payee on individual payment \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2022-6612-information-provided-to-the-payee-on-individual-payment.md) - [EBA Q\&A 2022\_6613 — Q\&A — Publication of quarterly statistics, according \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2022-6613-publication-of-quarterly-statistics-according-to-gl-3-of.md) - [EBA Q\&A 2023\_6675 — Q\&A — Consideration of own funds requirements as a comparable \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2023-6675-consideration-of-own-funds-requirements-as-a-comparable.md) - [EBA Q\&A 2023\_6687 — Q\&A — Period to be covered by statistics pursuant to Article \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2023-6687-period-to-be-covered-by-statistics-pursuant-to-article-32-4.md) - [EBA Q\&A 2023\_6691 — Q\&A — Is Article 5 of Regulation 2021/1230 applicable \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2023-6691-is-article-5-of-regulation-2021-1230-applicable-on-the-spot.md) - [EBA Q\&A 2023\_6744 — Q\&A — Service Downtime \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2023-6744-service-downtime.md) - [EBA Q\&A 2023\_6750 — Q\&A — requirements for professional experience \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2023-6750-requirements-for-professional-experience-of-representatives.md) - [EBA Q\&A 2023\_6752 — Q\&A — Eligibility of communication by AISPs with ASPSP \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2023-6752-eligibility-of-communication-by-aisps-with-aspsp-throughout.md) - [EBA Q\&A 2023\_6753 — Q\&A — Eligibility of communication by AISPs with ASPSP \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2023-6753-eligibility-of-communication-by-aisps-with-aspsp-throughout.md) - [EBA Q\&A 2023\_6767 — Q\&A — App to app redirection with biometrics for PIS \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2023-6767-app-to-app-redirection-with-biometrics-for-pis.md) - [EBA Q\&A 2023\_6777 — Q\&A — Exchange rate mark-ups part of 'all charges \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2023-6777-exchange-rate-mark-ups-part-of-all-charges-payable-currency.md) - [EBA Q\&A 2023\_6788 — Q\&A — Fraud reporting \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2023-6788-fraud-reporting.md) - [EBA Q\&A 2023\_6790 — Q\&A — Multi-licensed entity capital requirement \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2023-6790-multi-licensed-entity-capital-requirement.md) - [EBA Q\&A 2023\_6820 — Q\&A — Exemption from strong customer authentication \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2023-6820-exemption-from-strong-customer-authentication.md) - [EBA Q\&A 2023\_6827 — Q\&A — Trusted Beneficiaries \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2023-6827-trusted-beneficiaries.md) - [EBA Q\&A 2023\_6863 — Q\&A — Mobile Banking Services and SCA in the same app \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2023-6863-mobile-banking-services-and-sca-in-the-same-app.md) - [EBA Q\&A 2023\_6873 — Q\&A — PISP payment order cancellation due to fraud prevention \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2023-6873-pisp-payment-order-cancellation-due-to-fraud-prevention.md) - [EBA Q\&A 2023\_6882 — Q\&A — Safeguarding with a credit institition in a third country \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2023-6882-safeguarding-with-a-credit-institition-in-a-third-country.md) - [EBA Q\&A 2023\_6910 — Q\&A — Interpretation of payment instrument \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2023-6910-interpretation-of-payment-instrument.md) - [EBA Q\&A 2023\_6946 — Q\&A — Card data (PAN) to be returned in AISP calls \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2023-6946-card-data-pan-to-be-returned-in-aisp-calls.md) - [EBA Q\&A 2023\_6949 — Q\&A — Secure corporate payment processes and protocols \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2023-6949-secure-corporate-payment-processes-and-protocols-and.md) - [EBA Q\&A 2023\_6951 — Q\&A — Requirement for loan agents to register \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2023-6951-requirement-for-loan-agents-to-register-as-payment-service.md) - [EBA Q\&A 2024\_6989 — Q\&A — Criteria for selecting the operations to be included \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2024-6989-criteria-for-selecting-the-operations-to-be-included-in-the.md) - [EBA Q\&A 2024\_7003 — Q\&A — Third party access to account attributes \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2024-7003-third-party-access-to-account-attributes.md) - [EBA Q\&A 2024\_7056 — Q\&A — Credit \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2024-7056-credit.md) - [EBA Q\&A 2024\_7093 — Q\&A — Clarification needed in dedicated Interfaces \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2024-7093-clarification-needed-in-dedicated-interfaces-supervision.md) - [EBA Q\&A 2024\_7103 — Q\&A — Revocation of ASPSP's Exemption from the Contingency \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2024-7103-revocation-of-aspsp-s-exemption-from-the-contingency.md) - [EBA Q\&A 2024\_7118 — Q\&A — Definition of Communication Standards \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2024-7118-definition-of-communication-standards-under-article-30-3.md) - [EBA Q\&A 2024\_7165 — Q\&A — Compliance of non-bank PSPs with the safeguarding \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2024-7165-compliance-of-non-bank-psps-with-the-safeguarding.md) - [EBA Q\&A 2024\_7199 — Q\&A — non-discrimination in implementing PSD2 \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2024-7199-non-discrimination-in-implementing-psd2-for-safeguarding.md) - [EBA Q\&A 2024\_7261 — Q\&A — Obstacles Faced by PISPs in Accessing Payment Status \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2024-7261-obstacles-faced-by-pisps-in-accessing-payment-status.md) - [EBA Q\&A 2024\_7265 — Q\&A — Proxy matrices \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2024-7265-proxy-matrices.md) - [EBA Q\&A 2024\_7286 — Q\&A — Knowledge element of SCA. \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2024-7286-knowledge-element-of-sca.md) - [EBA Q\&A 2025\_7317 — Q\&A — Minimum monetary amount of professional indemnity \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2025-7317-minimum-monetary-amount-of-professional-indemnity-insurance.md) - [EBA Q\&A 2025\_7358 — Q\&A — Authentication process of the PSU with the ASPSP \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2025-7358-authentication-process-of-the-psu-with-the-aspsp-in-a.md) - [EBA Q\&A 2025\_7376 — Q\&A — the use of strong and widely recognized encryption \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2025-7376-the-use-of-strong-and-widely-recognized-encryption.md) - [EBA Q\&A 2025\_7396 — Q\&A — Application of general requirements of Chapter 6 \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2025-7396-application-of-general-requirements-of-chapter-6-of-the.md) - [EBA Q\&A 2025\_7425 — Q\&A — Setting limit (daily and/or per transaction) \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2025-7425-setting-limit-daily-and-or-per-transaction-for-the.md) - [EBA Q\&A 2025\_7482 — Q\&A — SCA exception for Contactless only terminals (SoftPOS) \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2025-7482-sca-exception-for-contactless-only-terminals-softpos-in.md) - [EBA Q\&A 2025\_7602 — Q\&A — Obstacle assessment of a mandatory client segment \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2025-7602-obstacle-assessment-of-a-mandatory-client-segment-selection.md) - [EBA Q\&A 2025\_7603 — Q\&A — Execution of an authorized payment instruction \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2025-7603-execution-of-an-authorized-payment-instruction-made.md) - [EBA Q\&A 2025\_7604 — Q\&A — Obstacle assessment of requiring multiple manual \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2025-7604-obstacle-assessment-of-requiring-multiple-manual-checkboxes.md) - [EBA Q\&A 2025\_7605 — Q\&A — Obstacle assessment of requiring an additional \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2025-7605-obstacle-assessment-of-requiring-an-additional-sca-for-pis.md) - [EBA Q\&A 2025\_7606 — Q\&A — Clarification of the scope of the term authentication \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2025-7606-clarification-of-the-scope-of-the-term-authentication.md) - [EBA Q\&A 2025\_7607 — Q\&A — Definition of equivalent authentication procedure \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2025-7607-definition-of-equivalent-authentication-procedure-for.md) - [EBA Q\&A 2025\_7608 — Q\&A — Obstacle assessment of an ASPSP offering only web \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2025-7608-obstacle-assessment-of-an-aspsp-offering-only-web.md) - [EBA Q\&A 2025\_7644 — Q\&A — Obligations of ASPSPs to inform PISPs about the execution \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2025-7644-obligations-of-aspsps-to-inform-pisps-about-the-execution.md) - [EBA Q\&A 2025\_7672 — Q\&A — PSU support in dedicated and redirected interfaces. \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2025-7672-psu-support-in-dedicated-and-redirected-interfaces.md) - [EBA Q\&A 2025\_7673 — Q\&A — Supervisory obligations of NCAs under Article \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2025-7673-supervisory-obligations-of-ncas-under-article-32-2-of.md) - [EBA Q\&A 2025\_7674 — Q\&A — Requirement for ASPSPs to comply \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2025-7674-requirement-for-aspsps-to-comply-with-standardized.md) - [EBA Q\&A 2025\_7675 — Q\&A — Provision of rejection reasons for payment orders \[Final Q\&A\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2025-7675-provision-of-rejection-reasons-for-payment-orders-initiated.md) - [EBA Q\&A 2025\_7677 — Q\&A — Introduction of additional mandatory steps \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2025-7677-introduction-of-additional-mandatory-steps-or-redirections.md) - [EBA Q\&A 2025\_7678 — Q\&A — Clarification on the use of PSU-linked tokens \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2025-7678-clarification-on-the-use-of-psu-linked-tokens-in-payment.md) - [EBA Q\&A 2026\_7760 — Q\&A — Ban imposed by certain national authorities \[Rejected question\]](https://www.headlesslaw.com/psd2/level-3/q-and-a/eba/eba-qa-2026-7760-ban-imposed-by-certain-national-authorities-on-the-use-of.md) - [Opinions](https://www.headlesslaw.com/psd2/level-3/opinions.md): Opinions — PSD2 (1 instrument). - [EBA-Op-2019-03 — Opinion — Passport notifications regarding agents and distributors \[published\]](https://www.headlesslaw.com/psd2/level-3/opinions/eba-op-2019-03-passport-notifications-agents-distributors.md) - [Process](https://www.headlesslaw.com/psd2/process.md): Process — PSD2 (1 instrument). - [EBA/RTS/2022/03 — Report — Draft RTS amending Delegated Regulation (EU) 2018/389 \[adopted\]](https://www.headlesslaw.com/psd2/process/eba-rts-2022-03-amendment-rts-sca-csc.md) ## DORA - [DORA](https://www.headlesslaw.com/dora/readme.md) - [Recitals](https://www.headlesslaw.com/dora/recitals.md) - [Chapters](https://www.headlesslaw.com/dora/chapters.md): The 9 chapters of DORA. - [Chapter I — General provisions](https://www.headlesslaw.com/dora/chapters/i.md): Articles 1–4 of DORA. - [Chapter II — ICT risk management](https://www.headlesslaw.com/dora/chapters/ii.md): Articles 5–16 of DORA. - [Chapter III — ICT-related incident management, classification and reporting](https://www.headlesslaw.com/dora/chapters/iii.md): Articles 17–23 of DORA. - [Chapter IV — Digital operational resilience testing](https://www.headlesslaw.com/dora/chapters/iv.md): Articles 24–27 of DORA. - [Chapter V — Managing of ICT third-party risk](https://www.headlesslaw.com/dora/chapters/v.md): Articles 28–44 of DORA. - [Chapter VI — Information-sharing arrangements](https://www.headlesslaw.com/dora/chapters/vi.md): Article 45 of DORA. - [Chapter VII — Competent authorities](https://www.headlesslaw.com/dora/chapters/vii.md): Articles 46–56 of DORA. - [Chapter VIII — Delegated acts](https://www.headlesslaw.com/dora/chapters/viii.md): Article 57 of DORA. - [Chapter IX — Transitional and final provisions](https://www.headlesslaw.com/dora/chapters/ix.md): Articles 58–64 of DORA. - [Articles](https://www.headlesslaw.com/dora/articles.md): All 64 articles of DORA, one page each. - [Article 1 — Subject matter](https://www.headlesslaw.com/dora/articles/1.md) - [Article 2 — Scope](https://www.headlesslaw.com/dora/articles/2.md) - [Article 3 — Definitions](https://www.headlesslaw.com/dora/articles/3.md) - [Article 4 — Proportionality principle](https://www.headlesslaw.com/dora/articles/4.md) - [Article 5 — Governance and organisation](https://www.headlesslaw.com/dora/articles/5.md) - [Article 6 — ICT risk management framework](https://www.headlesslaw.com/dora/articles/6.md) - [Article 7 — ICT systems, protocols and tools](https://www.headlesslaw.com/dora/articles/7.md) - [Article 8 — Identification](https://www.headlesslaw.com/dora/articles/8.md) - [Article 9 — Protection and prevention](https://www.headlesslaw.com/dora/articles/9.md) - [Article 10 — Detection](https://www.headlesslaw.com/dora/articles/10.md) - [Article 11 — Response and recovery](https://www.headlesslaw.com/dora/articles/11.md) - [Article 12 — Backup policies and procedures, restoration and recovery procedures and methods](https://www.headlesslaw.com/dora/articles/12.md) - [Article 13 — Learning and evolving](https://www.headlesslaw.com/dora/articles/13.md) - [Article 14 — Communication](https://www.headlesslaw.com/dora/articles/14.md) - [Article 15 — Further harmonisation of ICT risk management tools, methods, processes and policies](https://www.headlesslaw.com/dora/articles/15.md) - [Article 16 — Simplified ICT risk management framework](https://www.headlesslaw.com/dora/articles/16.md) - [Article 17 — ICT-related incident management process](https://www.headlesslaw.com/dora/articles/17.md) - [Article 18 — Classification of ICT-related incidents and cyber threats](https://www.headlesslaw.com/dora/articles/18.md) - [Article 19 — Reporting of major ICT-related incidents and voluntary notification of significant cyber threats](https://www.headlesslaw.com/dora/articles/19.md) - [Article 20 — Harmonisation of reporting content and templates](https://www.headlesslaw.com/dora/articles/20.md) - [Article 21 — Centralisation of reporting of major ICT-related incidents](https://www.headlesslaw.com/dora/articles/21.md) - [Article 22 — Supervisory feedback](https://www.headlesslaw.com/dora/articles/22.md) - [Article 23 — Operational or security payment-related incidents concerning credit institutions, payment institutions, account information service providers, and electronic money institutions](https://www.headlesslaw.com/dora/articles/23.md) - [Article 24 — General requirements for the performance of digital operational resilience testing](https://www.headlesslaw.com/dora/articles/24.md) - [Article 25 — Testing of ICT tools and systems](https://www.headlesslaw.com/dora/articles/25.md) - [Article 26 — Advanced testing of ICT tools, systems and processes based on TLPT](https://www.headlesslaw.com/dora/articles/26.md) - [Article 27 — Requirements for testers for the carrying out of TLPT](https://www.headlesslaw.com/dora/articles/27.md) - [Article 28 — General principles](https://www.headlesslaw.com/dora/articles/28.md) - [Article 29 — Preliminary assessment of ICT concentration risk at entity level](https://www.headlesslaw.com/dora/articles/29.md) - [Article 30 — Key contractual provisions](https://www.headlesslaw.com/dora/articles/30.md) - [Article 31 — Designation of critical ICT third-party service providers](https://www.headlesslaw.com/dora/articles/31.md) - [Article 32 — Structure of the Oversight Framework](https://www.headlesslaw.com/dora/articles/32.md) - [Article 33 — Tasks of the Lead Overseer](https://www.headlesslaw.com/dora/articles/33.md) - [Article 34 — Operational coordination between Lead Overseers](https://www.headlesslaw.com/dora/articles/34.md) - [Article 35 — Powers of the Lead Overseer](https://www.headlesslaw.com/dora/articles/35.md) - [Article 36 — Exercise of the powers of the Lead Overseer outside the Union](https://www.headlesslaw.com/dora/articles/36.md) - [Article 37 — Request for information](https://www.headlesslaw.com/dora/articles/37.md) - [Article 38 — General investigations](https://www.headlesslaw.com/dora/articles/38.md) - [Article 39 — Inspections](https://www.headlesslaw.com/dora/articles/39.md) - [Article 40 — Ongoing oversight](https://www.headlesslaw.com/dora/articles/40.md) - [Article 41 — Harmonisation of conditions enabling the conduct of the oversight activities](https://www.headlesslaw.com/dora/articles/41.md) - [Article 42 — Follow-up by competent authorities](https://www.headlesslaw.com/dora/articles/42.md) - [Article 43 — Oversight fees](https://www.headlesslaw.com/dora/articles/43.md) - [Article 44 — International cooperation](https://www.headlesslaw.com/dora/articles/44.md) - [Article 45 — Information-sharing arrangements on cyber threat information and intelligence](https://www.headlesslaw.com/dora/articles/45.md) - [Article 46 — Competent authorities](https://www.headlesslaw.com/dora/articles/46.md) - [Article 47 — Cooperation with structures and authorities established by Directive (EU) 2022/2555](https://www.headlesslaw.com/dora/articles/47.md) - [Article 48 — Cooperation between authorities](https://www.headlesslaw.com/dora/articles/48.md) - [Article 49 — Financial cross-sector exercises, communication and cooperation](https://www.headlesslaw.com/dora/articles/49.md) - [Article 50 — Administrative penalties and remedial measures](https://www.headlesslaw.com/dora/articles/50.md) - [Article 51 — Exercise of the power to impose administrative penalties and remedial measures](https://www.headlesslaw.com/dora/articles/51.md) - [Article 52 — Criminal penalties](https://www.headlesslaw.com/dora/articles/52.md) - [Article 53 — Notification duties](https://www.headlesslaw.com/dora/articles/53.md) - [Article 54 — Publication of administrative penalties](https://www.headlesslaw.com/dora/articles/54.md) - [Article 55 — Professional secrecy](https://www.headlesslaw.com/dora/articles/55.md) - [Article 56 — Data Protection](https://www.headlesslaw.com/dora/articles/56.md) - [Article 57 — Exercise of the delegation](https://www.headlesslaw.com/dora/articles/57.md) - [Article 58 — Review clause](https://www.headlesslaw.com/dora/articles/58.md) - [Article 59 — Amendments to Regulation (EC) No 1060/2009](https://www.headlesslaw.com/dora/articles/59.md) - [Article 60 — Amendments to Regulation (EU) No 648/2012](https://www.headlesslaw.com/dora/articles/60.md) - [Article 61 — Amendments to Regulation (EU) No 909/2014](https://www.headlesslaw.com/dora/articles/61.md) - [Article 62 — Amendments to Regulation (EU) No 600/2014](https://www.headlesslaw.com/dora/articles/62.md) - [Article 63 — Amendment to Regulation (EU) 2016/1011](https://www.headlesslaw.com/dora/articles/63.md) - [Article 64 — Entry into force and application](https://www.headlesslaw.com/dora/articles/64.md) - [Level 2](https://www.headlesslaw.com/dora/level-2.md): Level 2 — DORA (12 instruments). - [Delegated acts](https://www.headlesslaw.com/dora/level-2/delegated-acts.md): Delegated acts — DORA (1 instrument). - [2024/1505 — Delegated act — ICT Oversight Fees \[in force\]](https://www.headlesslaw.com/dora/level-2/delegated-acts/2024-1505-ict-third-party-oversight-fees.md) - [Regulatory technical standards (RTS)](https://www.headlesslaw.com/dora/level-2/rts.md): Regulatory technical standards (RTS) — DORA (9 instruments). - [2024/1502 — RTS — Critical ICT Providers \[in force\]](https://www.headlesslaw.com/dora/level-2/rts/2024-1502-critical-ict-third-party-providers.md) - [2024/1772 — RTS — ICT Incident Classification \[in force\]](https://www.headlesslaw.com/dora/level-2/rts/2024-1772-ict-incident-classification.md) - [2024/1773 — RTS — ICT Third-Party Risk Policy \[in force\]](https://www.headlesslaw.com/dora/level-2/rts/2024-1773-ict-third-party-risk-policy.md) - [2024/1774 — RTS — ICT Risk Framework \[in force\]](https://www.headlesslaw.com/dora/level-2/rts/2024-1774-ict-risk-management-framework.md) - [2025/295 — RTS — Oversight Activities \[in force\]](https://www.headlesslaw.com/dora/level-2/rts/2025-295-oversight-activities.md) - [2025/301 — RTS — Major ICT Incident Reporting \[in force\]](https://www.headlesslaw.com/dora/level-2/rts/2025-301-major-ict-incident-reporting.md) - [2025/420 — RTS — Joint Examination Team \[in force\]](https://www.headlesslaw.com/dora/level-2/rts/2025-420-joint-examination-team.md) - [2025/532 — RTS — ICT Subcontracting \[in force\]](https://www.headlesslaw.com/dora/level-2/rts/2025-532-ict-subcontracting.md) - [2025/1190 — RTS — TLPT \[in force\]](https://www.headlesslaw.com/dora/level-2/rts/2025-1190-tlpt.md) - [Implementing technical standards (ITS)](https://www.headlesslaw.com/dora/level-2/its.md): Implementing technical standards (ITS) — DORA (2 instruments). - [2024/2956 — ITS — Register of Information Templates \[in force\]](https://www.headlesslaw.com/dora/level-2/its/2024-2956-register-of-information-templates.md) - [2025/302 — ITS — Major Incident Templates \[in force\]](https://www.headlesslaw.com/dora/level-2/its/2025-302-major-incident-reporting-templates.md) - [Level 3](https://www.headlesslaw.com/dora/level-3.md): Level 3 — DORA (107 instruments). - [Guidelines](https://www.headlesslaw.com/dora/level-3/guidelines.md): Guidelines — DORA (5 instruments). - [EBA/GL/2017/05 — Guideline — ICT Risk Assessment under the SREP \[final\]](https://www.headlesslaw.com/dora/level-3/guidelines/eba-gl-2017-05-ict-risk-srep.md) - [EBA/GL/2019/02 — Guideline — Outsourcing arrangements \[final\]](https://www.headlesslaw.com/dora/level-3/guidelines/eba-gl-2019-02-outsourcing-arrangements.md) - [EBA/GL/2025/02 — Guideline — Amending Guidelines EBA/GL/2019/04 \[final\]](https://www.headlesslaw.com/dora/level-3/guidelines/eba-gl-2025-02-amend-ict-security-risk.md) - [JC/GL/2024/34 — Guideline — Estimation of aggregated annual costs and losses \[final\]](https://www.headlesslaw.com/dora/level-3/guidelines/jc-gl-2024-34-costs-losses.md) - [JC/GL/2024/36 — Guideline — Oversight cooperation and information exchange \[final\]](https://www.headlesslaw.com/dora/level-3/guidelines/jc-gl-2024-36-oversight-cooperation.md) - [Q\&A](https://www.headlesslaw.com/dora/level-3/q-and-a.md): Q\&A — DORA (96 instruments). - [EBA](https://www.headlesslaw.com/dora/level-3/q-and-a/eba.md): EBA — DORA (52 instruments). - [EBA Q\&A 2023\_6876 — Q\&A — DORA Regulation & Applicability to Third-Country \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2023-6876-dora-regulation-applicability-to-third-country-branches.md) - [EBA Q\&A 2023\_6950 — Q\&A — Request for Clarification on Article 28(3) \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2023-6950-request-for-clarification-on-article-28-3-of-regulation-eu.md) - [EBA Q\&A 2024\_6991 — Q\&A — Grace period for existing contractual \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-6991-grace-period-for-existing-contractual-arrangements-in-the.md) - [EBA Q\&A 2024\_6997 — Q\&A — Services of credit registers under DORA \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-6997-services-of-credit-registers-under-dora.md) - [EBA Q\&A 2024\_7047 — Q\&A — Critical Services Affected \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7047-critical-services-affected.md) - [EBA Q\&A 2024\_7050 — Q\&A — Duplicate ICT Incident Reporting \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7050-duplicate-ict-incident-reporting.md) - [EBA Q\&A 2024\_7060 — Q\&A — Lex Specialis NIS2 Directive \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7060-lex-specialis-nis2-directive.md) - [EBA Q\&A 2024\_7089 — Q\&A — Identification of ICT Service Providers \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7089-identification-of-ict-service-providers.md) - [EBA Q\&A 2024\_7096 — Q\&A — Exemption for Non-EU ICT Intra-group Service Providers \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7096-exemption-for-non-eu-ict-intra-group-service-providers.md) - [EBA Q\&A 2024\_7098 — Q\&A — Scope of Register of Information \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7098-scope-of-register-of-information-for-contractual-arrangement.md) - [EBA Q\&A 2024\_7142 — Q\&A — Scope for dependent financial intermediaries \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7142-scope-for-dependent-financial-intermediaries.md) - [EBA Q\&A 2024\_7178 — Q\&A — Meaning of a separated and dedicated network \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7178-elaboration-on-the-meaning-of-a-separated-and-dedicated-netw.md) - [EBA Q\&A 2024\_7200 — Q\&A — Are trust services under the scope of DORA \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7200-are-trust-services-under-the-scope-of-dora-whatever-the.md) - [EBA Q\&A 2024\_7260 — Q\&A — Application of DORA Regulation to sub-threshold \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7260-application-of-dora-regulation-to-sub-threshold-aifms-which.md) - [EBA Q\&A 2024\_7273 — Q\&A — Financial entities subject to supervisory \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7273-financial-entities-subject-to-supervisory-mechanisms-as-ict.md) - [EBA Q\&A 2024\_7277 — Q\&A — Template specific instructions: field B\_01.02.0050 \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7277-template-specific-instructions-field-b-01-02-0050-hierarchy.md) - [EBA Q\&A 2024\_7278 — Q\&A — Template specific instructions: field B\_01.02.0060 \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7278-template-specific-instructions-field-b-01-02-0060-lei-of-the.md) - [EBA Q\&A 2024\_7279 — Q\&A — Template specific instructions: field B\_02.02.0130 \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7279-template-specific-instructions-field-b-02-02-0130-country-of.md) - [EBA Q\&A 2024\_7280 — Q\&A — Template specific instructions – field B\_02.02.0130 \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7280-template-specific-instructions-field-b-02-02-0130-country.md) - [EBA Q\&A 2024\_7281 — Q\&A — Template specific instructions: field B\_02.02.0160 \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7281-template-specific-instructions-field-b-02-02-0160-location-o.md) - [EBA Q\&A 2024\_7282 — Q\&A — Template specific instructions: field B\_04.01.0040 \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7282-template-specific-instructions-field-b-04-01-0040-identifica.md) - [EBA Q\&A 2024\_7283 — Q\&A — Template specific instructions: field B\_05.01.0020 \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7283-template-specific-instructions-field-b-05-01-0020-type-of-co.md) - [EBA Q\&A 2024\_7284 — Q\&A — Template specific instructions: field B\_05.02.0060 \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7284-template-specific-instructions-field-b-05-02-0060-identifica.md) - [EBA Q\&A 2024\_7285 — Q\&A — Template specific instructions: primary keys \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7285-template-specific-instructions-primary-keys.md) - [EBA Q\&A 2024\_7288 — Q\&A — Applicability of Regulation (EU) 2022/2554 (DORA) \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7288-applicability-of-regulation-eu-2022-2554-dora-to-ict.md) - [EBA Q\&A 2024\_7290 — Q\&A — Definition and scope of ICT services \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2024-7290-definition-and-scope-of-ict-services.md) - [EBA Q\&A 2025\_7297 — Q\&A — Scope of the regulation described in Article 6 \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7297-the-scope-of-the-regulation-described-in-article-6-mismatche.md) - [EBA Q\&A 2025\_7309 — Q\&A — ANNUAL REPORT ON NEW ARRANGEMENTS \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7309-annual-report-on-new-arrangements-on-the-use-of-ict-services.md) - [EBA Q\&A 2025\_7310 — Q\&A — Regulatory technical standards - subcontracting \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7310-regulatory-technical-standards-subcontracting-ict-services.md) - [EBA Q\&A 2025\_7313 — Q\&A — Template specific instructions to template B\_06.01 \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7313-part-2-template-specific-instructions-to-template-b-06-01.md) - [EBA Q\&A 2025\_7332 — Q\&A — Subcontracting \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7332-subcontracting.md) - [EBA Q\&A 2025\_7341 — Q\&A — Validation rule v8821\_m \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7341-validation-rule-v8821-m.md) - [EBA Q\&A 2025\_7362 — Q\&A — Register of Information Taxonomy reporting \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7362-register-of-information-taxonomy-reporting-vs-its-on.md) - [EBA Q\&A 2025\_7366 — Q\&A — Definition of financial counterpart \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7366-definition-of-financial-counterpart.md) - [EBA Q\&A 2025\_7367 — Q\&A — Correct classification of services related \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7367-correct-classification-of-services-related-to-the-reselling.md) - [EBA Q\&A 2025\_7369 — Q\&A — Exist a definition of information security \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7369-exist-a-definition-of-information-security-standards.md) - [EBA Q\&A 2025\_7387 — Q\&A — How to fill the refPeriod field of the parameters.csv \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7387-how-to-fill-the-refperiod-field-of-the-parameters-csv-file-f.md) - [EBA Q\&A 2025\_7388 — Q\&A — Obligation to maintain a register of information \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7388-obligation-to-maintain-a-register-of-information-for-fes-exe.md) - [EBA Q\&A 2025\_7395 — Q\&A — Instructions for completing the register \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7395-instructions-for-completing-the-register-of-information.md) - [EBA Q\&A 2025\_7403 — Q\&A — Identificación entidad financiera responsable del \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7403-identificaci-n-entidad-financiera-responsable-del-reporte.md) - [EBA Q\&A 2025\_7410 — Q\&A — Definition of landline services \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7410-definition-of-landline-services.md) - [EBA Q\&A 2025\_7412 — Q\&A — Register of ICT Services \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7412-register-of-ict-services.md) - [EBA Q\&A 2025\_7414 — Q\&A — Dora agreements - ICT service supports a CIF \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7414-dora-agreements-ict-service-supports-a-cif.md) - [EBA Q\&A 2025\_7415 — Q\&A — Definition of ICT service \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7415-definition-of-ict-service.md) - [EBA Q\&A 2025\_7421 — Q\&A — Definition and Scope of DORA \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7421-definition-and-scope-of-dora.md) - [EBA Q\&A 2025\_7439 — Q\&A — Staff costs \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7439-staff-costs.md) - [EBA Q\&A 2025\_7466 — Q\&A — Public Authorities Exemption \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7466-public-authorities-exemption.md) - [EBA Q\&A 2025\_7468 — Q\&A — ANNUAL REPORT ON NEW ARRANGEMENTS ON THE USE \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7468-annual-report-on-new-arrangements-on-the-use-of-ict-services.md) - [EBA Q\&A 2025\_7531 — Q\&A — Annual Report to the Competent Authorities on new \[Rejected question\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7531-annual-report-to-the-competent-authorities-on-new.md) - [EBA Q\&A 2025\_7539 — Q\&A — Types of 'telephone services' \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7539-types-of-telephone-services-included-under-the-definition-of.md) - [EBA Q\&A 2025\_7613 — Q\&A — Classification of phishing-attacks \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2025-7613-classification-of-phishing-attacks-as-a-reportable-major-ict.md) - [EBA Q\&A 2026\_7779 — Q\&A — Scope of Article 6 lit. c RTS \[Final Q\&A\]](https://www.headlesslaw.com/dora/level-3/q-and-a/eba/eba-qa-2026-7779-scope-of-article-6-lit-c-rts.md) - [ESMA](https://www.headlesslaw.com/dora/level-3/q-and-a/esma.md): ESMA — DORA (44 instruments). - [ESMA Q\&A 2056 — Q\&A — Software distributors \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2056-software-distributors.md) - [ESMA Q\&A 2057 — Q\&A — Software companies \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2057-software-companies.md) - [ESMA Q\&A 2079 — Q\&A — DORA, Article 3 - definition of microenterprise \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2079-dora-article-3-definition-of-microenterprise-and-small.md) - [ESMA Q\&A 2091 — Q\&A — impelemtation of Article 10 (4) \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2091-impelemtation-of-article-10-4.md) - [ESMA Q\&A 2099 — Q\&A — The activities of credit bureaus \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2099-the-activities-of-credit-bureaus-credit-reporting-agencies.md) - [ESMA Q\&A 2100 — Q\&A — Cross-border Market Jurisdiction \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2100-cross-border-market-jurisdiction.md) - [ESMA Q\&A 2103 — Q\&A — EUC, EULA and Shadow IT \[Answer Published\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2103-euc-eula-and-shadow-it.md) - [ESMA Q\&A 2107 — Q\&A — Application of DORA for outsourced critical services \[Answer Published\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2107-application-of-dora-for-outsourced-critical-services-that.md) - [ESMA Q\&A 2158 — Q\&A — Understandig of timelimits of intermediate repots \[Answer Published\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2158-understandig-of-timelimits-of-intermediate-repots-for-major.md) - [ESMA Q\&A 2159 — Q\&A — Intragroup ICT service providers consideration \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2159-intragroup-ict-service-providers-consideration-regarding.md) - [ESMA Q\&A 2160 — Q\&A — DORA compliance contractual template to be provided \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2160-dora-compliance-contractual-template-to-be-provided-by-the.md) - [ESMA Q\&A 2219 — Q\&A — Questions on Microenterprises and RMF \[Answer Published\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2219-questions-on-microenterprises-and-rmf.md) - [ESMA Q\&A 2226 — Q\&A — Scope of the definition of ICT services \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2226-scope-of-the-definition-of-ict-services.md) - [ESMA Q\&A 2240 — Q\&A — Consultas relacionadas con el reporte de incidentes \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2240-consultas-relacionadas-con-el-reporte-de-incidentes.md) - [ESMA Q\&A 2241 — Q\&A — Consultas relacionadas con el reporte de incidentes \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2241-consultas-relacionadas-con-el-reporte-de-incidentes.md) - [ESMA Q\&A 2248 — Q\&A — Size Thresholds for Self-Managed AIFs and UCITS \[Answer Published\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2248-size-thresholds-for-self-managed-aifs-and-ucits.md) - [ESMA Q\&A 2292 — Q\&A — Obligation to apply the ICT risk managment (Art. 5-15) \[Answer Published\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2292-obligation-to-apply-the-ict-risk-managment-art-5-15-and-or.md) - [ESMA Q\&A 2301 — Q\&A — ICT Service definition \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2301-ict-service-definition.md) - [ESMA Q\&A 2310 — Q\&A — Application of DORA to non-EU AIFMs of AIFs with EU \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2310-application-of-dora-to-non-eu-aifms-of-aifs-with-eu.md) - [ESMA Q\&A 2311 — Q\&A — Scope of application of DORA for UCITS Management \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2311-scope-of-application-of-dora-for-ucits-management-companies.md) - [ESMA Q\&A 2313 — Q\&A — b\_06.01.0020 - Licensed activity - Legal Protection \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2313-b-06-01-0020-licensed-activity-legal-protection-insurance.md) - [ESMA Q\&A 2328 — Q\&A — Regulation (EU) 2022/2554 - The Digital Operational \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2328-regulation-eu-2022-2554-the-digital-operational-resilience.md) - [ESMA Q\&A 2356 — Q\&A — Application of DORA to AIFMs which have chosen \[Answer Published\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2356-application-of-dora-to-aifms-which-have-chosen-to-opt-in-to.md) - [ESMA Q\&A 2378 — Q\&A — Article 3(28) and EU Subcontractors \[Answer Published\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2378-article-3-28-and-eu-subcontractors.md) - [ESMA Q\&A 2379 — Q\&A — Art. 1 ust. 1 DORA - systems supporting the business \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2379-art-1-ust-1-dora-systems-supporting-the-business-processes.md) - [ESMA Q\&A 2381 — Q\&A — art. 3 ust. 21 \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2381-art-3-ust-21.md) - [ESMA Q\&A 2382 — Q\&A — Applicable accounting standard for calculation \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2382-applicable-accounting-standard-for-calculation-of-turnover.md) - [ESMA Q\&A 2386 — Q\&A — Applicability of DORA to third country investment \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2386-applicability-of-dora-to-third-country-investment-firms.md) - [ESMA Q\&A 2396 — Q\&A — Definition on ICT services \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2396-definition-on-ict-services.md) - [ESMA Q\&A 2399 — Q\&A — Finalised Comprehensive List of DORA questions \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2399-finalised-comprehensive-list-of-dora-questions.md) - [ESMA Q\&A 2428 — Q\&A — Register of Information at sub-consolidated Level \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2428-register-of-information-at-sub-consolidated-level.md) - [ESMA Q\&A 2431 — Q\&A — Non-EU ICT service providers without a LEI \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2431-non-eu-ict-service-providers-without-a-lei-conflicting.md) - [ESMA Q\&A 2435 — Q\&A — Register of Information at consolidated level \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2435-register-of-information-at-consolidated-level.md) - [ESMA Q\&A 2447 — Q\&A — direct agreements between AIF and ICT service provider \[Answer Published\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2447-direct-agreements-between-aif-and-ict-service-provider.md) - [ESMA Q\&A 2456 — Q\&A — Clarification on DORA Compliance for Intra-Group \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2456-clarification-on-dora-compliance-for-intra-group-providers.md) - [ESMA Q\&A 2457 — Q\&A — Clarification on DORA Audits for Non-European ICT \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2457-clarification-on-dora-audits-for-non-european-ict-service.md) - [ESMA Q\&A 2459 — Q\&A — Fintech company: DORA AND ROI \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2459-fintech-company-dora-and-roi.md) - [ESMA Q\&A 2496 — Q\&A — Incident report submission format \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2496-incident-report-submission-format.md) - [ESMA Q\&A 2547 — Q\&A — Does DORA also apply to non-EU AIFM? \[Answer Published\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2547-does-dora-also-apply-to-non-eu-aifm.md) - [ESMA Q\&A 2646 — Q\&A — Audit frequency limitations \[Answer Published\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2646-audit-frequency-limitations.md) - [ESMA Q\&A 2665 — Q\&A — Classification of an Aifm under DORA regulation \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2665-classification-of-an-aifm-under-dora-regulation.md) - [ESMA Q\&A 2675 — Q\&A — Contractual agreement with ICT service providers \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2675-contractual-agreement-with-ict-service-providers.md) - [ESMA Q\&A 2792 — Q\&A — is Mastercard Schemes Network ICT service? \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2792-is-mastercard-schemes-network-ict-service.md) - [ESMA Q\&A 2847 — Q\&A — conclusion of ICT arrangement for the purpose \[Question Rejected\]](https://www.headlesslaw.com/dora/level-3/q-and-a/esma/esma-qa-2847-conclusion-of-ict-arrangement-for-the-purpose-of-tests.md) - [Opinions](https://www.headlesslaw.com/dora/level-3/opinions.md): Opinions — DORA (2 instruments). - [JC/2024/75 — Opinion — Rejection of the ITS on the Register of Information \[published\]](https://www.headlesslaw.com/dora/level-3/opinions/jc-2024-75-opinion-its-roi.md) - [JC/2025/06 — Opinion — Rejection of the RTS on subcontracting under DORA \[published\]](https://www.headlesslaw.com/dora/level-3/opinions/jc-2025-06-opinion-rts-subcontracting.md) - [Statements](https://www.headlesslaw.com/dora/level-3/statements.md): Statements — DORA (1 instrument). - [JC/2024/99 — Statement — DORA application \[published\]](https://www.headlesslaw.com/dora/level-3/statements/jc-2024-99-statement-dora-application.md) - [Reports and advice](https://www.headlesslaw.com/dora/level-3/reports-and-advice.md): Reports and advice — DORA (3 instruments). - [ESA/2023/23 — Advice — CTPP designation criteria and oversight fees \[published\]](https://www.headlesslaw.com/dora/level-3/reports-and-advice/esa-2023-23-technical-advice-ctpp-criteria-and-fees.md) - [JC/2025/29 — Report — Guide on oversight activities for critical ICT providers \[published\]](https://www.headlesslaw.com/dora/level-3/reports-and-advice/jc-2025-29-guide-on-oversight-activities.md) - [JC/2025/85 — Report — Article 58(3) review: statutory auditors and audit firms \[published\]](https://www.headlesslaw.com/dora/level-3/reports-and-advice/jc-2025-85-report-article-58-3-statutory-auditors.md) ## NIS2 - [NIS2](https://www.headlesslaw.com/nis2/readme.md) - [Chapters](https://www.headlesslaw.com/nis2/chapters.md): The 9 chapters of Directive (EU) 2022/2555 (NIS2). - [Chapter I — General provisions](https://www.headlesslaw.com/nis2/chapters/i.md): Articles 1–6 of Directive (EU) 2022/2555 (NIS2). - [Chapter II — Coordinated cybersecurity regulatory frameworks](https://www.headlesslaw.com/nis2/chapters/ii.md): Articles 7–14 of Directive (EU) 2022/2555 (NIS2). - [Chapter III — Cooperation at Union and international level](https://www.headlesslaw.com/nis2/chapters/iii.md): Articles 15–19 of Directive (EU) 2022/2555 (NIS2). - [Chapter IV — Cybersecurity risk-management measures and reporting obligations](https://www.headlesslaw.com/nis2/chapters/iv.md): Articles 20–25 of Directive (EU) 2022/2555 (NIS2). - [Chapter V — Jurisdiction and registration](https://www.headlesslaw.com/nis2/chapters/v.md): Articles 26–28 of Directive (EU) 2022/2555 (NIS2). - [Chapter VI — Information sharing](https://www.headlesslaw.com/nis2/chapters/vi.md): Articles 29–30 of Directive (EU) 2022/2555 (NIS2). - [Chapter VII — Supervision and enforcement](https://www.headlesslaw.com/nis2/chapters/vii.md): Articles 31–37 of Directive (EU) 2022/2555 (NIS2). - [Chapter VIII — Delegated and implementing acts](https://www.headlesslaw.com/nis2/chapters/viii.md): Articles 38–39 of Directive (EU) 2022/2555 (NIS2). - [Chapter IX — Final provisions](https://www.headlesslaw.com/nis2/chapters/ix.md): Articles 40–46 of Directive (EU) 2022/2555 (NIS2). - [Articles](https://www.headlesslaw.com/nis2/articles.md): All 46 articles of Directive (EU) 2022/2555 (NIS2), one page each. - [Article 1 — Subject matter](https://www.headlesslaw.com/nis2/articles/1.md) - [Article 2 — Scope](https://www.headlesslaw.com/nis2/articles/2.md) - [Article 3 — Essential and important entities](https://www.headlesslaw.com/nis2/articles/3.md) - [Article 4 — Sector-specific Union legal acts](https://www.headlesslaw.com/nis2/articles/4.md) - [Article 5 — Minimum harmonisation](https://www.headlesslaw.com/nis2/articles/5.md) - [Article 6 — Definitions](https://www.headlesslaw.com/nis2/articles/6.md) - [Article 7 — National cybersecurity strategy](https://www.headlesslaw.com/nis2/articles/7.md) - [Article 8 — Competent authorities and single points of contact](https://www.headlesslaw.com/nis2/articles/8.md) - [Article 9 — National cyber crisis management frameworks](https://www.headlesslaw.com/nis2/articles/9.md) - [Article 10 — Computer security incident response teams (CSIRTs)](https://www.headlesslaw.com/nis2/articles/10.md) - [Article 11 — Requirements, technical capabilities and tasks of CSIRTs](https://www.headlesslaw.com/nis2/articles/11.md) - [Article 12 — Coordinated vulnerability disclosure and a European vulnerability database](https://www.headlesslaw.com/nis2/articles/12.md) - [Article 13 — Cooperation at national level](https://www.headlesslaw.com/nis2/articles/13.md) - [Article 14 — Cooperation Group](https://www.headlesslaw.com/nis2/articles/14.md) - [Article 15 — CSIRTs network](https://www.headlesslaw.com/nis2/articles/15.md) - [Article 16 — European cyber crisis liaison organisation network (EU-CyCLONe)](https://www.headlesslaw.com/nis2/articles/16.md) - [Article 17 — International cooperation](https://www.headlesslaw.com/nis2/articles/17.md) - [Article 18 — Report on the state of cybersecurity in the Union](https://www.headlesslaw.com/nis2/articles/18.md) - [Article 19 — Peer reviews](https://www.headlesslaw.com/nis2/articles/19.md) - [Article 20 — Governance](https://www.headlesslaw.com/nis2/articles/20.md) - [Article 21 — Cybersecurity risk-management measures](https://www.headlesslaw.com/nis2/articles/21.md) - [Article 22 — Union level coordinated security risk assessments of critical supply chains](https://www.headlesslaw.com/nis2/articles/22.md) - [Article 23 — Reporting obligations](https://www.headlesslaw.com/nis2/articles/23.md) - [Article 24 — Use of European cybersecurity certification schemes](https://www.headlesslaw.com/nis2/articles/24.md) - [Article 25 — Standardisation](https://www.headlesslaw.com/nis2/articles/25.md) - [Article 26 — Jurisdiction and territoriality](https://www.headlesslaw.com/nis2/articles/26.md) - [Article 27 — Registry of entities](https://www.headlesslaw.com/nis2/articles/27.md) - [Article 28 — Database of domain name registration data](https://www.headlesslaw.com/nis2/articles/28.md) - [Article 29 — Cybersecurity information-sharing arrangements](https://www.headlesslaw.com/nis2/articles/29.md) - [Article 30 — Voluntary notification of relevant information](https://www.headlesslaw.com/nis2/articles/30.md) - [Article 31 — General aspects concerning supervision and enforcement](https://www.headlesslaw.com/nis2/articles/31.md) - [Article 32 — Supervisory and enforcement measures in relation to essential entities](https://www.headlesslaw.com/nis2/articles/32.md) - [Article 33 — Supervisory and enforcement measures in relation to important entities](https://www.headlesslaw.com/nis2/articles/33.md) - [Article 34 — General conditions for imposing administrative fines on essential and important entitie](https://www.headlesslaw.com/nis2/articles/34.md) - [Article 35 — Infringements entailing a personal data breach](https://www.headlesslaw.com/nis2/articles/35.md) - [Article 36 — Penalties](https://www.headlesslaw.com/nis2/articles/36.md) - [Article 37 — Mutual assistance](https://www.headlesslaw.com/nis2/articles/37.md) - [Article 38 — Exercise of the delegation](https://www.headlesslaw.com/nis2/articles/38.md) - [Article 39 — Committee procedure](https://www.headlesslaw.com/nis2/articles/39.md) - [Article 40 — Review](https://www.headlesslaw.com/nis2/articles/40.md) - [Article 41 — Transposition](https://www.headlesslaw.com/nis2/articles/41.md) - [Article 42 — Amendment of Regulation (EU) No 910/2014](https://www.headlesslaw.com/nis2/articles/42.md) - [Article 43 — Amendment of Directive (EU) 2018/1972](https://www.headlesslaw.com/nis2/articles/43.md) - [Article 44 — Repeal](https://www.headlesslaw.com/nis2/articles/44.md) - [Article 45 — Entry into force](https://www.headlesslaw.com/nis2/articles/45.md) - [Article 46 — Addressees](https://www.headlesslaw.com/nis2/articles/46.md) - [Annexes](https://www.headlesslaw.com/nis2/annexes.md): The 3 annexes of Directive (EU) 2022/2555 (NIS2). - [Annex I](https://www.headlesslaw.com/nis2/annexes/annex-i.md) - [Annex II](https://www.headlesslaw.com/nis2/annexes/annex-ii.md) - [Annex III](https://www.headlesslaw.com/nis2/annexes/annex-iii.md) - [Level 2](https://www.headlesslaw.com/nis2/level-2.md): Level 2 — NIS2 (1 instrument). - [Implementing acts](https://www.headlesslaw.com/nis2/level-2/implementing-acts.md): Implementing acts — NIS2 (1 instrument). - [2024/2690 — Implementing act — Cybersecurity risk-management measures \[in force\]](https://www.headlesslaw.com/nis2/level-2/implementing-acts/2024-2690-cybersecurity-risk-management-measures.md) - [Level 3](https://www.headlesslaw.com/nis2/level-3.md): Level 3 — NIS2 (4 instruments). - [Guidelines](https://www.headlesslaw.com/nis2/level-3/guidelines.md): Guidelines — NIS2 (4 instruments). - [C(2023) 6068 — Guideline — Sector-specific acts \[final\]](https://www.headlesslaw.com/nis2/level-3/guidelines/commission-c-2023-6068-article-4-sector-specific-acts.md) - [C(2023) 6070 — Guideline — Entity lists \[final\]](https://www.headlesslaw.com/nis2/level-3/guidelines/commission-c-2023-6070-article-3-4-entity-lists.md) - [ENISA version 1.0 — Guideline — Technical implementation guidance on 2024/2690 \[final\]](https://www.headlesslaw.com/nis2/level-3/guidelines/enisa-2025-technical-implementation-guidance.md) - [NIS Cooperation Group — Guideline — Recommendations for implementing NIS2 Article 28 \[final\]](https://www.headlesslaw.com/nis2/level-3/guidelines/nis-cg-2024-article-28-domain-registration.md) ## CRA - [CRA](https://www.headlesslaw.com/cra/readme.md) - [Chapters](https://www.headlesslaw.com/cra/chapters.md): The 8 chapters of Regulation (EU) 2024/2847 (CRA). - [Chapter I — General provisions](https://www.headlesslaw.com/cra/chapters/i.md): Articles 1–3 of Regulation (EU) 2024/2847 (CRA). - [Chapter II — Obligations of economic operators and provisions in relation to free and open-source software](https://www.headlesslaw.com/cra/chapters/ii.md): Articles 4–26 of Regulation (EU) 2024/2847 (CRA). - [Chapter III — Conformity of the product with digital elements](https://www.headlesslaw.com/cra/chapters/iii.md): Articles 27–34 of Regulation (EU) 2024/2847 (CRA). - [Chapter IV — Notification of conformity assessment bodies](https://www.headlesslaw.com/cra/chapters/iv.md): Articles 35–51 of Regulation (EU) 2024/2847 (CRA). - [Chapter V — Market surveillance and enforcement](https://www.headlesslaw.com/cra/chapters/v.md): Articles 52–60 of Regulation (EU) 2024/2847 (CRA). - [Chapter VI — Delegated powers and committee procedure](https://www.headlesslaw.com/cra/chapters/vi.md): Articles 61–62 of Regulation (EU) 2024/2847 (CRA). - [Chapter VII — Confidentiality and penalties](https://www.headlesslaw.com/cra/chapters/vii.md): Articles 63–65 of Regulation (EU) 2024/2847 (CRA). - [Chapter VIII — Transitional and final provisions](https://www.headlesslaw.com/cra/chapters/viii.md): Articles 66–71 of Regulation (EU) 2024/2847 (CRA). - [Articles](https://www.headlesslaw.com/cra/articles.md): All 71 articles of Regulation (EU) 2024/2847 (CRA), one page each. - [Article 1 — Subject matter](https://www.headlesslaw.com/cra/articles/1.md) - [Article 2 — Scope](https://www.headlesslaw.com/cra/articles/2.md) - [Article 3 — Definitions](https://www.headlesslaw.com/cra/articles/3.md) - [Article 4 — Free movement](https://www.headlesslaw.com/cra/articles/4.md) - [Article 5 — Procurement or use of products with digital elements](https://www.headlesslaw.com/cra/articles/5.md) - [Article 6 — Requirements for products with digital elements](https://www.headlesslaw.com/cra/articles/6.md) - [Article 7 — Important products with digital elements](https://www.headlesslaw.com/cra/articles/7.md) - [Article 8 — Critical products with digital elements](https://www.headlesslaw.com/cra/articles/8.md) - [Article 9 — Stakeholder consultation](https://www.headlesslaw.com/cra/articles/9.md) - [Article 10 — Enhancing skills in a cyber resilient digital environment](https://www.headlesslaw.com/cra/articles/10.md) - [Article 11 — General product safety](https://www.headlesslaw.com/cra/articles/11.md) - [Article 12 — High-risk AI systems](https://www.headlesslaw.com/cra/articles/12.md) - [Article 13 — Obligations of manufacturers](https://www.headlesslaw.com/cra/articles/13.md) - [Article 14 — Reporting obligations of manufacturers](https://www.headlesslaw.com/cra/articles/14.md) - [Article 15 — Voluntary reporting](https://www.headlesslaw.com/cra/articles/15.md) - [Article 16 — Establishment of a single reporting platform](https://www.headlesslaw.com/cra/articles/16.md) - [Article 17 — Other provisions related to reporting](https://www.headlesslaw.com/cra/articles/17.md) - [Article 18 — Authorised representatives](https://www.headlesslaw.com/cra/articles/18.md) - [Article 19 — Obligations of importers](https://www.headlesslaw.com/cra/articles/19.md) - [Article 20 — Obligations of distributors](https://www.headlesslaw.com/cra/articles/20.md) - [Article 21 — Cases in which obligations of manufacturers apply to importers and distributors](https://www.headlesslaw.com/cra/articles/21.md) - [Article 22 — Other cases in which obligations of manufacturers apply](https://www.headlesslaw.com/cra/articles/22.md) - [Article 23 — Identification of economic operators](https://www.headlesslaw.com/cra/articles/23.md) - [Article 24 — Obligations of open-source software stewards](https://www.headlesslaw.com/cra/articles/24.md) - [Article 25 — Security attestation of free and open-source software](https://www.headlesslaw.com/cra/articles/25.md) - [Article 26 — Guidance](https://www.headlesslaw.com/cra/articles/26.md) - [Article 27 — Presumption of conformity](https://www.headlesslaw.com/cra/articles/27.md) - [Article 28 — EU declaration of conformity](https://www.headlesslaw.com/cra/articles/28.md) - [Article 29 — General principles of the CE marking](https://www.headlesslaw.com/cra/articles/29.md) - [Article 30 — Rules and conditions for affixing the CE marking](https://www.headlesslaw.com/cra/articles/30.md) - [Article 31 — Technical documentation](https://www.headlesslaw.com/cra/articles/31.md) - [Article 32 — Conformity assessment procedures for products with digital elements](https://www.headlesslaw.com/cra/articles/32.md) - [Article 33 — Support measures for microenterprises and small and medium-sized enterprises, including start-ups](https://www.headlesslaw.com/cra/articles/33.md) - [Article 34 — Mutual recognition agreements](https://www.headlesslaw.com/cra/articles/34.md) - [Article 35 — Notification](https://www.headlesslaw.com/cra/articles/35.md) - [Article 36 — Notifying authorities](https://www.headlesslaw.com/cra/articles/36.md) - [Article 37 — Requirements relating to notifying authorities](https://www.headlesslaw.com/cra/articles/37.md) - [Article 38 — Information obligation on notifying authorities](https://www.headlesslaw.com/cra/articles/38.md) - [Article 39 — Requirements relating to notified bodies](https://www.headlesslaw.com/cra/articles/39.md) - [Article 40 — Presumption of conformity of notified bodies](https://www.headlesslaw.com/cra/articles/40.md) - [Article 41 — Subsidiaries of and subcontracting by notified bodies](https://www.headlesslaw.com/cra/articles/41.md) - [Article 42 — Application for notification](https://www.headlesslaw.com/cra/articles/42.md) - [Article 43 — Notification procedure](https://www.headlesslaw.com/cra/articles/43.md) - [Article 44 — Identification numbers and lists of notified bodies](https://www.headlesslaw.com/cra/articles/44.md) - [Article 45 — Changes to notifications](https://www.headlesslaw.com/cra/articles/45.md) - [Article 46 — Challenge of the competence of notified bodies](https://www.headlesslaw.com/cra/articles/46.md) - [Article 47 — Operational obligations of notified bodies](https://www.headlesslaw.com/cra/articles/47.md) - [Article 48 — Appeal against decisions of notified bodies](https://www.headlesslaw.com/cra/articles/48.md) - [Article 49 — Information obligation on notified bodies](https://www.headlesslaw.com/cra/articles/49.md) - [Article 50 — Exchange of experience](https://www.headlesslaw.com/cra/articles/50.md) - [Article 51 — Coordination of notified bodies](https://www.headlesslaw.com/cra/articles/51.md) - [Article 52 — Market surveillance and control of products with digital elements in the Union market](https://www.headlesslaw.com/cra/articles/52.md) - [Article 53 — Access to data and documentation](https://www.headlesslaw.com/cra/articles/53.md) - [Article 54 — Procedure at national level concerning products with digital elements presenting a significant cybersecurity risk](https://www.headlesslaw.com/cra/articles/54.md) - [Article 55 — Union safeguard procedure](https://www.headlesslaw.com/cra/articles/55.md) - [Article 56 — Procedure at Union level concerning products with digital elements presenting a significant cybersecurity risk](https://www.headlesslaw.com/cra/articles/56.md) - [Article 57 — Compliant products with digital elements which present a significant cybersecurity risk](https://www.headlesslaw.com/cra/articles/57.md) - [Article 58 — Formal non-compliance](https://www.headlesslaw.com/cra/articles/58.md) - [Article 59 — Joint activities of market surveillance authorities](https://www.headlesslaw.com/cra/articles/59.md) - [Article 60 — Sweeps](https://www.headlesslaw.com/cra/articles/60.md) - [Article 61 — Exercise of the delegation](https://www.headlesslaw.com/cra/articles/61.md) - [Article 62 — Committee procedure](https://www.headlesslaw.com/cra/articles/62.md) - [Article 63 — Confidentiality](https://www.headlesslaw.com/cra/articles/63.md) - [Article 64 — Penalties](https://www.headlesslaw.com/cra/articles/64.md) - [Article 65 — Representative actions](https://www.headlesslaw.com/cra/articles/65.md) - [Article 66 — Amendment to Regulation (EU) 2019/1020](https://www.headlesslaw.com/cra/articles/66.md) - [Article 67 — Amendment to Directive (EU) 2020/1828](https://www.headlesslaw.com/cra/articles/67.md) - [Article 68 — Amendment to Regulation (EU) No 168/2013](https://www.headlesslaw.com/cra/articles/68.md) - [Article 69 — Transitional provisions](https://www.headlesslaw.com/cra/articles/69.md) - [Article 70 — Evaluation and review](https://www.headlesslaw.com/cra/articles/70.md) - [Article 71 — Entry into force and application](https://www.headlesslaw.com/cra/articles/71.md) - [Annexes](https://www.headlesslaw.com/cra/annexes.md): The 8 annexes of Regulation (EU) 2024/2847 (CRA). - [Annex I](https://www.headlesslaw.com/cra/annexes/annex-i.md) - [Annex II](https://www.headlesslaw.com/cra/annexes/annex-ii.md) - [Annex III](https://www.headlesslaw.com/cra/annexes/annex-iii.md) - [Annex IV](https://www.headlesslaw.com/cra/annexes/annex-iv.md) - [Annex V](https://www.headlesslaw.com/cra/annexes/annex-v.md) - [Annex VI](https://www.headlesslaw.com/cra/annexes/annex-vi.md) - [Annex VII](https://www.headlesslaw.com/cra/annexes/annex-vii.md) - [Annex VIII](https://www.headlesslaw.com/cra/annexes/annex-viii.md) - [Level 2](https://www.headlesslaw.com/cra/level-2.md): Level 2 — CRA (3 instruments). - [Delegated acts](https://www.headlesslaw.com/cra/level-2/delegated-acts.md): Delegated acts — CRA (2 instruments). - [2025/1535 — Delegated act — Exclusion for certain products with digital elements \[in force\]](https://www.headlesslaw.com/cra/level-2/delegated-acts/2025-1535-exclusion-for-certain-products-with-digital-elements.md) - [2026/881 — Delegated act — Delaying the dissemination of notifications \[in force\]](https://www.headlesslaw.com/cra/level-2/delegated-acts/2026-881-delaying-the-dissemination-of-notifications.md) - [Implementing acts](https://www.headlesslaw.com/cra/level-2/implementing-acts.md): Implementing acts — CRA (1 instrument). - [2025/2392 — Implementing act — Categories of important and critical products \[in force\]](https://www.headlesslaw.com/cra/level-2/implementing-acts/2025-2392-categories-of-important-and-critical-products.md) - [Level 3](https://www.headlesslaw.com/cra/level-3.md): Level 3 — CRA (4 instruments). - [Guidelines](https://www.headlesslaw.com/cra/level-3/guidelines.md): Guidelines — CRA (1 instrument). - [C(2026) 5252 — Guideline — Application of the Cyber Resilience Act \[draft\]](https://www.headlesslaw.com/cra/level-3/guidelines/commission-c-2026-5252-cra-application-guidance.md) - [Q\&A](https://www.headlesslaw.com/cra/level-3/q-and-a.md): Q\&A — CRA (2 instruments). - [European Commission](https://www.headlesslaw.com/cra/level-3/q-and-a/commission.md): European Commission — CRA (1 instrument). - [Commission — Q\&A — Cyber Resilience Act implementation \[in force\]](https://www.headlesslaw.com/cra/level-3/q-and-a/commission/commission-cra-qa-implementation.md) - [ENISA](https://www.headlesslaw.com/cra/level-3/q-and-a/enisa.md): ENISA — CRA (1 instrument). - [ENISA — Q\&A — Cyber Resilience Act Single Reporting Platform \[in force\]](https://www.headlesslaw.com/cra/level-3/q-and-a/enisa/enisa-cra-srp-faq.md) - [Reports and advice](https://www.headlesslaw.com/cra/level-3/reports-and-advice.md): Reports and advice — CRA (1 instrument). - [ENISA version 1.0 — Report — Technical competence requirements for CRA notified bodies \[final\]](https://www.headlesslaw.com/cra/level-3/reports-and-advice/enisa-2026-technical-competence-cra-notified-bodies.md) ## GDPR - [GDPR](https://www.headlesslaw.com/gdpr/readme.md) - [Chapters](https://www.headlesslaw.com/gdpr/chapters.md): The 11 chapters of Regulation (EU) 2016/679 (GDPR). - [Chapter I — General provisions](https://www.headlesslaw.com/gdpr/chapters/i.md): Articles 1–4 of Regulation (EU) 2016/679 (GDPR). - [Chapter II — Principles](https://www.headlesslaw.com/gdpr/chapters/ii.md): Articles 5–11 of Regulation (EU) 2016/679 (GDPR). - [Chapter III — Rights of the data subject](https://www.headlesslaw.com/gdpr/chapters/iii.md): Articles 12–23 of Regulation (EU) 2016/679 (GDPR). - [Chapter IV — Controller and processor](https://www.headlesslaw.com/gdpr/chapters/iv.md): Articles 24–43 of Regulation (EU) 2016/679 (GDPR). - [Chapter V — Transfers of personal data to third countries or international organisations](https://www.headlesslaw.com/gdpr/chapters/v.md): Articles 44–50 of Regulation (EU) 2016/679 (GDPR). - [Chapter VI — Independent supervisory authorities](https://www.headlesslaw.com/gdpr/chapters/vi.md): Articles 51–59 of Regulation (EU) 2016/679 (GDPR). - [Chapter VII — Cooperation and consistency](https://www.headlesslaw.com/gdpr/chapters/vii.md): Articles 60–76 of Regulation (EU) 2016/679 (GDPR). - [Chapter VIII — Remedies, liability and penalties](https://www.headlesslaw.com/gdpr/chapters/viii.md): Articles 77–84 of Regulation (EU) 2016/679 (GDPR). - [Chapter IX — Provisions relating to specific processing situations](https://www.headlesslaw.com/gdpr/chapters/ix.md): Articles 85–91 of Regulation (EU) 2016/679 (GDPR). - [Chapter X — Delegated acts and implementing acts](https://www.headlesslaw.com/gdpr/chapters/x.md): Articles 92–93 of Regulation (EU) 2016/679 (GDPR). - [Chapter XI — Final provisions](https://www.headlesslaw.com/gdpr/chapters/xi.md): Articles 94–99 of Regulation (EU) 2016/679 (GDPR). - [Articles](https://www.headlesslaw.com/gdpr/articles.md): All 99 articles of Regulation (EU) 2016/679 (GDPR), one page each. - [Article 1 — Subject-matter and objectives](https://www.headlesslaw.com/gdpr/articles/1.md) - [Article 2 — Material scope](https://www.headlesslaw.com/gdpr/articles/2.md) - [Article 3 — Territorial scope](https://www.headlesslaw.com/gdpr/articles/3.md) - [Article 4 — Definitions](https://www.headlesslaw.com/gdpr/articles/4.md) - [Article 5 — Principles relating to processing of personal data](https://www.headlesslaw.com/gdpr/articles/5.md) - [Article 6 — Lawfulness of processing](https://www.headlesslaw.com/gdpr/articles/6.md) - [Article 7 — Conditions for consent](https://www.headlesslaw.com/gdpr/articles/7.md) - [Article 8 — Conditions applicable to child's consent in relation to information society services](https://www.headlesslaw.com/gdpr/articles/8.md) - [Article 9 — Processing of special categories of personal data](https://www.headlesslaw.com/gdpr/articles/9.md) - [Article 10 — Processing of personal data relating to criminal convictions and offences](https://www.headlesslaw.com/gdpr/articles/10.md) - [Article 11 — Processing which does not require identification](https://www.headlesslaw.com/gdpr/articles/11.md) - [Article 12 — Transparent information, communication and modalities for the exercise of the rights of](https://www.headlesslaw.com/gdpr/articles/12.md) - [Article 13 — Information to be provided where personal data are collected from the data subject](https://www.headlesslaw.com/gdpr/articles/13.md) - [Article 14 — Information to be provided where personal data have not been obtained from the data sub](https://www.headlesslaw.com/gdpr/articles/14.md) - [Article 15 — Right of access by the data subject](https://www.headlesslaw.com/gdpr/articles/15.md) - [Article 16 — Right to rectification](https://www.headlesslaw.com/gdpr/articles/16.md) - [Article 17 — Right to erasure (‘right to be forgotten’)](https://www.headlesslaw.com/gdpr/articles/17.md) - [Article 18 — Right to restriction of processing](https://www.headlesslaw.com/gdpr/articles/18.md) - [Article 19 — Notification obligation regarding rectification or erasure of personal data or restrict](https://www.headlesslaw.com/gdpr/articles/19.md) - [Article 20 — Right to data portability](https://www.headlesslaw.com/gdpr/articles/20.md) - [Article 21 — Right to object](https://www.headlesslaw.com/gdpr/articles/21.md) - [Article 22 — Automated individual decision-making, including profiling](https://www.headlesslaw.com/gdpr/articles/22.md) - [Article 23 — Restrictions](https://www.headlesslaw.com/gdpr/articles/23.md) - [Article 24 — Responsibility of the controller](https://www.headlesslaw.com/gdpr/articles/24.md) - [Article 25 — Data protection by design and by default](https://www.headlesslaw.com/gdpr/articles/25.md) - [Article 26 — Joint controllers](https://www.headlesslaw.com/gdpr/articles/26.md) - [Article 27 — Representatives of controllers or processors not established in the Union](https://www.headlesslaw.com/gdpr/articles/27.md) - [Article 28 — Processor](https://www.headlesslaw.com/gdpr/articles/28.md) - [Article 29 — Processing under the authority of the controller or processor](https://www.headlesslaw.com/gdpr/articles/29.md) - [Article 30 — Records of processing activities](https://www.headlesslaw.com/gdpr/articles/30.md) - [Article 31 — Cooperation with the supervisory authority](https://www.headlesslaw.com/gdpr/articles/31.md) - [Article 32 — Security of processing](https://www.headlesslaw.com/gdpr/articles/32.md) - [Article 33 — Notification of a personal data breach to the supervisory authority](https://www.headlesslaw.com/gdpr/articles/33.md) - [Article 34 — Communication of a personal data breach to the data subject](https://www.headlesslaw.com/gdpr/articles/34.md) - [Article 35 — Data protection impact assessment](https://www.headlesslaw.com/gdpr/articles/35.md) - [Article 36 — Prior consultation](https://www.headlesslaw.com/gdpr/articles/36.md) - [Article 37 — Designation of the data protection officer](https://www.headlesslaw.com/gdpr/articles/37.md) - [Article 38 — Position of the data protection officer](https://www.headlesslaw.com/gdpr/articles/38.md) - [Article 39 — Tasks of the data protection officer](https://www.headlesslaw.com/gdpr/articles/39.md) - [Article 40 — Codes of conduct](https://www.headlesslaw.com/gdpr/articles/40.md) - [Article 41 — Monitoring of approved codes of conduct](https://www.headlesslaw.com/gdpr/articles/41.md) - [Article 42 — Certification](https://www.headlesslaw.com/gdpr/articles/42.md) - [Article 43 — Certification bodies](https://www.headlesslaw.com/gdpr/articles/43.md) - [Article 44 — General principle for transfers](https://www.headlesslaw.com/gdpr/articles/44.md) - [Article 45 — Transfers on the basis of an adequacy decision](https://www.headlesslaw.com/gdpr/articles/45.md) - [Article 46 — Transfers subject to appropriate safeguards](https://www.headlesslaw.com/gdpr/articles/46.md) - [Article 47 — Binding corporate rules](https://www.headlesslaw.com/gdpr/articles/47.md) - [Article 48 — Transfers or disclosures not authorised by Union law](https://www.headlesslaw.com/gdpr/articles/48.md) - [Article 49 — Derogations for specific situations](https://www.headlesslaw.com/gdpr/articles/49.md) - [Article 50 — International cooperation for the protection of personal data](https://www.headlesslaw.com/gdpr/articles/50.md) - [Article 51 — Supervisory authority](https://www.headlesslaw.com/gdpr/articles/51.md) - [Article 52 — Independence](https://www.headlesslaw.com/gdpr/articles/52.md) - [Article 53 — General conditions for the members of the supervisory authority](https://www.headlesslaw.com/gdpr/articles/53.md) - [Article 54 — Rules on the establishment of the supervisory authority](https://www.headlesslaw.com/gdpr/articles/54.md) - [Article 55 — Competence](https://www.headlesslaw.com/gdpr/articles/55.md) - [Article 56 — Competence of the lead supervisory authority](https://www.headlesslaw.com/gdpr/articles/56.md) - [Article 57 — Tasks](https://www.headlesslaw.com/gdpr/articles/57.md) - [Article 58 — Powers](https://www.headlesslaw.com/gdpr/articles/58.md) - [Article 59 — Activity reports](https://www.headlesslaw.com/gdpr/articles/59.md) - [Article 60 — Cooperation between the lead supervisory authority and the other supervisory authoritie](https://www.headlesslaw.com/gdpr/articles/60.md) - [Article 61 — Mutual assistance](https://www.headlesslaw.com/gdpr/articles/61.md) - [Article 62 — Joint operations of supervisory authorities](https://www.headlesslaw.com/gdpr/articles/62.md) - [Article 63 — Consistency mechanism](https://www.headlesslaw.com/gdpr/articles/63.md) - [Article 64 — Opinion of the Board](https://www.headlesslaw.com/gdpr/articles/64.md) - [Article 65 — Dispute resolution by the Board](https://www.headlesslaw.com/gdpr/articles/65.md) - [Article 66 — Urgency procedure](https://www.headlesslaw.com/gdpr/articles/66.md) - [Article 67 — Exchange of information](https://www.headlesslaw.com/gdpr/articles/67.md) - [Article 68 — European Data Protection Board](https://www.headlesslaw.com/gdpr/articles/68.md) - [Article 69 — Independence](https://www.headlesslaw.com/gdpr/articles/69.md) - [Article 70 — Tasks of the Board](https://www.headlesslaw.com/gdpr/articles/70.md) - [Article 71 — Reports](https://www.headlesslaw.com/gdpr/articles/71.md) - [Article 72 — Procedure](https://www.headlesslaw.com/gdpr/articles/72.md) - [Article 73 — Chair](https://www.headlesslaw.com/gdpr/articles/73.md) - [Article 74 — Tasks of the Chair](https://www.headlesslaw.com/gdpr/articles/74.md) - [Article 75 — Secretariat](https://www.headlesslaw.com/gdpr/articles/75.md) - [Article 76 — Confidentiality](https://www.headlesslaw.com/gdpr/articles/76.md) - [Article 77 — Right to lodge a complaint with a supervisory authority](https://www.headlesslaw.com/gdpr/articles/77.md) - [Article 78 — Right to an effective judicial remedy against a supervisory authority](https://www.headlesslaw.com/gdpr/articles/78.md) - [Article 79 — Right to an effective judicial remedy against a controller or processor](https://www.headlesslaw.com/gdpr/articles/79.md) - [Article 80 — Representation of data subjects](https://www.headlesslaw.com/gdpr/articles/80.md) - [Article 81 — Suspension of proceedings](https://www.headlesslaw.com/gdpr/articles/81.md) - [Article 82 — Right to compensation and liability](https://www.headlesslaw.com/gdpr/articles/82.md) - [Article 83 — General conditions for imposing administrative fines](https://www.headlesslaw.com/gdpr/articles/83.md) - [Article 84 — Penalties](https://www.headlesslaw.com/gdpr/articles/84.md) - [Article 85 — Processing and freedom of expression and information](https://www.headlesslaw.com/gdpr/articles/85.md) - [Article 86 — Processing and public access to official documents](https://www.headlesslaw.com/gdpr/articles/86.md) - [Article 87 — Processing of the national identification number](https://www.headlesslaw.com/gdpr/articles/87.md) - [Article 88 — Processing in the context of employment](https://www.headlesslaw.com/gdpr/articles/88.md) - [Article 89 — Safeguards and derogations relating to processing for archiving purposes in the public](https://www.headlesslaw.com/gdpr/articles/89.md) - [Article 90 — Obligations of secrecy](https://www.headlesslaw.com/gdpr/articles/90.md) - [Article 91 — Existing data protection rules of churches and religious associations](https://www.headlesslaw.com/gdpr/articles/91.md) - [Article 92 — Exercise of the delegation](https://www.headlesslaw.com/gdpr/articles/92.md) - [Article 93 — Committee procedure](https://www.headlesslaw.com/gdpr/articles/93.md) - [Article 94 — Repeal of Directive 95/46/EC](https://www.headlesslaw.com/gdpr/articles/94.md) - [Article 95 — Relationship with Directive 2002/58/EC](https://www.headlesslaw.com/gdpr/articles/95.md) - [Article 96 — Relationship with previously concluded Agreements](https://www.headlesslaw.com/gdpr/articles/96.md) - [Article 97 — Commission reports](https://www.headlesslaw.com/gdpr/articles/97.md) - [Article 98 — Review of other Union legal acts on data protection](https://www.headlesslaw.com/gdpr/articles/98.md) - [Article 99 — Entry into force and application](https://www.headlesslaw.com/gdpr/articles/99.md) - [Level 2](https://www.headlesslaw.com/gdpr/level-2.md): Level 2 — GDPR (8 instruments). - [Implementing acts](https://www.headlesslaw.com/gdpr/level-2/implementing-acts.md): Implementing acts — GDPR (8 instruments). - [2019/419 — Decision — Adequate protection of personal data by Japan \[in force\]](https://www.headlesslaw.com/gdpr/level-2/implementing-acts/2019-419-adequate-protection-of-personal-data-by-japan.md) - [2021/914 — Decision — Standard contractual clauses for transfer to third countries \[in force\]](https://www.headlesslaw.com/gdpr/level-2/implementing-acts/2021-914-standard-contractual-clauses-for-transfer-to-third-countries.md) - [2021/915 — Decision — Contractual clauses between controllers and processors \[in force\]](https://www.headlesslaw.com/gdpr/level-2/implementing-acts/2021-915-contractual-clauses-between-controllers-and-processors.md) - [2021/1772 — Decision — Adequate protection of personal data by the United Kingdom \[in force\]](https://www.headlesslaw.com/gdpr/level-2/implementing-acts/2021-1772-adequate-protection-of-personal-data-by-the-united-kingdom.md) - [2022/254 — Decision — Adequate protection of personal data by the Republic of Korea \[in force\]](https://www.headlesslaw.com/gdpr/level-2/implementing-acts/2022-254-adequate-protection-of-personal-data-by-the-republic-of-korea.md) - [2023/1795 — Decision — Adequate protection under the EU-US Data Privacy Framework \[in force\]](https://www.headlesslaw.com/gdpr/level-2/implementing-acts/2023-1795-adequate-protection-under-the-eu-us-data-privacy-framework.md) - [2025/1382 — Decision — Adequate protection by the European Patent Organisation \[in force\]](https://www.headlesslaw.com/gdpr/level-2/implementing-acts/2025-1382-adequate-protection-by-the-european-patent-organisation.md) - [2026/179 — Decision — Adequate level of protection of personal data by Brazil \[in force\]](https://www.headlesslaw.com/gdpr/level-2/implementing-acts/2026-179-adequate-level-of-protection-of-personal-data-by-brazil.md) - [Level 3](https://www.headlesslaw.com/gdpr/level-3.md): Level 3 — GDPR (50 instruments). - [Guidelines](https://www.headlesslaw.com/gdpr/level-3/guidelines.md): Guidelines — GDPR (45 instruments). - [EDPB 1/2018 — Guideline — Certification and certification criteria \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-01-2018-certification-criteria.md) - [EDPB 1/2019 — Guideline — Codes of conduct and monitoring bodies \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-01-2019-codes-of-conduct.md) - [EDPB 01/2020 — Guideline — Connected vehicles and mobility related applications \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-01-2020-connected-vehicles.md) - [EDPB 01/2021 — Guideline — Examples regarding personal data breach notification \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-01-2021-breach-notification-examples.md) - [EDPB 01/2022 — Guideline — Right of access \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-01-2022-right-of-access.md) - [EDPB 1/2024 — Guideline — Legitimate interest \[consultation\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-01-2024-legitimate-interest.md) - [EDPB 01/2025 — Guideline — Pseudonymisation \[consultation\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-01-2025-pseudonymisation.md) - [EDPB 2/2018 — Guideline — Derogations of Article 49 \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-02-2018-article-49-derogations.md) - [EDPB 2/2019 — Guideline — Processing under Article 6(1)(b) for online services \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-02-2019-article-6-1-b-online-services.md) - [EDPB 2/2020 — Guideline — Transfers between EEA and non-EEA public authorities \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-02-2020-article-46-public-authorities.md) - [EDPB 02/2021 — Guideline — Virtual voice assistants \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-02-2021-virtual-voice-assistants.md) - [EDPB 02/2022 — Guideline — Application of Article 60 \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-02-2022-article-60.md) - [EDPB 02/2024 — Guideline — Article 48 GDPR \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-02-2024-article-48.md) - [EDPB 02/2025 — Guideline — Blockchain \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-02-2025-blockchain.md) - [EDPB 3/2018 — Guideline — Territorial scope of the GDPR \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-03-2018-territorial-scope.md) - [EDPB 3/2019 — Guideline — Processing of personal data through video devices \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-03-2019-video-devices.md) - [EDPB 03/2020 — Guideline — Health data for scientific research (COVID-19) \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-03-2020-health-data-research-covid.md) - [EDPB 03/2021 — Guideline — Application of Article 65(1)(a) \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-03-2021-article-65-1-a.md) - [EDPB 03/2022 — Guideline — Deceptive design patterns in social media interfaces \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-03-2022-deceptive-design-patterns.md) - [EDPB 3/2025 — Guideline — Interplay between the DSA and the GDPR \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-03-2025-dsa-gdpr-interplay.md) - [EDPB 4/2018 — Guideline — Accreditation of certification bodies \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-04-2018-accreditation-certification-bodies.md) - [EDPB 4/2019 — Guideline — DPbDD \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-04-2019-data-protection-by-design.md) - [EDPB 04/2020 — Guideline — Location data and contact tracing tools (COVID-19) \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-04-2020-location-data-contact-tracing.md) - [EDPB 04/2021 — Guideline — Codes of conduct as tools for transfers \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-04-2021-codes-of-conduct-transfers.md) - [EDPB 04/2022 — Guideline — Calculation of administrative fines \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-04-2022-administrative-fines.md) - [EDPB 04/2026 — Guideline — Power to impose fines and other corrective powers \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-04-2026-fines-and-corrective-powers.md) - [EDPB 5/2019 — Guideline — Right to be forgotten in search engine cases \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-05-2019-right-to-be-forgotten-search-engines.md) - [EDPB 05/2020 — Guideline — Consent \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-05-2020-consent.md) - [EDPB 05/2021 — Guideline — Interplay of Article 3 and Chapter V \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-05-2021-article-3-chapter-v-interplay.md) - [EDPB 06/2020 — Guideline — Interplay of PSD2 and the GDPR \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-06-2020-psd2-interplay.md) - [EDPB 06/2022 — Guideline — Practical implementation of amicable settlements \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-06-2022-amicable-settlements.md) - [EDPB 07/2020 — Guideline — Controller/processor \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-07-2020-controller-processor.md) - [EDPB 07/2022 — Guideline — Certification as a tool for transfers \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-07-2022-certification-transfers.md) - [EDPB 8/2020 — Guideline — Targeting of social media users \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-08-2020-targeting-social-media-users.md) - [EDPB 8/2022 — Guideline — Identifying the lead supervisory authority \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-08-2022-lead-supervisory-authority.md) - [EDPB 09/2020 — Guideline — Relevant and reasoned objection \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-09-2020-relevant-reasoned-objection.md) - [EDPB 9/2022 — Guideline — Breach notification \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-09-2022-breach-notification.md) - [EDPB 10/2020 — Guideline — Restrictions under Article 23 \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-10-2020-article-23-restrictions.md) - [WP242 rev.01 — Guideline — Right to data portability \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-wp242-right-to-data-portability.md) - [WP243 rev.01 — Guideline — Data protection officers \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-wp243-data-protection-officers.md) - [WP244 rev.01 — Guideline — Lead supervisory authority \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-wp244-lead-supervisory-authority.md) - [WP248 rev.01 — Guideline — DPIA \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-wp248-dpia.md) - [WP250 rev.01 — Guideline — Personal data breach notification \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-wp250-personal-data-breach-notification.md) - [WP251 rev.01 — Guideline — Automated individual decision-making and profiling \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-wp251-automated-decision-making-profiling.md) - [WP260 rev.01 — Guideline — Transparency \[final\]](https://www.headlesslaw.com/gdpr/level-3/guidelines/edpb-wp260-transparency.md) - [Recommendations and codes](https://www.headlesslaw.com/gdpr/level-3/recommendations-and-codes.md): Recommendations and codes — GDPR (5 instruments). - [EDPB 01/2020 — Recommendation — Transfer measures \[final\]](https://www.headlesslaw.com/gdpr/level-3/recommendations-and-codes/edpb-01-2020-supplementary-transfer-measures.md) - [EDPB 1/2022 — Recommendation — Controller Binding Corporate Rules \[final\]](https://www.headlesslaw.com/gdpr/level-3/recommendations-and-codes/edpb-01-2022-controller-bcr.md) - [EDPB 1/2025 — Recommendation — 2027 WADA World Anti-Doping Code \[final\]](https://www.headlesslaw.com/gdpr/level-3/recommendations-and-codes/edpb-01-2025-wada-anti-doping-code.md) - [EDPB 02/2020 — Recommendation — European Essential Guarantees for surveillance measures \[final\]](https://www.headlesslaw.com/gdpr/level-3/recommendations-and-codes/edpb-02-2020-european-essential-guarantees.md) - [EDPB 02/2021 — Recommendation — Storage of credit card data for online transactions \[final\]](https://www.headlesslaw.com/gdpr/level-3/recommendations-and-codes/edpb-02-2021-credit-card-data-storage.md) ## ePrivacy - [ePrivacy](https://www.headlesslaw.com/eprivacy/readme.md) - [Chapters](https://www.headlesslaw.com/eprivacy/chapters.md): The 3 chapters of Directive 2002/58/EC (ePrivacy). - [Chapter I — General provisions](https://www.headlesslaw.com/eprivacy/chapters/i.md): Articles 1–4 of Directive 2002/58/EC (ePrivacy). - [Chapter II — Specific provisions](https://www.headlesslaw.com/eprivacy/chapters/ii.md): Articles 5–15a of Directive 2002/58/EC (ePrivacy). - [Chapter III — Final provisions](https://www.headlesslaw.com/eprivacy/chapters/iii.md): Articles 16–21 of Directive 2002/58/EC (ePrivacy). - [Articles](https://www.headlesslaw.com/eprivacy/articles.md): All 23 articles of Directive 2002/58/EC (ePrivacy), one page each. - [Article 1 — Scope and aim](https://www.headlesslaw.com/eprivacy/articles/1.md) - [Article 2 — Definitions](https://www.headlesslaw.com/eprivacy/articles/2.md) - [Article 3 — Services concerned](https://www.headlesslaw.com/eprivacy/articles/3.md) - [Article 4 — Security of processing](https://www.headlesslaw.com/eprivacy/articles/4.md) - [Article 5 — Confidentiality of the communications](https://www.headlesslaw.com/eprivacy/articles/5.md) - [Article 6 — Traffic data](https://www.headlesslaw.com/eprivacy/articles/6.md) - [Article 7 — Itemised billing](https://www.headlesslaw.com/eprivacy/articles/7.md) - [Article 8 — Presentation and restriction of calling and connected line identification](https://www.headlesslaw.com/eprivacy/articles/8.md) - [Article 9 — Location data other than traffic data](https://www.headlesslaw.com/eprivacy/articles/9.md) - [Article 10 — Exceptions](https://www.headlesslaw.com/eprivacy/articles/10.md) - [Article 11 — Automatic call forwarding](https://www.headlesslaw.com/eprivacy/articles/11.md) - [Article 12 — Directories of subscribers](https://www.headlesslaw.com/eprivacy/articles/12.md) - [Article 13 — Unsolicited communications](https://www.headlesslaw.com/eprivacy/articles/13.md) - [Article 14 — Technical features and standardisation](https://www.headlesslaw.com/eprivacy/articles/14.md) - [Article 14a — Committee procedure](https://www.headlesslaw.com/eprivacy/articles/14a.md) - [Article 15 — Application of certain provisions of Directive 95/46/EC](https://www.headlesslaw.com/eprivacy/articles/15.md) - [Article 15a — Implementation and enforcement](https://www.headlesslaw.com/eprivacy/articles/15a.md) - [Article 16 — Transitional arrangements](https://www.headlesslaw.com/eprivacy/articles/16.md) - [Article 17 — Transposition](https://www.headlesslaw.com/eprivacy/articles/17.md) - [Article 18 — Review](https://www.headlesslaw.com/eprivacy/articles/18.md) - [Article 19 — Repeal](https://www.headlesslaw.com/eprivacy/articles/19.md) - [Article 20 — Entry into force](https://www.headlesslaw.com/eprivacy/articles/20.md) - [Article 21 — Addressees](https://www.headlesslaw.com/eprivacy/articles/21.md) - [Level 2](https://www.headlesslaw.com/eprivacy/level-2.md): Level 2 — ePrivacy (1 instrument). - [Implementing acts](https://www.headlesslaw.com/eprivacy/level-2/implementing-acts.md): Implementing acts — ePrivacy (1 instrument). - [611/2013 — Implementing act — Notification of personal data breaches \[in force\]](https://www.headlesslaw.com/eprivacy/level-2/implementing-acts/611-2013-notification-of-personal-data-breaches.md) - [Level 3](https://www.headlesslaw.com/eprivacy/level-3.md): Level 3 — ePrivacy (1 instrument). - [Guidelines](https://www.headlesslaw.com/eprivacy/level-3/guidelines.md): Guidelines — ePrivacy (1 instrument). - [EDPB 2/2023 — Guideline — Technical Scope of Art. 5(3) of ePrivacy Directive \[final\]](https://www.headlesslaw.com/eprivacy/level-3/guidelines/edpb-02-2023-eprivacy-article-5-3-technical-scope.md) ## Data Act - [Data Act](https://www.headlesslaw.com/data-act/readme.md) - [Chapters](https://www.headlesslaw.com/data-act/chapters.md): The 11 chapters of Regulation (EU) 2023/2854 (Data Act). - [Chapter I — General provisions](https://www.headlesslaw.com/data-act/chapters/i.md): Articles 1–2 of Regulation (EU) 2023/2854 (Data Act). - [Chapter II — Business-to-consumer and business-to-business data sharing](https://www.headlesslaw.com/data-act/chapters/ii.md): Articles 3–7 of Regulation (EU) 2023/2854 (Data Act). - [Chapter III — Obligations for data holders obliged by Union law to make data available](https://www.headlesslaw.com/data-act/chapters/iii.md): Articles 8–12 of Regulation (EU) 2023/2854 (Data Act). - [Chapter IV — Unfair contractual terms related to data access and use between enterprises](https://www.headlesslaw.com/data-act/chapters/iv.md): Article 13 of Regulation (EU) 2023/2854 (Data Act). - [Chapter V — Making data available to public sector bodies, the Commission, the European Central Bank and Union bodies based on an exceptional need](https://www.headlesslaw.com/data-act/chapters/v.md): Articles 14–22 of Regulation (EU) 2023/2854 (Data Act). - [Chapter VI — Switching between data processing services](https://www.headlesslaw.com/data-act/chapters/vi.md): Articles 23–31 of Regulation (EU) 2023/2854 (Data Act). - [Chapter VII — Unlawful third country government access and transfer of non-personal data](https://www.headlesslaw.com/data-act/chapters/vii.md): Article 32 of Regulation (EU) 2023/2854 (Data Act). - [Chapter VIII — Interoperability](https://www.headlesslaw.com/data-act/chapters/viii.md): Articles 33–36 of Regulation (EU) 2023/2854 (Data Act). - [Chapter IX — Implementation and enforcement](https://www.headlesslaw.com/data-act/chapters/ix.md): Articles 37–42 of Regulation (EU) 2023/2854 (Data Act). - [Chapter X — Sui generis right under Directive 96/9/EC](https://www.headlesslaw.com/data-act/chapters/x.md): Article 43 of Regulation (EU) 2023/2854 (Data Act). - [Chapter XI — Final provisions](https://www.headlesslaw.com/data-act/chapters/xi.md): Articles 44–50 of Regulation (EU) 2023/2854 (Data Act). - [Articles](https://www.headlesslaw.com/data-act/articles.md): All 50 articles of Regulation (EU) 2023/2854 (Data Act), one page each. - [Article 1 — Subject matter and scope](https://www.headlesslaw.com/data-act/articles/1.md) - [Article 2 — Definitions](https://www.headlesslaw.com/data-act/articles/2.md) - [Article 3 — Obligation to make product data and related service data accessible to the user](https://www.headlesslaw.com/data-act/articles/3.md) - [Article 4 — The rights and obligations of users and data holders with regard to access, use and maki](https://www.headlesslaw.com/data-act/articles/4.md) - [Article 5 — Right of the user to share data with third parties](https://www.headlesslaw.com/data-act/articles/5.md) - [Article 6 — Obligations of third parties receiving data at the request of the user](https://www.headlesslaw.com/data-act/articles/6.md) - [Article 7 — Scope of business-to-consumer and business-to-business data sharing obligations](https://www.headlesslaw.com/data-act/articles/7.md) - [Article 8 — Conditions under which data holders make data available to data recipients](https://www.headlesslaw.com/data-act/articles/8.md) - [Article 9 — Compensation for making data available](https://www.headlesslaw.com/data-act/articles/9.md) - [Article 10 — Dispute settlement](https://www.headlesslaw.com/data-act/articles/10.md) - [Article 11 — Technical protection measures on the unauthorised use or disclosure of data](https://www.headlesslaw.com/data-act/articles/11.md) - [Article 12 — Scope of obligations for data holders obliged pursuant to Union law to make data availa](https://www.headlesslaw.com/data-act/articles/12.md) - [Article 13 — Unfair contractual terms unilaterally imposed on another enterprise](https://www.headlesslaw.com/data-act/articles/13.md) - [Article 14 — Obligation to make data available on the basis of an exceptional need](https://www.headlesslaw.com/data-act/articles/14.md) - [Article 15 — Exceptional need to use data](https://www.headlesslaw.com/data-act/articles/15.md) - [Article 16 — Relationship with other obligations to make data available to public sector bodies, the](https://www.headlesslaw.com/data-act/articles/16.md) - [Article 17 — Requests for data to be made available](https://www.headlesslaw.com/data-act/articles/17.md) - [Article 18 — Compliance with requests for data](https://www.headlesslaw.com/data-act/articles/18.md) - [Article 19 — Obligations of public sector bodies, the Commission, the European Central Bank and Unio](https://www.headlesslaw.com/data-act/articles/19.md) - [Article 20 — Compensation in cases of an exceptional need](https://www.headlesslaw.com/data-act/articles/20.md) - [Article 21 — Sharing of data obtained in the context of an exceptional need with research organisati](https://www.headlesslaw.com/data-act/articles/21.md) - [Article 22 — Mutual assistance and cross-border cooperation](https://www.headlesslaw.com/data-act/articles/22.md) - [Article 23 — Removing obstacles to effective switching](https://www.headlesslaw.com/data-act/articles/23.md) - [Article 24 — Scope of the technical obligations](https://www.headlesslaw.com/data-act/articles/24.md) - [Article 25 — Contractual terms concerning switching](https://www.headlesslaw.com/data-act/articles/25.md) - [Article 26 — Information obligation of providers of data processing services](https://www.headlesslaw.com/data-act/articles/26.md) - [Article 27 — Obligation of good faith](https://www.headlesslaw.com/data-act/articles/27.md) - [Article 28 — Contractual transparency obligations on international access and transfer](https://www.headlesslaw.com/data-act/articles/28.md) - [Article 29 — Gradual withdrawal of switching charges](https://www.headlesslaw.com/data-act/articles/29.md) - [Article 30 — Technical aspects of switching](https://www.headlesslaw.com/data-act/articles/30.md) - [Article 31 — Specific regime for certain data processing services](https://www.headlesslaw.com/data-act/articles/31.md) - [Article 32 — International governmental access and transfer](https://www.headlesslaw.com/data-act/articles/32.md) - [Article 33 — Essential requirements regarding interoperability of data, of data sharing mechanisms a](https://www.headlesslaw.com/data-act/articles/33.md) - [Article 34 — Interoperability for the purposes of in-parallel use of data processing services](https://www.headlesslaw.com/data-act/articles/34.md) - [Article 35 — Interoperability of data processing services](https://www.headlesslaw.com/data-act/articles/35.md) - [Article 36 — Essential requirements regarding smart contracts for executing data sharing agreements](https://www.headlesslaw.com/data-act/articles/36.md) - [Article 37 — Competent authorities and data coordinators](https://www.headlesslaw.com/data-act/articles/37.md) - [Article 38 — Right to lodge a complaint](https://www.headlesslaw.com/data-act/articles/38.md) - [Article 39 — Right to an effective judicial remedy](https://www.headlesslaw.com/data-act/articles/39.md) - [Article 40 — Penalties](https://www.headlesslaw.com/data-act/articles/40.md) - [Article 41 — Model contractual terms and standard contractual clauses](https://www.headlesslaw.com/data-act/articles/41.md) - [Article 42 — Role of the EDIB](https://www.headlesslaw.com/data-act/articles/42.md) - [Article 43 — Databases containing certain data](https://www.headlesslaw.com/data-act/articles/43.md) - [Article 44 — Other Union legal acts governing rights and obligations on data access and use](https://www.headlesslaw.com/data-act/articles/44.md) - [Article 45 — Exercise of the delegation](https://www.headlesslaw.com/data-act/articles/45.md) - [Article 46 — Committee procedure](https://www.headlesslaw.com/data-act/articles/46.md) - [Article 47 — Amendment to Regulation (EU) 2017/2394](https://www.headlesslaw.com/data-act/articles/47.md) - [Article 48 — Amendment to Directive (EU) 2020/1828](https://www.headlesslaw.com/data-act/articles/48.md) - [Article 49 — Evaluation and review](https://www.headlesslaw.com/data-act/articles/49.md) - [Article 50 — Entry into force and application](https://www.headlesslaw.com/data-act/articles/50.md) - [Level 3](https://www.headlesslaw.com/data-act/level-3.md): Level 3 — Data Act (3 instruments). - [Guidelines](https://www.headlesslaw.com/data-act/level-3/guidelines.md): Guidelines — Data Act (1 instrument). - [C/2025/5026 — Guideline — Vehicle data \[final\]](https://www.headlesslaw.com/data-act/level-3/guidelines/commission-c-2025-5026-vehicle-data-guidance.md) - [Q\&A](https://www.headlesslaw.com/data-act/level-3/q-and-a.md): Q\&A — Data Act (1 instrument). - [European Commission](https://www.headlesslaw.com/data-act/level-3/q-and-a/commission.md): European Commission — Data Act (1 instrument). - [FAQ version 1.4 — Q\&A — Data Act \[in force\]](https://www.headlesslaw.com/data-act/level-3/q-and-a/commission/commission-data-act-faq.md) - [Recommendations and codes](https://www.headlesslaw.com/data-act/level-3/recommendations-and-codes.md): Recommendations and codes — Data Act (1 instrument). - [Commission — Recommendation — Data Act MCTs/SCCs \[final\]](https://www.headlesslaw.com/data-act/level-3/recommendations-and-codes/commission-data-act-mct-scc-recommendation.md) ## DSA - [DSA](https://www.headlesslaw.com/dsa/readme.md) - [Chapters](https://www.headlesslaw.com/dsa/chapters.md): The 5 chapters of Regulation (EU) 2022/2065 (DSA). - [Chapter I — General provisions](https://www.headlesslaw.com/dsa/chapters/i.md): Articles 1–3 of Regulation (EU) 2022/2065 (DSA). - [Chapter II — Liability of providers of intermediary services](https://www.headlesslaw.com/dsa/chapters/ii.md): Articles 4–10 of Regulation (EU) 2022/2065 (DSA). - [Chapter III — Due diligence obligations for a transparent and safe online environment](https://www.headlesslaw.com/dsa/chapters/iii.md): Articles 11–48 of Regulation (EU) 2022/2065 (DSA). - [Chapter IV — Implementation, cooperation, sanctions and enforcement](https://www.headlesslaw.com/dsa/chapters/iv.md): Articles 49–88 of Regulation (EU) 2022/2065 (DSA). - [Chapter V — Final provisions](https://www.headlesslaw.com/dsa/chapters/v.md): Articles 89–93 of Regulation (EU) 2022/2065 (DSA). - [Articles](https://www.headlesslaw.com/dsa/articles.md): All 93 articles of Regulation (EU) 2022/2065 (DSA), one page each. - [Article 1 — Subject matter](https://www.headlesslaw.com/dsa/articles/1.md) - [Article 2 — Scope](https://www.headlesslaw.com/dsa/articles/2.md) - [Article 3 — Definitions](https://www.headlesslaw.com/dsa/articles/3.md) - [Article 4 — ‘Mere conduit’](https://www.headlesslaw.com/dsa/articles/4.md) - [Article 5 — ‘Caching’](https://www.headlesslaw.com/dsa/articles/5.md) - [Article 6 — Hosting](https://www.headlesslaw.com/dsa/articles/6.md) - [Article 7 — Voluntary own-initiative investigations and legal compliance](https://www.headlesslaw.com/dsa/articles/7.md) - [Article 8 — No general monitoring or active fact-finding obligations](https://www.headlesslaw.com/dsa/articles/8.md) - [Article 9 — Orders to act against illegal content](https://www.headlesslaw.com/dsa/articles/9.md) - [Article 10 — Orders to provide information](https://www.headlesslaw.com/dsa/articles/10.md) - [Article 11 — Points of contact for Member States’ authorities, the Commission and the Board](https://www.headlesslaw.com/dsa/articles/11.md) - [Article 12 — Points of contact for recipients of the service](https://www.headlesslaw.com/dsa/articles/12.md) - [Article 13 — Legal representatives](https://www.headlesslaw.com/dsa/articles/13.md) - [Article 14 — Terms and conditions](https://www.headlesslaw.com/dsa/articles/14.md) - [Article 15 — Transparency reporting obligations for providers of intermediary services](https://www.headlesslaw.com/dsa/articles/15.md) - [Article 16 — Notice and action mechanisms](https://www.headlesslaw.com/dsa/articles/16.md) - [Article 17 — Statement of reasons](https://www.headlesslaw.com/dsa/articles/17.md) - [Article 18 — Notification of suspicions of criminal offences](https://www.headlesslaw.com/dsa/articles/18.md) - [Article 19 — Exclusion for micro and small enterprises](https://www.headlesslaw.com/dsa/articles/19.md) - [Article 20 — Internal complaint-handling system](https://www.headlesslaw.com/dsa/articles/20.md) - [Article 21 — Out-of-court dispute settlement](https://www.headlesslaw.com/dsa/articles/21.md) - [Article 22 — Trusted flaggers](https://www.headlesslaw.com/dsa/articles/22.md) - [Article 23 — Measures and protection against misuse](https://www.headlesslaw.com/dsa/articles/23.md) - [Article 24 — Transparency reporting obligations for providers of online platforms](https://www.headlesslaw.com/dsa/articles/24.md) - [Article 25 — Online interface design and organisation](https://www.headlesslaw.com/dsa/articles/25.md) - [Article 26 — Advertising on online platforms](https://www.headlesslaw.com/dsa/articles/26.md) - [Article 27 — Recommender system transparency](https://www.headlesslaw.com/dsa/articles/27.md) - [Article 28 — Online protection of minors](https://www.headlesslaw.com/dsa/articles/28.md) - [Article 29 — Exclusion for micro and small enterprises](https://www.headlesslaw.com/dsa/articles/29.md) - [Article 30 — Traceability of traders](https://www.headlesslaw.com/dsa/articles/30.md) - [Article 31 — Compliance by design](https://www.headlesslaw.com/dsa/articles/31.md) - [Article 32 — Right to information](https://www.headlesslaw.com/dsa/articles/32.md) - [Article 33 — Very large online platforms and very large online search engines](https://www.headlesslaw.com/dsa/articles/33.md) - [Article 34 — Risk assessment](https://www.headlesslaw.com/dsa/articles/34.md) - [Article 35 — Mitigation of risks](https://www.headlesslaw.com/dsa/articles/35.md) - [Article 36 — Crisis response mechanism](https://www.headlesslaw.com/dsa/articles/36.md) - [Article 37 — Independent audit](https://www.headlesslaw.com/dsa/articles/37.md) - [Article 38 — Recommender systems](https://www.headlesslaw.com/dsa/articles/38.md) - [Article 39 — Additional online advertising transparency](https://www.headlesslaw.com/dsa/articles/39.md) - [Article 40 — Data access and scrutiny](https://www.headlesslaw.com/dsa/articles/40.md) - [Article 41 — Compliance function](https://www.headlesslaw.com/dsa/articles/41.md) - [Article 42 — Transparency reporting obligations](https://www.headlesslaw.com/dsa/articles/42.md) - [Article 43 — Supervisory fee](https://www.headlesslaw.com/dsa/articles/43.md) - [Article 44 — Standards](https://www.headlesslaw.com/dsa/articles/44.md) - [Article 45 — Codes of conduct](https://www.headlesslaw.com/dsa/articles/45.md) - [Article 46 — Codes of conduct for online advertising](https://www.headlesslaw.com/dsa/articles/46.md) - [Article 47 — Codes of conduct for accessibility](https://www.headlesslaw.com/dsa/articles/47.md) - [Article 48 — Crisis protocols](https://www.headlesslaw.com/dsa/articles/48.md) - [Article 49 — Competent authorities and Digital Services Coordinators](https://www.headlesslaw.com/dsa/articles/49.md) - [Article 50 — Requirements for Digital Services Coordinators](https://www.headlesslaw.com/dsa/articles/50.md) - [Article 51 — Powers of Digital Services Coordinators](https://www.headlesslaw.com/dsa/articles/51.md) - [Article 52 — Penalties](https://www.headlesslaw.com/dsa/articles/52.md) - [Article 53 — Right to lodge a complaint](https://www.headlesslaw.com/dsa/articles/53.md) - [Article 54 — Compensation](https://www.headlesslaw.com/dsa/articles/54.md) - [Article 55 — Activity reports](https://www.headlesslaw.com/dsa/articles/55.md) - [Article 56 — Competences](https://www.headlesslaw.com/dsa/articles/56.md) - [Article 57 — Mutual assistance](https://www.headlesslaw.com/dsa/articles/57.md) - [Article 58 — Cross-border cooperation among Digital Services Coordinators](https://www.headlesslaw.com/dsa/articles/58.md) - [Article 59 — Referral to the Commission](https://www.headlesslaw.com/dsa/articles/59.md) - [Article 60 — Joint investigations](https://www.headlesslaw.com/dsa/articles/60.md) - [Article 61 — European Board for Digital Services](https://www.headlesslaw.com/dsa/articles/61.md) - [Article 62 — Structure of the Board](https://www.headlesslaw.com/dsa/articles/62.md) - [Article 63 — Tasks of the Board](https://www.headlesslaw.com/dsa/articles/63.md) - [Article 64 — Development of expertise and capabilities](https://www.headlesslaw.com/dsa/articles/64.md) - [Article 65 — Enforcement of obligations of providers of very large online platforms and of very larg](https://www.headlesslaw.com/dsa/articles/65.md) - [Article 66 — Initiation of proceedings by the Commission and cooperation in investigation](https://www.headlesslaw.com/dsa/articles/66.md) - [Article 67 — Requests for information](https://www.headlesslaw.com/dsa/articles/67.md) - [Article 68 — Power to take interviews and statements](https://www.headlesslaw.com/dsa/articles/68.md) - [Article 69 — Power to conduct inspections](https://www.headlesslaw.com/dsa/articles/69.md) - [Article 70 — Interim measures](https://www.headlesslaw.com/dsa/articles/70.md) - [Article 71 — Commitments](https://www.headlesslaw.com/dsa/articles/71.md) - [Article 72 — Monitoring actions](https://www.headlesslaw.com/dsa/articles/72.md) - [Article 73 — Non-compliance](https://www.headlesslaw.com/dsa/articles/73.md) - [Article 74 — Fines](https://www.headlesslaw.com/dsa/articles/74.md) - [Article 75 — Enhanced supervision of remedies to address infringements of obligations laid down in S](https://www.headlesslaw.com/dsa/articles/75.md) - [Article 76 — Periodic penalty payments](https://www.headlesslaw.com/dsa/articles/76.md) - [Article 77 — Limitation period for the imposition of penalties](https://www.headlesslaw.com/dsa/articles/77.md) - [Article 78 — Limitation period for the enforcement of penalties](https://www.headlesslaw.com/dsa/articles/78.md) - [Article 79 — Right to be heard and access to the file](https://www.headlesslaw.com/dsa/articles/79.md) - [Article 80 — Publication of decisions](https://www.headlesslaw.com/dsa/articles/80.md) - [Article 81 — Review by the Court of Justice of the European Union](https://www.headlesslaw.com/dsa/articles/81.md) - [Article 82 — Requests for access restrictions and cooperation with national courts](https://www.headlesslaw.com/dsa/articles/82.md) - [Article 83 — Implementing acts relating to Commission intervention](https://www.headlesslaw.com/dsa/articles/83.md) - [Article 84 — Professional secrecy](https://www.headlesslaw.com/dsa/articles/84.md) - [Article 85 — Information sharing system](https://www.headlesslaw.com/dsa/articles/85.md) - [Article 86 — Representation](https://www.headlesslaw.com/dsa/articles/86.md) - [Article 87 — Exercise of the delegation](https://www.headlesslaw.com/dsa/articles/87.md) - [Article 88 — Committee procedure](https://www.headlesslaw.com/dsa/articles/88.md) - [Article 89 — Amendments to Directive 2000/31/EC](https://www.headlesslaw.com/dsa/articles/89.md) - [Article 90 — Amendment to Directive (EU) 2020/1828](https://www.headlesslaw.com/dsa/articles/90.md) - [Article 91 — Review](https://www.headlesslaw.com/dsa/articles/91.md) - [Article 92 — Anticipated application to providers of very large online platforms and of very large o](https://www.headlesslaw.com/dsa/articles/92.md) - [Article 93 — Entry into force and application](https://www.headlesslaw.com/dsa/articles/93.md) - [Level 2](https://www.headlesslaw.com/dsa/level-2.md): Level 2 — DSA (6 instruments). - [Delegated acts](https://www.headlesslaw.com/dsa/level-2/delegated-acts.md): Delegated acts — DSA (3 instruments). - [2023/1127 — Delegated act — Supervisory fees charged by the Commission \[in force\]](https://www.headlesslaw.com/dsa/level-2/delegated-acts/2023-1127-supervisory-fees-charged-by-the-commission.md) - [2024/436 — Delegated act — Performance of audits for very large online platforms \[in force\]](https://www.headlesslaw.com/dsa/level-2/delegated-acts/2024-436-performance-of-audits-for-very-large-online-platforms.md) - [2025/2050 — Delegated act — Conditions to share data with vetted researchers \[in force\]](https://www.headlesslaw.com/dsa/level-2/delegated-acts/2025-2050-conditions-to-share-data-with-vetted-researchers.md) - [Implementing acts](https://www.headlesslaw.com/dsa/level-2/implementing-acts.md): Implementing acts — DSA (3 instruments). - [2023/1201 — Implementing act — Conduct of certain proceedings by the Commission \[in force\]](https://www.headlesslaw.com/dsa/level-2/implementing-acts/2023-1201-conduct-of-certain-proceedings-by-the-commission.md) - [2024/607 — Implementing act — Functioning of the information sharing system \[in force\]](https://www.headlesslaw.com/dsa/level-2/implementing-acts/2024-607-functioning-of-the-information-sharing-system.md) - [2024/2835 — Implementing act — Templates concerning transparency reporting \[in force\]](https://www.headlesslaw.com/dsa/level-2/implementing-acts/2024-2835-templates-concerning-transparency-reporting.md) - [Level 3](https://www.headlesslaw.com/dsa/level-3.md): Level 3 — DSA (5 instruments). - [Guidelines](https://www.headlesslaw.com/dsa/level-3/guidelines.md): Guidelines — DSA (2 instruments). - [C/2024/3014 — Guideline — Elections \[final\]](https://www.headlesslaw.com/dsa/level-3/guidelines/commission-c-2024-3014-electoral-processes.md) - [C/2025/5519 — Guideline — Minors online \[final\]](https://www.headlesslaw.com/dsa/level-3/guidelines/commission-c-2025-5519-minors-online.md) - [Q\&A](https://www.headlesslaw.com/dsa/level-3/q-and-a.md): Q\&A — DSA (3 instruments). - [European Commission](https://www.headlesslaw.com/dsa/level-3/q-and-a/commission.md): European Commission — DSA (3 instruments). - [Commission — Q\&A — Digital Services Act \[in force\]](https://www.headlesslaw.com/dsa/level-3/q-and-a/commission/commission-dsa-qa-general.md) - [Commission — Q\&A — Digital Services Act \[in force\]](https://www.headlesslaw.com/dsa/level-3/q-and-a/commission/commission-qa-digital-services-act-questions-and-answers.md) - [Commission — Q\&A — Risk and audit reports \[in force\]](https://www.headlesslaw.com/dsa/level-3/q-and-a/commission/commission-dsa-qa-risk-audit-reports.md) ## AI Act - [AI Act](https://www.headlesslaw.com/ai-act/readme.md) - [Chapters](https://www.headlesslaw.com/ai-act/chapters.md): The 13 chapters of Regulation (EU) 2024/1689 (AI Act). - [Chapter I — General provisions](https://www.headlesslaw.com/ai-act/chapters/i.md): Articles 1–4a of Regulation (EU) 2024/1689 (AI Act). - [Chapter II — Prohibited AI practices](https://www.headlesslaw.com/ai-act/chapters/ii.md): Article 5 of Regulation (EU) 2024/1689 (AI Act). - [Chapter III — High-risk AI systems](https://www.headlesslaw.com/ai-act/chapters/iii.md): Articles 6–49 of Regulation (EU) 2024/1689 (AI Act). - [Chapter IV — Transparency obligations for providers and deployers of certain AI systems](https://www.headlesslaw.com/ai-act/chapters/iv.md): Article 50 of Regulation (EU) 2024/1689 (AI Act). - [Chapter V — General-purpose AI models](https://www.headlesslaw.com/ai-act/chapters/v.md): Articles 51–56 of Regulation (EU) 2024/1689 (AI Act). - [Chapter VI — Measures in support of innovation](https://www.headlesslaw.com/ai-act/chapters/vi.md): Articles 57–63 of Regulation (EU) 2024/1689 (AI Act). - [Chapter VII — Governance](https://www.headlesslaw.com/ai-act/chapters/vii.md): Articles 64–70 of Regulation (EU) 2024/1689 (AI Act). - [Chapter VIII — EU database for high-risk AI systems](https://www.headlesslaw.com/ai-act/chapters/viii.md): Article 71 of Regulation (EU) 2024/1689 (AI Act). - [Chapter IX — Post-market monitoring, information sharing and market surveillance](https://www.headlesslaw.com/ai-act/chapters/ix.md): Articles 72–94 of Regulation (EU) 2024/1689 (AI Act). - [Chapter X — Codes of conduct and guidelines](https://www.headlesslaw.com/ai-act/chapters/x.md): Articles 95–96 of Regulation (EU) 2024/1689 (AI Act). - [Chapter XI — Delegation of power and committee procedure](https://www.headlesslaw.com/ai-act/chapters/xi.md): Articles 97–98 of Regulation (EU) 2024/1689 (AI Act). - [Chapter XII — Penalties](https://www.headlesslaw.com/ai-act/chapters/xii.md): Articles 99–101 of Regulation (EU) 2024/1689 (AI Act). - [Chapter XIII — Final provisions](https://www.headlesslaw.com/ai-act/chapters/xiii.md): Articles 102–113 of Regulation (EU) 2024/1689 (AI Act). - [Articles](https://www.headlesslaw.com/ai-act/articles.md): All 119 articles of Regulation (EU) 2024/1689 (AI Act), one page each. - [Article 1 — Subject matter'](https://www.headlesslaw.com/ai-act/articles/1.md) - [Article 2 — Scope](https://www.headlesslaw.com/ai-act/articles/2.md) - [Article 3 — Definitions](https://www.headlesslaw.com/ai-act/articles/3.md) - [Article 4 — AI literacy](https://www.headlesslaw.com/ai-act/articles/4.md) - [Article 4a — Processing of special categories of personal data for bias detection and correction](https://www.headlesslaw.com/ai-act/articles/4a.md) - [Article 5 — Prohibited AI practices](https://www.headlesslaw.com/ai-act/articles/5.md) - [Article 6 — Classification rules for high-risk AI systems](https://www.headlesslaw.com/ai-act/articles/6.md) - [Article 7 — Amendments to Annex III](https://www.headlesslaw.com/ai-act/articles/7.md) - [Article 8 — Compliance with the requirements](https://www.headlesslaw.com/ai-act/articles/8.md) - [Article 9 — Risk management system](https://www.headlesslaw.com/ai-act/articles/9.md) - [Article 10 — Data and data governance](https://www.headlesslaw.com/ai-act/articles/10.md) - [Article 11 — Technical documentation](https://www.headlesslaw.com/ai-act/articles/11.md) - [Article 12 — Record-keeping](https://www.headlesslaw.com/ai-act/articles/12.md) - [Article 13 — Transparency and provision of information to deployers](https://www.headlesslaw.com/ai-act/articles/13.md) - [Article 14 — Human oversight](https://www.headlesslaw.com/ai-act/articles/14.md) - [Article 15 — Accuracy, robustness and cybersecurity](https://www.headlesslaw.com/ai-act/articles/15.md) - [Article 16 — Obligations of providers of high-risk AI systems](https://www.headlesslaw.com/ai-act/articles/16.md) - [Article 17 — Quality management system](https://www.headlesslaw.com/ai-act/articles/17.md) - [Article 18 — Documentation keeping](https://www.headlesslaw.com/ai-act/articles/18.md) - [Article 19 — Automatically generated logs](https://www.headlesslaw.com/ai-act/articles/19.md) - [Article 20 — Corrective actions and duty of information](https://www.headlesslaw.com/ai-act/articles/20.md) - [Article 21 — Cooperation with competent authorities](https://www.headlesslaw.com/ai-act/articles/21.md) - [Article 22 — Authorised representatives of providers of high-risk AI systems](https://www.headlesslaw.com/ai-act/articles/22.md) - [Article 23 — Obligations of importers](https://www.headlesslaw.com/ai-act/articles/23.md) - [Article 24 — Obligations of distributors](https://www.headlesslaw.com/ai-act/articles/24.md) - [Article 25 — Responsibilities along the AI value chain](https://www.headlesslaw.com/ai-act/articles/25.md) - [Article 26 — Obligations of deployers of high-risk AI systems](https://www.headlesslaw.com/ai-act/articles/26.md) - [Article 27 — Fundamental rights impact assessment for high-risk AI systems](https://www.headlesslaw.com/ai-act/articles/27.md) - [Article 28 — Notifying authorities](https://www.headlesslaw.com/ai-act/articles/28.md) - [Article 29 — Application of a conformity assessment body for notification](https://www.headlesslaw.com/ai-act/articles/29.md) - [Article 30 — Notification procedure](https://www.headlesslaw.com/ai-act/articles/30.md) - [Article 31 — Requirements relating to notified bodies](https://www.headlesslaw.com/ai-act/articles/31.md) - [Article 32 — Presumption of conformity with requirements relating to notified bodies](https://www.headlesslaw.com/ai-act/articles/32.md) - [Article 33 — Subsidiaries of notified bodies and subcontracting](https://www.headlesslaw.com/ai-act/articles/33.md) - [Article 34 — Operational obligations of notified bodies](https://www.headlesslaw.com/ai-act/articles/34.md) - [Article 35 — Identification numbers and lists of notified bodies](https://www.headlesslaw.com/ai-act/articles/35.md) - [Article 36 — Changes to notifications](https://www.headlesslaw.com/ai-act/articles/36.md) - [Article 37 — Challenge to the competence of notified bodies](https://www.headlesslaw.com/ai-act/articles/37.md) - [Article 38 — Coordination of notified bodies](https://www.headlesslaw.com/ai-act/articles/38.md) - [Article 39 — Conformity assessment bodies of third countries](https://www.headlesslaw.com/ai-act/articles/39.md) - [Article 40 — Harmonised standards and standardisation deliverables](https://www.headlesslaw.com/ai-act/articles/40.md) - [Article 41 — Common specifications](https://www.headlesslaw.com/ai-act/articles/41.md) - [Article 42 — Presumption of conformity with certain requirements](https://www.headlesslaw.com/ai-act/articles/42.md) - [Article 43 — Conformity assessment](https://www.headlesslaw.com/ai-act/articles/43.md) - [Article 44 — Certificates](https://www.headlesslaw.com/ai-act/articles/44.md) - [Article 45 — Information obligations of notified bodies](https://www.headlesslaw.com/ai-act/articles/45.md) - [Article 46 — Derogation from conformity assessment procedure](https://www.headlesslaw.com/ai-act/articles/46.md) - [Article 47 — EU declaration of conformity](https://www.headlesslaw.com/ai-act/articles/47.md) - [Article 48 — CE marking](https://www.headlesslaw.com/ai-act/articles/48.md) - [Article 49 — Registration](https://www.headlesslaw.com/ai-act/articles/49.md) - [Article 50 — Transparency obligations for providers and deployers of certain AI systems](https://www.headlesslaw.com/ai-act/articles/50.md) - [Article 51 — Classification of general-purpose AI models as general-purpose AI models with systemic](https://www.headlesslaw.com/ai-act/articles/51.md) - [Article 52 — Procedure](https://www.headlesslaw.com/ai-act/articles/52.md) - [Article 53 — Obligations for providers of general-purpose AI models](https://www.headlesslaw.com/ai-act/articles/53.md) - [Article 54 — Authorised representatives of providers of general-purpose AI models](https://www.headlesslaw.com/ai-act/articles/54.md) - [Article 55 — Obligations of providers of general-purpose AI models with systemic risk](https://www.headlesslaw.com/ai-act/articles/55.md) - [Article 56 — Codes of practice](https://www.headlesslaw.com/ai-act/articles/56.md) - [Article 57 — AI regulatory sandboxes](https://www.headlesslaw.com/ai-act/articles/57.md) - [Article 58 — Detailed arrangements for, and functioning of, AI regulatory sandboxes](https://www.headlesslaw.com/ai-act/articles/58.md) - [Article 59 — Further processing of personal data for developing certain AI systems in the public interest in the AI regulatory sandbox](https://www.headlesslaw.com/ai-act/articles/59.md) - [Article 60 — Testing of high-risk AI systems in real world conditions outside AI regulatory sandboxes](https://www.headlesslaw.com/ai-act/articles/60.md) - [Article 60a — Testing of high-risk AI systems covered by Union harmonisation legislation listed in Section B of Annex I in real-world conditions outside AI regulatory sandboxes](https://www.headlesslaw.com/ai-act/articles/60a.md) - [Article 61 — Informed consent to participate in testing in real world conditions outside AI regulatory sandboxes](https://www.headlesslaw.com/ai-act/articles/61.md) - [Article 62 — Measures for providers and deployers, in particular SMEs, including start-ups](https://www.headlesslaw.com/ai-act/articles/62.md) - [Article 63 — Derogations for specific operators](https://www.headlesslaw.com/ai-act/articles/63.md) - [Article 64 — AI Office](https://www.headlesslaw.com/ai-act/articles/64.md) - [Article 65 — Establishment and structure of the European Artificial Intelligence Board](https://www.headlesslaw.com/ai-act/articles/65.md) - [Article 66 — Tasks of the Board](https://www.headlesslaw.com/ai-act/articles/66.md) - [Article 67 — Advisory forum](https://www.headlesslaw.com/ai-act/articles/67.md) - [Article 68 — Scientific panel of independent experts](https://www.headlesslaw.com/ai-act/articles/68.md) - [Article 69 — Access to the pool of experts by the Member States](https://www.headlesslaw.com/ai-act/articles/69.md) - [Article 70 — Designation of national competent authorities and single points of contact](https://www.headlesslaw.com/ai-act/articles/70.md) - [Article 71 — EU database for high-risk AI systems listed in Annex III](https://www.headlesslaw.com/ai-act/articles/71.md) - [Article 72 — Post-market monitoring by providers and post-market monitoring plan for high-risk AI systems](https://www.headlesslaw.com/ai-act/articles/72.md) - [Article 73 — Reporting of serious incidents](https://www.headlesslaw.com/ai-act/articles/73.md) - [Article 74 — Market surveillance and control of AI systems in the Union market](https://www.headlesslaw.com/ai-act/articles/74.md) - [Article 75 — Market surveillance and control of AI systems and mutual assistance](https://www.headlesslaw.com/ai-act/articles/75.md) - [Article 75a — Supervisory and enforcement powers of the AI Office](https://www.headlesslaw.com/ai-act/articles/75a.md) - [Article 75b — Commitments](https://www.headlesslaw.com/ai-act/articles/75b.md) - [Article 75c — Non-compliance, fines and periodic penalty payments](https://www.headlesslaw.com/ai-act/articles/75c.md) - [Article 75d — Safeguards and further specification](https://www.headlesslaw.com/ai-act/articles/75d.md) - [Article 76 — Supervision of testing in real world conditions by market surveillance authorities](https://www.headlesslaw.com/ai-act/articles/76.md) - [Article 77 — Powers of authorities protecting fundamental rights and cooperation with market surveillance authorities](https://www.headlesslaw.com/ai-act/articles/77.md) - [Article 78 — Confidentiality](https://www.headlesslaw.com/ai-act/articles/78.md) - [Article 79 — Procedure at national level for dealing with AI systems presenting a risk](https://www.headlesslaw.com/ai-act/articles/79.md) - [Article 80 — Procedure for dealing with AI systems classified by the provider as non-high-risk in application of Annex III](https://www.headlesslaw.com/ai-act/articles/80.md) - [Article 81 — Union safeguard procedure](https://www.headlesslaw.com/ai-act/articles/81.md) - [Article 82 — Compliant AI systems which present a risk](https://www.headlesslaw.com/ai-act/articles/82.md) - [Article 83 — Formal non-compliance](https://www.headlesslaw.com/ai-act/articles/83.md) - [Article 84 — Union AI testing support structures](https://www.headlesslaw.com/ai-act/articles/84.md) - [Article 85 — Right to lodge a complaint with a market surveillance authority](https://www.headlesslaw.com/ai-act/articles/85.md) - [Article 86 — Right to explanation of individual decision-making](https://www.headlesslaw.com/ai-act/articles/86.md) - [Article 87 — Reporting of infringements and protection of reporting persons](https://www.headlesslaw.com/ai-act/articles/87.md) - [Article 88 — Enforcement of the obligations of providers of general-purpose AI models](https://www.headlesslaw.com/ai-act/articles/88.md) - [Article 89 — Monitoring actions](https://www.headlesslaw.com/ai-act/articles/89.md) - [Article 90 — Alerts of systemic risks by the scientific panel](https://www.headlesslaw.com/ai-act/articles/90.md) - [Article 91 — Power to request documentation and information](https://www.headlesslaw.com/ai-act/articles/91.md) - [Article 92 — Power to conduct evaluations](https://www.headlesslaw.com/ai-act/articles/92.md) - [Article 93 — Power to request measures](https://www.headlesslaw.com/ai-act/articles/93.md) - [Article 94 — Procedural rights of economic operators of the general-purpose AI model](https://www.headlesslaw.com/ai-act/articles/94.md) - [Article 95 — Codes of conduct for voluntary application of specific requirements](https://www.headlesslaw.com/ai-act/articles/95.md) - [Article 96 — Guidelines from the Commission on the implementation of this Regulation](https://www.headlesslaw.com/ai-act/articles/96.md) - [Article 97 — Exercise of the delegation](https://www.headlesslaw.com/ai-act/articles/97.md) - [Article 98 — Committee procedure](https://www.headlesslaw.com/ai-act/articles/98.md) - [Article 99 — Penalties](https://www.headlesslaw.com/ai-act/articles/99.md) - [Article 100 — Administrative fines on Union institutions, bodies, offices and agencies](https://www.headlesslaw.com/ai-act/articles/100.md) - [Article 101 — Fines for providers of general-purpose AI models](https://www.headlesslaw.com/ai-act/articles/101.md) - [Article 102 — Amendment to Regulation (EC) No 300/2008](https://www.headlesslaw.com/ai-act/articles/102.md) - [Article 103 — Amendment to Regulation (EU) No 167/2013](https://www.headlesslaw.com/ai-act/articles/103.md) - [Article 104 — Amendment to Regulation (EU) No 168/2013](https://www.headlesslaw.com/ai-act/articles/104.md) - [Article 105 — Amendment to Directive 2014/90/EU](https://www.headlesslaw.com/ai-act/articles/105.md) - [Article 106 — Amendment to Directive (EU) 2016/797](https://www.headlesslaw.com/ai-act/articles/106.md) - [Article 107 — Amendment to Regulation (EU) 2018/858](https://www.headlesslaw.com/ai-act/articles/107.md) - [Article 108 — Amendments to Regulation (EU) 2018/1139](https://www.headlesslaw.com/ai-act/articles/108.md) - [Article 109 — Amendment to Regulation (EU) 2019/2144](https://www.headlesslaw.com/ai-act/articles/109.md) - [Article 110 — Amendment to Directive (EU) 2020/1828](https://www.headlesslaw.com/ai-act/articles/110.md) - [Article 111 — AI systems already placed on the market or put into service and general-purpose AI models already placed on the marked](https://www.headlesslaw.com/ai-act/articles/111.md) - [Article 112 — Evaluation and review](https://www.headlesslaw.com/ai-act/articles/112.md) - [Article 113 — Entry into force and application](https://www.headlesslaw.com/ai-act/articles/113.md) - [Annexes](https://www.headlesslaw.com/ai-act/annexes.md): The 14 annexes of Regulation (EU) 2024/1689 (AI Act). - [Annex I](https://www.headlesslaw.com/ai-act/annexes/annex-i.md) - [Annex II](https://www.headlesslaw.com/ai-act/annexes/annex-ii.md) - [Annex III](https://www.headlesslaw.com/ai-act/annexes/annex-iii.md) - [Annex IV](https://www.headlesslaw.com/ai-act/annexes/annex-iv.md) - [Annex V](https://www.headlesslaw.com/ai-act/annexes/annex-v.md) - [Annex VI](https://www.headlesslaw.com/ai-act/annexes/annex-vi.md) - [Annex VII](https://www.headlesslaw.com/ai-act/annexes/annex-vii.md) - [Annex VIII](https://www.headlesslaw.com/ai-act/annexes/annex-viii.md) - [Annex IX](https://www.headlesslaw.com/ai-act/annexes/annex-ix.md) - [Annex X](https://www.headlesslaw.com/ai-act/annexes/annex-x.md) - [Annex XI](https://www.headlesslaw.com/ai-act/annexes/annex-xi.md) - [Annex XII](https://www.headlesslaw.com/ai-act/annexes/annex-xii.md) - [Annex XIII](https://www.headlesslaw.com/ai-act/annexes/annex-xiii.md) - [Annex XIV](https://www.headlesslaw.com/ai-act/annexes/annex-xiv.md) - [Level 2](https://www.headlesslaw.com/ai-act/level-2.md): Level 2 — AI Act (2 instruments). - [Implementing acts](https://www.headlesslaw.com/ai-act/level-2/implementing-acts.md): Implementing acts — AI Act (2 instruments). - [2025/454 — Implementing act — Scientific panel of independent experts \[in force\]](https://www.headlesslaw.com/ai-act/level-2/implementing-acts/2025-454-scientific-panel-of-independent-experts.md) - [2026/1755 — Implementing act — Conduct of certain proceedings by the Commission \[in force\]](https://www.headlesslaw.com/ai-act/level-2/implementing-acts/2026-1755-conduct-of-certain-proceedings-by-the-commission.md) - [Level 3](https://www.headlesslaw.com/ai-act/level-3.md): Level 3 — AI Act (14 instruments). - [Guidelines](https://www.headlesslaw.com/ai-act/level-3/guidelines.md): Guidelines — AI Act (4 instruments). - [C(2025) 5052 — Guideline — Prohibited practices \[final\]](https://www.headlesslaw.com/ai-act/level-3/guidelines/commission-c-2025-5052-prohibited-practices.md) - [C(2025) 5053 — Guideline — AI-system definition \[final\]](https://www.headlesslaw.com/ai-act/level-3/guidelines/commission-c-2025-5053-ai-system-definition.md) - [C(2025) 7719 — Guideline — GPAI obligations \[final\]](https://www.headlesslaw.com/ai-act/level-3/guidelines/commission-c-2025-7719-gpai-provider-obligations.md) - [C(2026) 5054 — Guideline — Transparency obligations \[final\]](https://www.headlesslaw.com/ai-act/level-3/guidelines/commission-c-2026-5054-transparency-obligations.md) - [Q\&A](https://www.headlesslaw.com/ai-act/level-3/q-and-a.md): Q\&A — AI Act (7 instruments). - [European Commission](https://www.headlesslaw.com/ai-act/level-3/q-and-a/commission.md): European Commission — AI Act (7 instruments). - [Commission — Q\&A — Signing the General-Purpose AI Code of Practice \[in force\]](https://www.headlesslaw.com/ai-act/level-3/q-and-a/commission/commission-qa-signing-general-purpose-ai-code-practice.md) - [Commission — Q\&A — General-purpose AI models in the AI Act \[in force\]](https://www.headlesslaw.com/ai-act/level-3/q-and-a/commission/commission-qa-general-purpose-ai-models-ai-act-questions-answers.md) - [Commission — Q\&A — Guidelines on obligations for GPAI providers \[in force\]](https://www.headlesslaw.com/ai-act/level-3/q-and-a/commission/commission-qa-guidelines-obligations-general-purpose-ai-providers.md) - [Commission — Q\&A — Standardisation of the AI Act \[in force\]](https://www.headlesslaw.com/ai-act/level-3/q-and-a/commission/commission-qa-understanding-standardisation-ai-act.md) - [Commission — Q\&A — Template for the summary of GPAI training content \[in force\]](https://www.headlesslaw.com/ai-act/level-3/q-and-a/commission/commission-qa-template-general-purpose-ai-model-providers-summarise-their-training-content.md) - [Commission — Q\&A — General-Purpose AI Code of Practice \[in force\]](https://www.headlesslaw.com/ai-act/level-3/q-and-a/commission/commission-qa-questions-and-answers-code-practice-general-purpose-ai.md) - [Commission — Q\&A — Navigating the AI Act \[in force\]](https://www.headlesslaw.com/ai-act/level-3/q-and-a/commission/commission-qa-navigating-ai-act.md) - [Opinions](https://www.headlesslaw.com/ai-act/level-3/opinions.md): Opinions — AI Act (2 instruments). - [C(2025) 5361 — Opinion — Assessment of the General-Purpose AI Code of Practice \[final\]](https://www.headlesslaw.com/ai-act/level-3/opinions/commission-c-2025-5361-opinion-gpai-code-of-practice.md) - [C(2026) 4839 — Opinion — Assessment of the Code of Practice on AI-generated content \[final\]](https://www.headlesslaw.com/ai-act/level-3/opinions/commission-c-2026-4839-opinion-transparency-code-of-practice.md) - [Decisions and templates](https://www.headlesslaw.com/ai-act/level-3/decisions-and-templates.md): Decisions and templates — AI Act (1 instrument). - [C(2025) 8311 — Template — Public summary of training content of GPAI models \[final\]](https://www.headlesslaw.com/ai-act/level-3/decisions-and-templates/commission-c-2025-8311-training-content-summary-template.md) ## Definitions - [Definitions](https://www.headlesslaw.com/definitions/readme.md): Canonical, cross-linked EU regulation definitions, grouped by the rulebook that defines them (AI Act, MiFID II, DORA, AMLR, MiFIR, CRA, MiCA, Data Act, NIS2, MAR, GDPR, DSA, ToFR, ePrivacy, EMD, PSD2, - [AI Act Definitions](https://www.headlesslaw.com/definitions/ai-act.md): Definitions from Regulation (EU) 2024/1689, Article 3. - [AI literacy](https://www.headlesslaw.com/definitions/ai-act/ai-literacy.md) - [AI Office](https://www.headlesslaw.com/definitions/ai-act/ai-office.md) - [AI regulatory sandbox](https://www.headlesslaw.com/definitions/ai-act/ai-regulatory-sandbox.md) - [AI system](https://www.headlesslaw.com/definitions/ai-act/ai-system.md) - [authorised representative](https://www.headlesslaw.com/definitions/ai-act/authorised-representative.md) - [biometric categorisation system](https://www.headlesslaw.com/definitions/ai-act/biometric-categorisation-system.md) - [biometric data](https://www.headlesslaw.com/definitions/ai-act/biometric-data.md) - [biometric identification](https://www.headlesslaw.com/definitions/ai-act/biometric-identification.md) - [biometric verification](https://www.headlesslaw.com/definitions/ai-act/biometric-verification.md) - [CE marking](https://www.headlesslaw.com/definitions/ai-act/ce-marking.md) - [common specification](https://www.headlesslaw.com/definitions/ai-act/common-specification.md) - [conformity assessment](https://www.headlesslaw.com/definitions/ai-act/conformity-assessment.md) - [conformity assessment body](https://www.headlesslaw.com/definitions/ai-act/conformity-assessment-body.md) - [critical infrastructure](https://www.headlesslaw.com/definitions/ai-act/critical-infrastructure.md) - [deep fake](https://www.headlesslaw.com/definitions/ai-act/deep-fake.md) - [deployer](https://www.headlesslaw.com/definitions/ai-act/deployer.md) - [distributor](https://www.headlesslaw.com/definitions/ai-act/distributor.md) - [downstream provider](https://www.headlesslaw.com/definitions/ai-act/downstream-provider.md) - [emotion recognition system](https://www.headlesslaw.com/definitions/ai-act/emotion-recognition-system.md) - [floating-point operation](https://www.headlesslaw.com/definitions/ai-act/floating-point-operation.md) - [general-purpose AI model](https://www.headlesslaw.com/definitions/ai-act/general-purpose-ai-model.md) - [general-purpose AI system](https://www.headlesslaw.com/definitions/ai-act/general-purpose-ai-system.md) - [harmonised standard](https://www.headlesslaw.com/definitions/ai-act/harmonised-standard.md) - [high-impact capabilities](https://www.headlesslaw.com/definitions/ai-act/high-impact-capabilities.md) - [importer](https://www.headlesslaw.com/definitions/ai-act/importer.md) - [informed consent](https://www.headlesslaw.com/definitions/ai-act/informed-consent.md) - [input data](https://www.headlesslaw.com/definitions/ai-act/input-data.md) - [instructions for use](https://www.headlesslaw.com/definitions/ai-act/instructions-for-use.md) - [intended purpose](https://www.headlesslaw.com/definitions/ai-act/intended-purpose.md) - [law enforcement](https://www.headlesslaw.com/definitions/ai-act/law-enforcement.md) - [law enforcement authority](https://www.headlesslaw.com/definitions/ai-act/law-enforcement-authority.md) - [making available on the market](https://www.headlesslaw.com/definitions/ai-act/making-available-on-the-market.md) - [market surveillance authority](https://www.headlesslaw.com/definitions/ai-act/market-surveillance-authority.md) - [micro, small and medium-sized enterprise](https://www.headlesslaw.com/definitions/ai-act/micro-small-and-medium-sized-enterprise.md) - [national competent authority](https://www.headlesslaw.com/definitions/ai-act/national-competent-authority.md) - [non-personal data](https://www.headlesslaw.com/definitions/ai-act/non-personal-data.md) - [notified body](https://www.headlesslaw.com/definitions/ai-act/notified-body.md) - [notifying authority](https://www.headlesslaw.com/definitions/ai-act/notifying-authority.md) - [operator](https://www.headlesslaw.com/definitions/ai-act/operator.md) - [performance of an AI system](https://www.headlesslaw.com/definitions/ai-act/performance-of-an-ai-system.md) - [personal data](https://www.headlesslaw.com/definitions/ai-act/personal-data.md) - [placing on the market](https://www.headlesslaw.com/definitions/ai-act/placing-on-the-market.md) - [post-market monitoring system](https://www.headlesslaw.com/definitions/ai-act/post-market-monitoring-system.md) - [post-remote biometric identification system](https://www.headlesslaw.com/definitions/ai-act/post-remote-biometric-identification-system.md) - [profiling](https://www.headlesslaw.com/definitions/ai-act/profiling.md) - [provider](https://www.headlesslaw.com/definitions/ai-act/provider.md) - [publicly accessible space](https://www.headlesslaw.com/definitions/ai-act/publicly-accessible-space.md) - [putting into service](https://www.headlesslaw.com/definitions/ai-act/putting-into-service.md) - [real-time remote biometric identification system](https://www.headlesslaw.com/definitions/ai-act/real-time-remote-biometric-identification-system.md) - [real-world testing plan](https://www.headlesslaw.com/definitions/ai-act/real-world-testing-plan.md) - [reasonably foreseeable misuse](https://www.headlesslaw.com/definitions/ai-act/reasonably-foreseeable-misuse.md) - [recall of an AI system](https://www.headlesslaw.com/definitions/ai-act/recall-of-an-ai-system.md) - [remote biometric identification system](https://www.headlesslaw.com/definitions/ai-act/remote-biometric-identification-system.md) - [risk](https://www.headlesslaw.com/definitions/ai-act/risk.md) - [safety component](https://www.headlesslaw.com/definitions/ai-act/safety-component.md) - [sandbox plan](https://www.headlesslaw.com/definitions/ai-act/sandbox-plan.md) - [sensitive operational data](https://www.headlesslaw.com/definitions/ai-act/sensitive-operational-data.md) - [serious incident](https://www.headlesslaw.com/definitions/ai-act/serious-incident.md) - [small mid-cap enterprise](https://www.headlesslaw.com/definitions/ai-act/small-mid-cap-enterprise.md) - [special categories of personal data](https://www.headlesslaw.com/definitions/ai-act/special-categories-of-personal-data.md) - [subject](https://www.headlesslaw.com/definitions/ai-act/subject.md) - [substantial modification](https://www.headlesslaw.com/definitions/ai-act/substantial-modification.md) - [systemic risk](https://www.headlesslaw.com/definitions/ai-act/systemic-risk.md) - [testing data](https://www.headlesslaw.com/definitions/ai-act/testing-data.md) - [testing in real-world conditions](https://www.headlesslaw.com/definitions/ai-act/testing-in-real-world-conditions.md) - [training data](https://www.headlesslaw.com/definitions/ai-act/training-data.md) - [validation data](https://www.headlesslaw.com/definitions/ai-act/validation-data.md) - [validation data set](https://www.headlesslaw.com/definitions/ai-act/validation-data-set.md) - [widespread infringement](https://www.headlesslaw.com/definitions/ai-act/widespread-infringement.md) - [withdrawal of an AI system](https://www.headlesslaw.com/definitions/ai-act/withdrawal-of-an-ai-system.md) - [AIFMD Definitions](https://www.headlesslaw.com/definitions/aifmd.md): Definitions imported from Directive 2011/61/EU where they support MiCA references. - [alternative investment fund](https://www.headlesslaw.com/definitions/aifmd/alternative-investment-fund.md) - [alternative investment fund manager](https://www.headlesslaw.com/definitions/aifmd/alternative-investment-fund-manager.md) - [AMLA Definitions](https://www.headlesslaw.com/definitions/amla.md): Definitions from Regulation (EU) 2024/1620, Article 2. - [AML/CFT supervisory system](https://www.headlesslaw.com/definitions/amla/aml-cft-supervisory-system.md) - [non-AML/CFT authority](https://www.headlesslaw.com/definitions/amla/non-aml-cft-authority.md) - [non-selected obliged entity](https://www.headlesslaw.com/definitions/amla/non-selected-obliged-entity.md) - [selected obliged entity](https://www.headlesslaw.com/definitions/amla/selected-obliged-entity.md) - [AMLD6 Definitions](https://www.headlesslaw.com/definitions/amld6.md): Definitions from Directive (EU) 2024/1640, Article 2. - [AML/CFT supervisory college](https://www.headlesslaw.com/definitions/amld6/aml-cft-supervisory-college.md) - [customs authorities](https://www.headlesslaw.com/definitions/amld6/customs-authorities.md) - [draft national measure](https://www.headlesslaw.com/definitions/amld6/draft-national-measure.md) - [financial supervisor](https://www.headlesslaw.com/definitions/amld6/financial-supervisor.md) - [home Member State](https://www.headlesslaw.com/definitions/amld6/home-member-state.md) - [host Member State](https://www.headlesslaw.com/definitions/amld6/host-member-state.md) - [non-financial sector](https://www.headlesslaw.com/definitions/amld6/non-financial-sector.md) - [non-financial supervisor](https://www.headlesslaw.com/definitions/amld6/non-financial-supervisor.md) - [obliged entity](https://www.headlesslaw.com/definitions/amld6/obliged-entity.md) - [securities](https://www.headlesslaw.com/definitions/amld6/securities.md) - [securities account](https://www.headlesslaw.com/definitions/amld6/securities-account.md) - [AMLR Definitions](https://www.headlesslaw.com/definitions/amlr.md): Definitions from Regulation (EU) 2024/1624, Article 2. - [anonymity-enhancing coins](https://www.headlesslaw.com/definitions/amlr/anonymity-enhancing-coins.md) - [basic information](https://www.headlesslaw.com/definitions/amlr/basic-information.md) - [beneficial owner](https://www.headlesslaw.com/definitions/amlr/beneficial-owner.md) - [business relationship](https://www.headlesslaw.com/definitions/amlr/business-relationship.md) - [cash](https://www.headlesslaw.com/definitions/amlr/cash.md) - [competent authority](https://www.headlesslaw.com/definitions/amlr/competent-authority.md) - [correspondent relationship](https://www.headlesslaw.com/definitions/amlr/correspondent-relationship.md) - [credit institution](https://www.headlesslaw.com/definitions/amlr/credit-institution.md) - [criminal activity](https://www.headlesslaw.com/definitions/amlr/criminal-activity.md) - [crowdfunding intermediary](https://www.headlesslaw.com/definitions/amlr/crowdfunding-intermediary.md) - [crowdfunding service provider](https://www.headlesslaw.com/definitions/amlr/crowdfunding-service-provider.md) - [crypto-asset](https://www.headlesslaw.com/definitions/amlr/crypto-asset.md) - [crypto-asset account](https://www.headlesslaw.com/definitions/amlr/crypto-asset-account.md) - [crypto-asset service provider](https://www.headlesslaw.com/definitions/amlr/crypto-asset-service-provider.md) - [crypto-asset services](https://www.headlesslaw.com/definitions/amlr/crypto-asset-services.md) - [cultural goods](https://www.headlesslaw.com/definitions/amlr/cultural-goods.md) - [default taker](https://www.headlesslaw.com/definitions/amlr/default-taker.md) - [electronic money](https://www.headlesslaw.com/definitions/amlr/electronic-money.md) - [establishment](https://www.headlesslaw.com/definitions/amlr/establishment.md) - [express trust](https://www.headlesslaw.com/definitions/amlr/express-trust.md) - [family member](https://www.headlesslaw.com/definitions/amlr/family-member.md) - [financial institution](https://www.headlesslaw.com/definitions/amlr/financial-institution.md) - [financial mixed activity holding company](https://www.headlesslaw.com/definitions/amlr/financial-mixed-activity-holding-company.md) - [football agent](https://www.headlesslaw.com/definitions/amlr/football-agent.md) - [funds](https://www.headlesslaw.com/definitions/amlr/funds.md) - [funds or other assets](https://www.headlesslaw.com/definitions/amlr/funds-or-other-assets.md) - [gambling service](https://www.headlesslaw.com/definitions/amlr/gambling-service.md) - [group](https://www.headlesslaw.com/definitions/amlr/group.md) - [high-value goods](https://www.headlesslaw.com/definitions/amlr/high-value-goods.md) - [legal arrangement](https://www.headlesslaw.com/definitions/amlr/legal-arrangement.md) - [Legal Entity Identifier](https://www.headlesslaw.com/definitions/amlr/legal-entity-identifier.md) - [linked transactions](https://www.headlesslaw.com/definitions/amlr/linked-transactions.md) - [management body](https://www.headlesslaw.com/definitions/amlr/management-body.md) - [management body in its management function](https://www.headlesslaw.com/definitions/amlr/management-body-in-its-management-function.md) - [management body in its supervisory function](https://www.headlesslaw.com/definitions/amlr/management-body-in-its-supervisory-function.md) - [money laundering](https://www.headlesslaw.com/definitions/amlr/money-laundering.md) - [non-financial mixed activity holding company](https://www.headlesslaw.com/definitions/amlr/non-financial-mixed-activity-holding-company.md) - [objects of a power](https://www.headlesslaw.com/definitions/amlr/objects-of-a-power.md) - [parent undertaking](https://www.headlesslaw.com/definitions/amlr/parent-undertaking.md) - [partnership for information sharing](https://www.headlesslaw.com/definitions/amlr/partnership-for-information-sharing.md) - [person known to be a close associate](https://www.headlesslaw.com/definitions/amlr/person-known-to-be-a-close-associate.md) - [politically exposed person](https://www.headlesslaw.com/definitions/amlr/politically-exposed-person.md) - [precious metals and stones](https://www.headlesslaw.com/definitions/amlr/precious-metals-and-stones.md) - [professional football club](https://www.headlesslaw.com/definitions/amlr/professional-football-club.md) - [self-hosted address](https://www.headlesslaw.com/definitions/amlr/self-hosted-address.md) - [self-regulatory body](https://www.headlesslaw.com/definitions/amlr/self-regulatory-body.md) - [senior management](https://www.headlesslaw.com/definitions/amlr/senior-management.md) - [shell institution](https://www.headlesslaw.com/definitions/amlr/shell-institution.md) - [supervisor](https://www.headlesslaw.com/definitions/amlr/supervisor.md) - [supervisory authority](https://www.headlesslaw.com/definitions/amlr/supervisory-authority.md) - [targeted financial sanctions](https://www.headlesslaw.com/definitions/amlr/targeted-financial-sanctions.md) - [terrorist financing](https://www.headlesslaw.com/definitions/amlr/terrorist-financing.md) - [third country](https://www.headlesslaw.com/definitions/amlr/third-country.md) - [trust or company service provider](https://www.headlesslaw.com/definitions/amlr/trust-or-company-service-provider.md) - [UN financial sanctions](https://www.headlesslaw.com/definitions/amlr/un-financial-sanctions.md) - [UN financial sanctions relating to proliferation financing](https://www.headlesslaw.com/definitions/amlr/un-financial-sanctions-relating-to-proliferation-financing.md) - [virtual IBAN](https://www.headlesslaw.com/definitions/amlr/virtual-iban.md) - [CRA Definitions](https://www.headlesslaw.com/definitions/cra.md): Definitions from Regulation (EU) 2024/2847, Article 3. - [actively exploited vulnerability](https://www.headlesslaw.com/definitions/cra/actively-exploited-vulnerability.md) - [authorised representative](https://www.headlesslaw.com/definitions/cra/authorised-representative.md) - [CE marking](https://www.headlesslaw.com/definitions/cra/ce-marking.md) - [component](https://www.headlesslaw.com/definitions/cra/component.md) - [conformity assessment](https://www.headlesslaw.com/definitions/cra/conformity-assessment.md) - [conformity assessment body](https://www.headlesslaw.com/definitions/cra/conformity-assessment-body.md) - [consumer](https://www.headlesslaw.com/definitions/cra/consumer.md) - [CSIRT designated as coordinator](https://www.headlesslaw.com/definitions/cra/csirt-designated-as-coordinator.md) - [cyber threat](https://www.headlesslaw.com/definitions/cra/cyber-threat.md) - [cybersecurity](https://www.headlesslaw.com/definitions/cra/cybersecurity.md) - [cybersecurity risk](https://www.headlesslaw.com/definitions/cra/cybersecurity-risk.md) - [distributor](https://www.headlesslaw.com/definitions/cra/distributor.md) - [economic operator](https://www.headlesslaw.com/definitions/cra/economic-operator.md) - [electronic information system](https://www.headlesslaw.com/definitions/cra/electronic-information-system.md) - [end-point](https://www.headlesslaw.com/definitions/cra/end-point.md) - [European standard](https://www.headlesslaw.com/definitions/cra/european-standard.md) - [exploitable vulnerability](https://www.headlesslaw.com/definitions/cra/exploitable-vulnerability.md) - [free and open-source software](https://www.headlesslaw.com/definitions/cra/free-and-open-source-software.md) - [hardware](https://www.headlesslaw.com/definitions/cra/hardware.md) - [harmonised standard](https://www.headlesslaw.com/definitions/cra/harmonised-standard.md) - [importer](https://www.headlesslaw.com/definitions/cra/importer.md) - [incident](https://www.headlesslaw.com/definitions/cra/incident.md) - [incident having an impact on the security of the product with digital elements](https://www.headlesslaw.com/definitions/cra/incident-having-an-impact-on-the-security-of-the-product-with-digital-elements.md) - [indirect connection](https://www.headlesslaw.com/definitions/cra/indirect-connection.md) - [intended purpose](https://www.headlesslaw.com/definitions/cra/intended-purpose.md) - [international standard](https://www.headlesslaw.com/definitions/cra/international-standard.md) - [logical connection](https://www.headlesslaw.com/definitions/cra/logical-connection.md) - [making available on the market](https://www.headlesslaw.com/definitions/cra/making-available-on-the-market.md) - [manufacturer](https://www.headlesslaw.com/definitions/cra/manufacturer.md) - [market surveillance authority](https://www.headlesslaw.com/definitions/cra/market-surveillance-authority.md) - [microenterprises](https://www.headlesslaw.com/definitions/cra/microenterprises.md) - [near miss](https://www.headlesslaw.com/definitions/cra/near-miss.md) - [notified body](https://www.headlesslaw.com/definitions/cra/notified-body.md) - [notifying authority](https://www.headlesslaw.com/definitions/cra/notifying-authority.md) - [open-source software steward](https://www.headlesslaw.com/definitions/cra/open-source-software-steward.md) - [personal data](https://www.headlesslaw.com/definitions/cra/personal-data.md) - [physical connection](https://www.headlesslaw.com/definitions/cra/physical-connection.md) - [placing on the market](https://www.headlesslaw.com/definitions/cra/placing-on-the-market.md) - [product with digital elements](https://www.headlesslaw.com/definitions/cra/product-with-digital-elements.md) - [reasonably foreseeable misuse](https://www.headlesslaw.com/definitions/cra/reasonably-foreseeable-misuse.md) - [reasonably foreseeable use](https://www.headlesslaw.com/definitions/cra/reasonably-foreseeable-use.md) - [recall](https://www.headlesslaw.com/definitions/cra/recall.md) - [remote data processing](https://www.headlesslaw.com/definitions/cra/remote-data-processing.md) - [significant cybersecurity risk](https://www.headlesslaw.com/definitions/cra/significant-cybersecurity-risk.md) - [software](https://www.headlesslaw.com/definitions/cra/software.md) - [software bill of materials](https://www.headlesslaw.com/definitions/cra/software-bill-of-materials.md) - [substantial modification](https://www.headlesslaw.com/definitions/cra/substantial-modification.md) - [support period](https://www.headlesslaw.com/definitions/cra/support-period.md) - [Union harmonisation legislation](https://www.headlesslaw.com/definitions/cra/union-harmonisation-legislation.md) - [vulnerability](https://www.headlesslaw.com/definitions/cra/vulnerability.md) - [withdrawal](https://www.headlesslaw.com/definitions/cra/withdrawal.md) - [CRR Definitions](https://www.headlesslaw.com/definitions/crr.md): Definitions imported from Regulation (EU) No 575/2013 where they support MiCA references. - [credit institution](https://www.headlesslaw.com/definitions/crr/credit-institution.md) - [investment firm](https://www.headlesslaw.com/definitions/crr/investment-firm.md) - [Data Act Definitions](https://www.headlesslaw.com/definitions/data-act.md): Definitions from Regulation (EU) 2023/2854, Article 2. - [common specifications](https://www.headlesslaw.com/definitions/data-act/common-specifications.md) - [connected product](https://www.headlesslaw.com/definitions/data-act/connected-product.md) - [consumer](https://www.headlesslaw.com/definitions/data-act/consumer.md) - [customer](https://www.headlesslaw.com/definitions/data-act/customer.md) - [data](https://www.headlesslaw.com/definitions/data-act/data.md) - [data egress charges](https://www.headlesslaw.com/definitions/data-act/data-egress-charges.md) - [data holder](https://www.headlesslaw.com/definitions/data-act/data-holder.md) - [data intermediation service](https://www.headlesslaw.com/definitions/data-act/data-intermediation-service.md) - [data processing service](https://www.headlesslaw.com/definitions/data-act/data-processing-service.md) - [data recipient](https://www.headlesslaw.com/definitions/data-act/data-recipient.md) - [data subject](https://www.headlesslaw.com/definitions/data-act/data-subject.md) - [digital assets](https://www.headlesslaw.com/definitions/data-act/digital-assets.md) - [enterprise](https://www.headlesslaw.com/definitions/data-act/enterprise.md) - [exportable data](https://www.headlesslaw.com/definitions/data-act/exportable-data.md) - [functional equivalence](https://www.headlesslaw.com/definitions/data-act/functional-equivalence.md) - [harmonised standard](https://www.headlesslaw.com/definitions/data-act/harmonised-standard.md) - [interoperability](https://www.headlesslaw.com/definitions/data-act/interoperability.md) - [making available on the market](https://www.headlesslaw.com/definitions/data-act/making-available-on-the-market.md) - [metadata](https://www.headlesslaw.com/definitions/data-act/metadata.md) - [microenterprise](https://www.headlesslaw.com/definitions/data-act/microenterprise.md) - [non-personal data](https://www.headlesslaw.com/definitions/data-act/non-personal-data.md) - [on-premises ICT infrastructure](https://www.headlesslaw.com/definitions/data-act/on-premises-ict-infrastructure.md) - [open interoperability specification](https://www.headlesslaw.com/definitions/data-act/open-interoperability-specification.md) - [personal data](https://www.headlesslaw.com/definitions/data-act/personal-data.md) - [placing on the market](https://www.headlesslaw.com/definitions/data-act/placing-on-the-market.md) - [processing](https://www.headlesslaw.com/definitions/data-act/processing.md) - [product data](https://www.headlesslaw.com/definitions/data-act/product-data.md) - [profiling](https://www.headlesslaw.com/definitions/data-act/profiling.md) - [public emergency](https://www.headlesslaw.com/definitions/data-act/public-emergency.md) - [public sector body](https://www.headlesslaw.com/definitions/data-act/public-sector-body.md) - [readily available data](https://www.headlesslaw.com/definitions/data-act/readily-available-data.md) - [related service](https://www.headlesslaw.com/definitions/data-act/related-service.md) - [related service data](https://www.headlesslaw.com/definitions/data-act/related-service-data.md) - [same service type](https://www.headlesslaw.com/definitions/data-act/same-service-type.md) - [small enterprise](https://www.headlesslaw.com/definitions/data-act/small-enterprise.md) - [smart contract](https://www.headlesslaw.com/definitions/data-act/smart-contract.md) - [switching](https://www.headlesslaw.com/definitions/data-act/switching.md) - [switching charges](https://www.headlesslaw.com/definitions/data-act/switching-charges.md) - [trade secret](https://www.headlesslaw.com/definitions/data-act/trade-secret.md) - [trade secret holder](https://www.headlesslaw.com/definitions/data-act/trade-secret-holder.md) - [Union bodies](https://www.headlesslaw.com/definitions/data-act/union-bodies.md) - [user](https://www.headlesslaw.com/definitions/data-act/user.md) - [virtual assistants](https://www.headlesslaw.com/definitions/data-act/virtual-assistants.md) - [DGSD Definitions](https://www.headlesslaw.com/definitions/dgsd.md): Definitions imported from Directive 2014/49/EU where they support MiCA references. - [deposit](https://www.headlesslaw.com/definitions/dgsd/deposit.md) - [DLTR Definitions](https://www.headlesslaw.com/definitions/dlt-pilot.md): Definitions from Regulation (EU) 2022/858, Article 2. - [business day](https://www.headlesslaw.com/definitions/dlt-pilot/business-day.md) - [central securities depository](https://www.headlesslaw.com/definitions/dlt-pilot/central-securities-depository.md) - [competent authority](https://www.headlesslaw.com/definitions/dlt-pilot/competent-authority.md) - [consensus mechanism](https://www.headlesslaw.com/definitions/dlt-pilot/consensus-mechanism.md) - [credit institution](https://www.headlesslaw.com/definitions/dlt-pilot/credit-institution.md) - [delivery versus payment](https://www.headlesslaw.com/definitions/dlt-pilot/delivery-versus-payment.md) - [distributed ledger](https://www.headlesslaw.com/definitions/dlt-pilot/distributed-ledger.md) - [distributed ledger technology](https://www.headlesslaw.com/definitions/dlt-pilot/distributed-ledger-technology.md) - [DLT financial instrument](https://www.headlesslaw.com/definitions/dlt-pilot/dlt-financial-instrument.md) - [DLT market infrastructure](https://www.headlesslaw.com/definitions/dlt-pilot/dlt-market-infrastructure.md) - [DLT multilateral trading facility](https://www.headlesslaw.com/definitions/dlt-pilot/dlt-multilateral-trading-facility.md) - [DLT network node](https://www.headlesslaw.com/definitions/dlt-pilot/dlt-network-node.md) - [DLT settlement system](https://www.headlesslaw.com/definitions/dlt-pilot/dlt-settlement-system.md) - [DLT trading and settlement system](https://www.headlesslaw.com/definitions/dlt-pilot/dlt-trading-and-settlement-system.md) - [financial instrument](https://www.headlesslaw.com/definitions/dlt-pilot/financial-instrument.md) - [investment firm](https://www.headlesslaw.com/definitions/dlt-pilot/investment-firm.md) - [market operator](https://www.headlesslaw.com/definitions/dlt-pilot/market-operator.md) - [multilateral trading facility](https://www.headlesslaw.com/definitions/dlt-pilot/multilateral-trading-facility.md) - [securities settlement system](https://www.headlesslaw.com/definitions/dlt-pilot/securities-settlement-system.md) - [settlement](https://www.headlesslaw.com/definitions/dlt-pilot/settlement.md) - [settlement fail](https://www.headlesslaw.com/definitions/dlt-pilot/settlement-fail.md) - [DORA Definitions](https://www.headlesslaw.com/definitions/dora.md): Regulation (EU) 2022/2554 - [account information service provider](https://www.headlesslaw.com/definitions/dora/account-information-service-provider.md) - [administrator of critical benchmarks](https://www.headlesslaw.com/definitions/dora/administrator-of-critical-benchmarks.md) - [ancillary insurance intermediary](https://www.headlesslaw.com/definitions/dora/ancillary-insurance-intermediary.md) - [central counterparty](https://www.headlesslaw.com/definitions/dora/central-counterparty.md) - [central securities depository](https://www.headlesslaw.com/definitions/dora/central-securities-depository.md) - [credit institution](https://www.headlesslaw.com/definitions/dora/credit-institution.md) - [credit rating agency](https://www.headlesslaw.com/definitions/dora/credit-rating-agency.md) - [critical ICT third-party service provider](https://www.headlesslaw.com/definitions/dora/critical-ict-third-party-service-provider.md) - [critical or important function](https://www.headlesslaw.com/definitions/dora/critical-or-important-function.md) - [crowdfunding service provider](https://www.headlesslaw.com/definitions/dora/crowdfunding-service-provider.md) - [crypto-asset service provider](https://www.headlesslaw.com/definitions/dora/crypto-asset-service-provider.md) - [cyber threat](https://www.headlesslaw.com/definitions/dora/cyber-threat.md) - [cyber-attack](https://www.headlesslaw.com/definitions/dora/cyber-attack.md) - [data reporting service provider](https://www.headlesslaw.com/definitions/dora/data-reporting-service-provider.md) - [digital operational resilience](https://www.headlesslaw.com/definitions/dora/digital-operational-resilience.md) - [electronic money institution](https://www.headlesslaw.com/definitions/dora/electronic-money-institution.md) - [electronic money institution exempted pursuant to Directive 2009/110/EC](https://www.headlesslaw.com/definitions/dora/electronic-money-institution-exempted-pursuant-to-directive-2009-110-ec.md) - [group](https://www.headlesslaw.com/definitions/dora/group.md) - [ICT asset](https://www.headlesslaw.com/definitions/dora/ict-asset.md) - [ICT concentration risk](https://www.headlesslaw.com/definitions/dora/ict-concentration-risk.md) - [ICT intra-group service provider](https://www.headlesslaw.com/definitions/dora/ict-intra-group-service-provider.md) - [ICT risk](https://www.headlesslaw.com/definitions/dora/ict-risk.md) - [ICT services](https://www.headlesslaw.com/definitions/dora/ict-services.md) - [ICT subcontractor established in a third country](https://www.headlesslaw.com/definitions/dora/ict-subcontractor-established-in-a-third-country.md) - [ICT third-party risk](https://www.headlesslaw.com/definitions/dora/ict-third-party-risk.md) - [ICT third-party service provider](https://www.headlesslaw.com/definitions/dora/ict-third-party-service-provider.md) - [ICT third-party service provider established in a third country](https://www.headlesslaw.com/definitions/dora/ict-third-party-service-provider-established-in-a-third-country.md) - [ICT-related incident](https://www.headlesslaw.com/definitions/dora/ict-related-incident.md) - [information asset](https://www.headlesslaw.com/definitions/dora/information-asset.md) - [institution exempted pursuant to Directive 2013/36/EU](https://www.headlesslaw.com/definitions/dora/institution-exempted-pursuant-to-directive-2013-36-eu.md) - [institution for occupational retirement provision](https://www.headlesslaw.com/definitions/dora/institution-for-occupational-retirement-provision.md) - [insurance intermediary](https://www.headlesslaw.com/definitions/dora/insurance-intermediary.md) - [insurance undertaking](https://www.headlesslaw.com/definitions/dora/insurance-undertaking.md) - [investment firm](https://www.headlesslaw.com/definitions/dora/investment-firm.md) - [issuer of asset-referenced tokens](https://www.headlesslaw.com/definitions/dora/issuer-of-asset-referenced-tokens.md) - [Joint Committee](https://www.headlesslaw.com/definitions/dora/joint-committee.md) - [Lead Overseer](https://www.headlesslaw.com/definitions/dora/lead-overseer.md) - [legacy ICT system](https://www.headlesslaw.com/definitions/dora/legacy-ict-system.md) - [major ICT-related incident](https://www.headlesslaw.com/definitions/dora/major-ict-related-incident.md) - [major operational or security payment-related incident](https://www.headlesslaw.com/definitions/dora/major-operational-or-security-payment-related-incident.md) - [management body](https://www.headlesslaw.com/definitions/dora/management-body.md) - [management company](https://www.headlesslaw.com/definitions/dora/management-company.md) - [manager of alternative investment funds](https://www.headlesslaw.com/definitions/dora/manager-of-alternative-investment-funds.md) - [medium-sized enterprise](https://www.headlesslaw.com/definitions/dora/medium-sized-enterprise.md) - [microenterprise](https://www.headlesslaw.com/definitions/dora/microenterprise.md) - [network and information system](https://www.headlesslaw.com/definitions/dora/network-and-information-system.md) - [operational or security payment-related incident](https://www.headlesslaw.com/definitions/dora/operational-or-security-payment-related-incident.md) - [parent undertaking](https://www.headlesslaw.com/definitions/dora/parent-undertaking.md) - [payment institution](https://www.headlesslaw.com/definitions/dora/payment-institution.md) - [payment institution exempted pursuant to Directive (EU) 2015/2366](https://www.headlesslaw.com/definitions/dora/payment-institution-exempted-pursuant-to-directive-eu-2015-2366.md) - [public authority](https://www.headlesslaw.com/definitions/dora/public-authority.md) - [reinsurance intermediary](https://www.headlesslaw.com/definitions/dora/reinsurance-intermediary.md) - [reinsurance undertaking](https://www.headlesslaw.com/definitions/dora/reinsurance-undertaking.md) - [securitisation repository](https://www.headlesslaw.com/definitions/dora/securitisation-repository.md) - [security of network and information systems](https://www.headlesslaw.com/definitions/dora/security-of-network-and-information-systems.md) - [significant cyber threat](https://www.headlesslaw.com/definitions/dora/significant-cyber-threat.md) - [small and non-interconnected investment firm](https://www.headlesslaw.com/definitions/dora/small-and-non-interconnected-investment-firm.md) - [small enterprise](https://www.headlesslaw.com/definitions/dora/small-enterprise.md) - [small institution for occupational retirement provision](https://www.headlesslaw.com/definitions/dora/small-institution-for-occupational-retirement-provision.md) - [subsidiary](https://www.headlesslaw.com/definitions/dora/subsidiary.md) - [threat intelligence](https://www.headlesslaw.com/definitions/dora/threat-intelligence.md) - [threat-led penetration testing (TLPT)](https://www.headlesslaw.com/definitions/dora/threat-led-penetration-testing-tlpt.md) - [trade repository](https://www.headlesslaw.com/definitions/dora/trade-repository.md) - [trading venue](https://www.headlesslaw.com/definitions/dora/trading-venue.md) - [vulnerability](https://www.headlesslaw.com/definitions/dora/vulnerability.md) - [DSA Definitions](https://www.headlesslaw.com/definitions/dsa.md): Definitions from Regulation (EU) 2022/2065, Article 3. - [active recipient of an online platform](https://www.headlesslaw.com/definitions/dsa/active-recipient-of-an-online-platform.md) - [active recipient of an online search engine](https://www.headlesslaw.com/definitions/dsa/active-recipient-of-an-online-search-engine.md) - [advertisement](https://www.headlesslaw.com/definitions/dsa/advertisement.md) - [commercial communication](https://www.headlesslaw.com/definitions/dsa/commercial-communication.md) - [consumer](https://www.headlesslaw.com/definitions/dsa/consumer.md) - [content moderation](https://www.headlesslaw.com/definitions/dsa/content-moderation.md) - [Digital Services Coordinator of destination](https://www.headlesslaw.com/definitions/dsa/digital-services-coordinator-of-destination.md) - [Digital Services Coordinator of establishment](https://www.headlesslaw.com/definitions/dsa/digital-services-coordinator-of-establishment.md) - [dissemination to the public](https://www.headlesslaw.com/definitions/dsa/dissemination-to-the-public.md) - [distance contract](https://www.headlesslaw.com/definitions/dsa/distance-contract.md) - [illegal content](https://www.headlesslaw.com/definitions/dsa/illegal-content.md) - [information society service](https://www.headlesslaw.com/definitions/dsa/information-society-service.md) - [intermediary service](https://www.headlesslaw.com/definitions/dsa/intermediary-service.md) - [online interface](https://www.headlesslaw.com/definitions/dsa/online-interface.md) - [online platform](https://www.headlesslaw.com/definitions/dsa/online-platform.md) - [online search engine](https://www.headlesslaw.com/definitions/dsa/online-search-engine.md) - [persons with disabilities](https://www.headlesslaw.com/definitions/dsa/persons-with-disabilities.md) - [recipient of the service](https://www.headlesslaw.com/definitions/dsa/recipient-of-the-service.md) - [recommender system](https://www.headlesslaw.com/definitions/dsa/recommender-system.md) - [substantial connection to the Union](https://www.headlesslaw.com/definitions/dsa/substantial-connection-to-the-union.md) - [terms and conditions](https://www.headlesslaw.com/definitions/dsa/terms-and-conditions.md) - [to offer services in the Union](https://www.headlesslaw.com/definitions/dsa/to-offer-services-in-the-union.md) - [trader](https://www.headlesslaw.com/definitions/dsa/trader.md) - [turnover](https://www.headlesslaw.com/definitions/dsa/turnover.md) - [EMD Definitions](https://www.headlesslaw.com/definitions/emd.md): Definitions from Directive 2009/110/EC, Article 2. - [average outstanding electronic money](https://www.headlesslaw.com/definitions/emd/average-outstanding-electronic-money.md) - [electronic money](https://www.headlesslaw.com/definitions/emd/electronic-money.md) - [electronic money institution](https://www.headlesslaw.com/definitions/emd/electronic-money-institution.md) - [electronic money issuer](https://www.headlesslaw.com/definitions/emd/electronic-money-issuer.md) - [EMIR Definitions](https://www.headlesslaw.com/definitions/emir.md): Definitions from Regulation (EU) No 648/2012, Article 2. - [ancillary services undertaking](https://www.headlesslaw.com/definitions/emir/ancillary-services-undertaking.md) - [board](https://www.headlesslaw.com/definitions/emir/board.md) - [capital](https://www.headlesslaw.com/definitions/emir/capital.md) - [CCP](https://www.headlesslaw.com/definitions/emir/ccp.md) - [class of derivatives](https://www.headlesslaw.com/definitions/emir/class-of-derivatives.md) - [clearing](https://www.headlesslaw.com/definitions/emir/clearing.md) - [clearing member](https://www.headlesslaw.com/definitions/emir/clearing-member.md) - [client](https://www.headlesslaw.com/definitions/emir/client.md) - [close links](https://www.headlesslaw.com/definitions/emir/close-links.md) - [competent authority](https://www.headlesslaw.com/definitions/emir/competent-authority.md) - [control](https://www.headlesslaw.com/definitions/emir/control.md) - [counterparty credit risk](https://www.headlesslaw.com/definitions/emir/counterparty-credit-risk.md) - [covered bond](https://www.headlesslaw.com/definitions/emir/covered-bond.md) - [covered bond entity](https://www.headlesslaw.com/definitions/emir/covered-bond-entity.md) - [derivative](https://www.headlesslaw.com/definitions/emir/derivative.md) - [financial counterparty](https://www.headlesslaw.com/definitions/emir/financial-counterparty.md) - [financial holding company](https://www.headlesslaw.com/definitions/emir/financial-holding-company.md) - [financial institution](https://www.headlesslaw.com/definitions/emir/financial-institution.md) - [group](https://www.headlesslaw.com/definitions/emir/group.md) - [independent member](https://www.headlesslaw.com/definitions/emir/independent-member.md) - [interoperability arrangement](https://www.headlesslaw.com/definitions/emir/interoperability-arrangement.md) - [non-financial counterparty](https://www.headlesslaw.com/definitions/emir/non-financial-counterparty.md) - [OTC derivative](https://www.headlesslaw.com/definitions/emir/otc-derivative.md) - [parent undertaking](https://www.headlesslaw.com/definitions/emir/parent-undertaking.md) - [pension scheme arrangement](https://www.headlesslaw.com/definitions/emir/pension-scheme-arrangement.md) - [qualifying holding](https://www.headlesslaw.com/definitions/emir/qualifying-holding.md) - [reserves](https://www.headlesslaw.com/definitions/emir/reserves.md) - [senior management](https://www.headlesslaw.com/definitions/emir/senior-management.md) - [subsidiary](https://www.headlesslaw.com/definitions/emir/subsidiary.md) - [trade repository](https://www.headlesslaw.com/definitions/emir/trade-repository.md) - [trading venue](https://www.headlesslaw.com/definitions/emir/trading-venue.md) - [ePrivacy Definitions](https://www.headlesslaw.com/definitions/eprivacy.md): Definitions from Directive 2002/58/EC, Article 2. - [call](https://www.headlesslaw.com/definitions/eprivacy/call.md) - [communication](https://www.headlesslaw.com/definitions/eprivacy/communication.md) - [consent](https://www.headlesslaw.com/definitions/eprivacy/consent.md) - [electronic mail](https://www.headlesslaw.com/definitions/eprivacy/electronic-mail.md) - [location data](https://www.headlesslaw.com/definitions/eprivacy/location-data.md) - [personal data breach](https://www.headlesslaw.com/definitions/eprivacy/personal-data-breach.md) - [traffic data](https://www.headlesslaw.com/definitions/eprivacy/traffic-data.md) - [user](https://www.headlesslaw.com/definitions/eprivacy/user.md) - [value added service](https://www.headlesslaw.com/definitions/eprivacy/value-added-service.md) - [GDPR Definitions](https://www.headlesslaw.com/definitions/gdpr.md): Definitions from Regulation (EU) 2016/679, Article 4. - [binding corporate rules](https://www.headlesslaw.com/definitions/gdpr/binding-corporate-rules.md) - [biometric data](https://www.headlesslaw.com/definitions/gdpr/biometric-data.md) - [consent of the data subject](https://www.headlesslaw.com/definitions/gdpr/consent-of-the-data-subject.md) - [controller](https://www.headlesslaw.com/definitions/gdpr/controller.md) - [cross-border processing](https://www.headlesslaw.com/definitions/gdpr/cross-border-processing.md) - [data concerning health](https://www.headlesslaw.com/definitions/gdpr/data-concerning-health.md) - [enterprise](https://www.headlesslaw.com/definitions/gdpr/enterprise.md) - [filing system](https://www.headlesslaw.com/definitions/gdpr/filing-system.md) - [genetic data](https://www.headlesslaw.com/definitions/gdpr/genetic-data.md) - [group of undertakings](https://www.headlesslaw.com/definitions/gdpr/group-of-undertakings.md) - [information society service](https://www.headlesslaw.com/definitions/gdpr/information-society-service.md) - [international organisation](https://www.headlesslaw.com/definitions/gdpr/international-organisation.md) - [main establishment](https://www.headlesslaw.com/definitions/gdpr/main-establishment.md) - [personal data](https://www.headlesslaw.com/definitions/gdpr/personal-data.md) - [personal data breach](https://www.headlesslaw.com/definitions/gdpr/personal-data-breach.md) - [processing](https://www.headlesslaw.com/definitions/gdpr/processing.md) - [processor](https://www.headlesslaw.com/definitions/gdpr/processor.md) - [profiling](https://www.headlesslaw.com/definitions/gdpr/profiling.md) - [pseudonymisation](https://www.headlesslaw.com/definitions/gdpr/pseudonymisation.md) - [recipient](https://www.headlesslaw.com/definitions/gdpr/recipient.md) - [relevant and reasoned objection](https://www.headlesslaw.com/definitions/gdpr/relevant-and-reasoned-objection.md) - [representative](https://www.headlesslaw.com/definitions/gdpr/representative.md) - [restriction of processing](https://www.headlesslaw.com/definitions/gdpr/restriction-of-processing.md) - [supervisory authority](https://www.headlesslaw.com/definitions/gdpr/supervisory-authority.md) - [supervisory authority concerned](https://www.headlesslaw.com/definitions/gdpr/supervisory-authority-concerned.md) - [third party](https://www.headlesslaw.com/definitions/gdpr/third-party.md) - [MAR Definitions](https://www.headlesslaw.com/definitions/mar.md): Definitions from Regulation (EU) No 596/2014, Article 3. - [accepted market practice](https://www.headlesslaw.com/definitions/mar/accepted-market-practice.md) - [algorithmic trading](https://www.headlesslaw.com/definitions/mar/algorithmic-trading.md) - [associated instruments](https://www.headlesslaw.com/definitions/mar/associated-instruments.md) - [benchmark](https://www.headlesslaw.com/definitions/mar/benchmark.md) - [buy-back programme](https://www.headlesslaw.com/definitions/mar/buy-back-programme.md) - [commodity](https://www.headlesslaw.com/definitions/mar/commodity.md) - [commodity derivatives](https://www.headlesslaw.com/definitions/mar/commodity-derivatives.md) - [competent authority](https://www.headlesslaw.com/definitions/mar/competent-authority.md) - [credit institution](https://www.headlesslaw.com/definitions/mar/credit-institution.md) - [data traffic records](https://www.headlesslaw.com/definitions/mar/data-traffic-records.md) - [disclosing market participant](https://www.headlesslaw.com/definitions/mar/disclosing-market-participant.md) - [emission allowance](https://www.headlesslaw.com/definitions/mar/emission-allowance.md) - [emission allowance market participant](https://www.headlesslaw.com/definitions/mar/emission-allowance-market-participant.md) - [financial institution](https://www.headlesslaw.com/definitions/mar/financial-institution.md) - [financial instrument](https://www.headlesslaw.com/definitions/mar/financial-instrument.md) - [high-frequency trading](https://www.headlesslaw.com/definitions/mar/high-frequency-trading.md) - [information recommending or suggesting an investment strategy](https://www.headlesslaw.com/definitions/mar/information-recommending-or-suggesting-an-investment-strategy.md) - [investment firm](https://www.headlesslaw.com/definitions/mar/investment-firm.md) - [investment recommendations](https://www.headlesslaw.com/definitions/mar/investment-recommendations.md) - [issuer](https://www.headlesslaw.com/definitions/mar/issuer.md) - [market maker](https://www.headlesslaw.com/definitions/mar/market-maker.md) - [market operator](https://www.headlesslaw.com/definitions/mar/market-operator.md) - [multilateral trading facility](https://www.headlesslaw.com/definitions/mar/multilateral-trading-facility.md) - [national regulatory authority](https://www.headlesslaw.com/definitions/mar/national-regulatory-authority.md) - [organised trading facility](https://www.headlesslaw.com/definitions/mar/organised-trading-facility.md) - [person](https://www.headlesslaw.com/definitions/mar/person.md) - [person closely associated](https://www.headlesslaw.com/definitions/mar/person-closely-associated.md) - [person discharging managerial responsibilities](https://www.headlesslaw.com/definitions/mar/person-discharging-managerial-responsibilities.md) - [person professionally arranging or executing transactions](https://www.headlesslaw.com/definitions/mar/person-professionally-arranging-or-executing-transactions.md) - [regulated market](https://www.headlesslaw.com/definitions/mar/regulated-market.md) - [securities](https://www.headlesslaw.com/definitions/mar/securities.md) - [significant distribution](https://www.headlesslaw.com/definitions/mar/significant-distribution.md) - [SME growth market](https://www.headlesslaw.com/definitions/mar/sme-growth-market.md) - [spot commodity contract](https://www.headlesslaw.com/definitions/mar/spot-commodity-contract.md) - [spot market](https://www.headlesslaw.com/definitions/mar/spot-market.md) - [stabilisation](https://www.headlesslaw.com/definitions/mar/stabilisation.md) - [stake-building](https://www.headlesslaw.com/definitions/mar/stake-building.md) - [systematic internaliser](https://www.headlesslaw.com/definitions/mar/systematic-internaliser.md) - [trading venue](https://www.headlesslaw.com/definitions/mar/trading-venue.md) - [wholesale energy product](https://www.headlesslaw.com/definitions/mar/wholesale-energy-product.md) - [MiCA Definitions](https://www.headlesslaw.com/definitions/mica.md): Definitions extracted from MiCA Article 3 and maintained as generated reference pages. - [alternative investment fund manager](https://www.headlesslaw.com/definitions/mica/alternative-investment-fund-manager.md) - [applicant issuer](https://www.headlesslaw.com/definitions/mica/applicant-issuer.md) - [asset-referenced token](https://www.headlesslaw.com/definitions/mica/asset-referenced-token.md) - [client](https://www.headlesslaw.com/definitions/mica/client.md) - [close links](https://www.headlesslaw.com/definitions/mica/close-links.md) - [competent authority](https://www.headlesslaw.com/definitions/mica/competent-authority.md) - [consensus mechanism](https://www.headlesslaw.com/definitions/mica/consensus-mechanism.md) - [credit institution](https://www.headlesslaw.com/definitions/mica/credit-institution.md) - [crypto-asset](https://www.headlesslaw.com/definitions/mica/crypto-asset.md) - [crypto-asset service](https://www.headlesslaw.com/definitions/mica/crypto-asset-service.md) - [crypto-asset service provider](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider.md) - [deposit](https://www.headlesslaw.com/definitions/mica/deposit.md) - [distributed ledger](https://www.headlesslaw.com/definitions/mica/distributed-ledger.md) - [distributed ledger technology](https://www.headlesslaw.com/definitions/mica/distributed-ledger-technology.md) - [DLT network node](https://www.headlesslaw.com/definitions/mica/dlt-network-node.md) - [electronic money](https://www.headlesslaw.com/definitions/mica/electronic-money.md) - [electronic money institution](https://www.headlesslaw.com/definitions/mica/electronic-money-institution.md) - [electronic money token](https://www.headlesslaw.com/definitions/mica/electronic-money-token.md) - [exchange of crypto-assets for funds](https://www.headlesslaw.com/definitions/mica/exchange-of-crypto-assets-for-funds.md) - [exchange of crypto-assets for other crypto-assets](https://www.headlesslaw.com/definitions/mica/exchange-of-crypto-assets-for-other-crypto-assets.md) - [execution of orders for crypto-assets on behalf of clients](https://www.headlesslaw.com/definitions/mica/execution-of-orders-for-crypto-assets-on-behalf-of-clients.md) - [financial instrument](https://www.headlesslaw.com/definitions/mica/financial-instrument.md) - [funds](https://www.headlesslaw.com/definitions/mica/funds.md) - [home Member State](https://www.headlesslaw.com/definitions/mica/home-member-state.md) - [host Member State](https://www.headlesslaw.com/definitions/mica/host-member-state.md) - [investment firm](https://www.headlesslaw.com/definitions/mica/investment-firm.md) - [issuer](https://www.headlesslaw.com/definitions/mica/issuer.md) - [management body](https://www.headlesslaw.com/definitions/mica/management-body.md) - [matched principal trading](https://www.headlesslaw.com/definitions/mica/matched-principal-trading.md) - [offer to the public](https://www.headlesslaw.com/definitions/mica/offer-to-the-public.md) - [offeror](https://www.headlesslaw.com/definitions/mica/offeror.md) - [official currency](https://www.headlesslaw.com/definitions/mica/official-currency.md) - [online interface](https://www.headlesslaw.com/definitions/mica/online-interface.md) - [operation of a trading platform for crypto-assets](https://www.headlesslaw.com/definitions/mica/operation-of-a-trading-platform-for-crypto-assets.md) - [payment institution](https://www.headlesslaw.com/definitions/mica/payment-institution.md) - [payment service provider](https://www.headlesslaw.com/definitions/mica/payment-service-provider.md) - [payment services](https://www.headlesslaw.com/definitions/mica/payment-services.md) - [personal data](https://www.headlesslaw.com/definitions/mica/personal-data.md) - [placing of crypto-assets](https://www.headlesslaw.com/definitions/mica/placing-of-crypto-assets.md) - [providing advice on crypto-assets](https://www.headlesslaw.com/definitions/mica/providing-advice-on-crypto-assets.md) - [providing custody and administration of crypto-assets on behalf of clients](https://www.headlesslaw.com/definitions/mica/providing-custody-and-administration-of-crypto-assets-on-behalf-of-clients.md) - [providing portfolio management of crypto-assets](https://www.headlesslaw.com/definitions/mica/providing-portfolio-management-of-crypto-assets.md) - [providing transfer services for crypto-assets on behalf of clients](https://www.headlesslaw.com/definitions/mica/providing-transfer-services-for-crypto-assets-on-behalf-of-clients.md) - [qualified investors](https://www.headlesslaw.com/definitions/mica/qualified-investors.md) - [qualifying holding](https://www.headlesslaw.com/definitions/mica/qualifying-holding.md) - [reception and transmission of orders for crypto-assets on behalf of clients](https://www.headlesslaw.com/definitions/mica/reception-and-transmission-of-orders-for-crypto-assets-on-behalf-of-clients.md) - [reserve of assets](https://www.headlesslaw.com/definitions/mica/reserve-of-assets.md) - [retail holder](https://www.headlesslaw.com/definitions/mica/retail-holder.md) - [structured deposit](https://www.headlesslaw.com/definitions/mica/structured-deposit.md) - [UCITS management company](https://www.headlesslaw.com/definitions/mica/ucits-management-company.md) - [utility token](https://www.headlesslaw.com/definitions/mica/utility-token.md) - [MiFID II Definitions](https://www.headlesslaw.com/definitions/mifid-ii.md): Definitions imported from Directive 2014/65/EU where they support MiCA references. - [agricultural commodity derivatives](https://www.headlesslaw.com/definitions/mifid-ii/agricultural-commodity-derivatives.md) - [algorithmic trading](https://www.headlesslaw.com/definitions/mifid-ii/algorithmic-trading.md) - [ancillary services](https://www.headlesslaw.com/definitions/mifid-ii/ancillary-services.md) - [branch](https://www.headlesslaw.com/definitions/mifid-ii/branch.md) - [C6 energy derivative contracts](https://www.headlesslaw.com/definitions/mifid-ii/c6-energy-derivative-contracts.md) - [CCP](https://www.headlesslaw.com/definitions/mifid-ii/ccp.md) - [central securities depository](https://www.headlesslaw.com/definitions/mifid-ii/central-securities-depository.md) - [certificates](https://www.headlesslaw.com/definitions/mifid-ii/certificates.md) - [client](https://www.headlesslaw.com/definitions/mifid-ii/client.md) - [close links](https://www.headlesslaw.com/definitions/mifid-ii/close-links.md) - [commodity derivatives](https://www.headlesslaw.com/definitions/mifid-ii/commodity-derivatives.md) - [competent authority](https://www.headlesslaw.com/definitions/mifid-ii/competent-authority.md) - [control](https://www.headlesslaw.com/definitions/mifid-ii/control.md) - [credit institution](https://www.headlesslaw.com/definitions/mifid-ii/credit-institution.md) - [cross-selling practice](https://www.headlesslaw.com/definitions/mifid-ii/cross-selling-practice.md) - [dealing on own account](https://www.headlesslaw.com/definitions/mifid-ii/dealing-on-own-account.md) - [depositary receipts](https://www.headlesslaw.com/definitions/mifid-ii/depositary-receipts.md) - [derivatives](https://www.headlesslaw.com/definitions/mifid-ii/derivatives.md) - [direct electronic access](https://www.headlesslaw.com/definitions/mifid-ii/direct-electronic-access.md) - [durable medium](https://www.headlesslaw.com/definitions/mifid-ii/durable-medium.md) - [electronic format](https://www.headlesslaw.com/definitions/mifid-ii/electronic-format.md) - [exchange-traded fund](https://www.headlesslaw.com/definitions/mifid-ii/exchange-traded-fund.md) - [execution of orders on behalf of clients](https://www.headlesslaw.com/definitions/mifid-ii/execution-of-orders-on-behalf-of-clients.md) - [financial instrument](https://www.headlesslaw.com/definitions/mifid-ii/financial-instrument.md) - [group](https://www.headlesslaw.com/definitions/mifid-ii/group.md) - [high-frequency algorithmic trading technique](https://www.headlesslaw.com/definitions/mifid-ii/high-frequency-algorithmic-trading-technique.md) - [home Member State](https://www.headlesslaw.com/definitions/mifid-ii/home-member-state.md) - [host Member State](https://www.headlesslaw.com/definitions/mifid-ii/host-member-state.md) - [investment advice](https://www.headlesslaw.com/definitions/mifid-ii/investment-advice.md) - [investment firm](https://www.headlesslaw.com/definitions/mifid-ii/investment-firm.md) - [investment services and activities](https://www.headlesslaw.com/definitions/mifid-ii/investment-services-and-activities.md) - [limit order](https://www.headlesslaw.com/definitions/mifid-ii/limit-order.md) - [liquid market](https://www.headlesslaw.com/definitions/mifid-ii/liquid-market.md) - [make-whole clause](https://www.headlesslaw.com/definitions/mifid-ii/make-whole-clause.md) - [management body](https://www.headlesslaw.com/definitions/mifid-ii/management-body.md) - [market maker](https://www.headlesslaw.com/definitions/mifid-ii/market-maker.md) - [market operator](https://www.headlesslaw.com/definitions/mifid-ii/market-operator.md) - [matched principal trading](https://www.headlesslaw.com/definitions/mifid-ii/matched-principal-trading.md) - [money-market instruments](https://www.headlesslaw.com/definitions/mifid-ii/money-market-instruments.md) - [multilateral system](https://www.headlesslaw.com/definitions/mifid-ii/multilateral-system.md) - [multilateral trading facility](https://www.headlesslaw.com/definitions/mifid-ii/multilateral-trading-facility.md) - [organised trading facility](https://www.headlesslaw.com/definitions/mifid-ii/organised-trading-facility.md) - [parent undertaking](https://www.headlesslaw.com/definitions/mifid-ii/parent-undertaking.md) - [portfolio management](https://www.headlesslaw.com/definitions/mifid-ii/portfolio-management.md) - [predominantly commercial group](https://www.headlesslaw.com/definitions/mifid-ii/predominantly-commercial-group.md) - [professional client](https://www.headlesslaw.com/definitions/mifid-ii/professional-client.md) - [qualified investors](https://www.headlesslaw.com/definitions/mifid-ii/qualified-investors.md) - [qualifying holding](https://www.headlesslaw.com/definitions/mifid-ii/qualifying-holding.md) - [regulated market](https://www.headlesslaw.com/definitions/mifid-ii/regulated-market.md) - [retail client](https://www.headlesslaw.com/definitions/mifid-ii/retail-client.md) - [senior management](https://www.headlesslaw.com/definitions/mifid-ii/senior-management.md) - [small and medium-sized enterprises](https://www.headlesslaw.com/definitions/mifid-ii/small-and-medium-sized-enterprises.md) - [SME growth market](https://www.headlesslaw.com/definitions/mifid-ii/sme-growth-market.md) - [sovereign debt](https://www.headlesslaw.com/definitions/mifid-ii/sovereign-debt.md) - [sovereign issuer](https://www.headlesslaw.com/definitions/mifid-ii/sovereign-issuer.md) - [structured deposit](https://www.headlesslaw.com/definitions/mifid-ii/structured-deposit.md) - [structured finance products](https://www.headlesslaw.com/definitions/mifid-ii/structured-finance-products.md) - [subsidiary](https://www.headlesslaw.com/definitions/mifid-ii/subsidiary.md) - [switching of financial instruments](https://www.headlesslaw.com/definitions/mifid-ii/switching-of-financial-instruments.md) - [systematic internaliser](https://www.headlesslaw.com/definitions/mifid-ii/systematic-internaliser.md) - [third-country firm](https://www.headlesslaw.com/definitions/mifid-ii/third-country-firm.md) - [tied agent](https://www.headlesslaw.com/definitions/mifid-ii/tied-agent.md) - [trading venue](https://www.headlesslaw.com/definitions/mifid-ii/trading-venue.md) - [transferable securities](https://www.headlesslaw.com/definitions/mifid-ii/transferable-securities.md) - [UCITS management company](https://www.headlesslaw.com/definitions/mifid-ii/ucits-management-company.md) - [wholesale energy product](https://www.headlesslaw.com/definitions/mifid-ii/wholesale-energy-product.md) - [MiFIR Definitions](https://www.headlesslaw.com/definitions/mifir.md): Definitions from Regulation (EU) No 600/2014, Article 2. - [actionable indication of interest](https://www.headlesslaw.com/definitions/mifir/actionable-indication-of-interest.md) - [agricultural commodity derivatives](https://www.headlesslaw.com/definitions/mifir/agricultural-commodity-derivatives.md) - [ancillary services](https://www.headlesslaw.com/definitions/mifir/ancillary-services.md) - [approved publication arrangement](https://www.headlesslaw.com/definitions/mifir/approved-publication-arrangement.md) - [approved reporting mechanism](https://www.headlesslaw.com/definitions/mifir/approved-reporting-mechanism.md) - [benchmark](https://www.headlesslaw.com/definitions/mifir/benchmark.md) - [branch](https://www.headlesslaw.com/definitions/mifir/branch.md) - [CCP](https://www.headlesslaw.com/definitions/mifir/ccp.md) - [certificates](https://www.headlesslaw.com/definitions/mifir/certificates.md) - [client](https://www.headlesslaw.com/definitions/mifir/client.md) - [close links](https://www.headlesslaw.com/definitions/mifir/close-links.md) - [commodity derivatives](https://www.headlesslaw.com/definitions/mifir/commodity-derivatives.md) - [competent authority](https://www.headlesslaw.com/definitions/mifir/competent-authority.md) - [consolidated tape provider](https://www.headlesslaw.com/definitions/mifir/consolidated-tape-provider.md) - [core market data](https://www.headlesslaw.com/definitions/mifir/core-market-data.md) - [credit institution](https://www.headlesslaw.com/definitions/mifir/credit-institution.md) - [data reporting services provider](https://www.headlesslaw.com/definitions/mifir/data-reporting-services-provider.md) - [dealing on own account](https://www.headlesslaw.com/definitions/mifir/dealing-on-own-account.md) - [depositary receipts](https://www.headlesslaw.com/definitions/mifir/depositary-receipts.md) - [derivatives](https://www.headlesslaw.com/definitions/mifir/derivatives.md) - [designated publishing entity](https://www.headlesslaw.com/definitions/mifir/designated-publishing-entity.md) - [exchange for physical](https://www.headlesslaw.com/definitions/mifir/exchange-for-physical.md) - [exchange-traded derivative](https://www.headlesslaw.com/definitions/mifir/exchange-traded-derivative.md) - [exchange-traded fund](https://www.headlesslaw.com/definitions/mifir/exchange-traded-fund.md) - [execution of orders on behalf of clients](https://www.headlesslaw.com/definitions/mifir/execution-of-orders-on-behalf-of-clients.md) - [financial instrument](https://www.headlesslaw.com/definitions/mifir/financial-instrument.md) - [home Member State](https://www.headlesslaw.com/definitions/mifir/home-member-state.md) - [host Member State](https://www.headlesslaw.com/definitions/mifir/host-member-state.md) - [interoperability arrangement](https://www.headlesslaw.com/definitions/mifir/interoperability-arrangement.md) - [investment firm](https://www.headlesslaw.com/definitions/mifir/investment-firm.md) - [investment services and activities](https://www.headlesslaw.com/definitions/mifir/investment-services-and-activities.md) - [liquid market](https://www.headlesslaw.com/definitions/mifir/liquid-market.md) - [liquidity fragmentation](https://www.headlesslaw.com/definitions/mifir/liquidity-fragmentation.md) - [management body](https://www.headlesslaw.com/definitions/mifir/management-body.md) - [market maker](https://www.headlesslaw.com/definitions/mifir/market-maker.md) - [market operator](https://www.headlesslaw.com/definitions/mifir/market-operator.md) - [multilateral system](https://www.headlesslaw.com/definitions/mifir/multilateral-system.md) - [multilateral trading facility](https://www.headlesslaw.com/definitions/mifir/multilateral-trading-facility.md) - [organised trading facility](https://www.headlesslaw.com/definitions/mifir/organised-trading-facility.md) - [OTC derivative](https://www.headlesslaw.com/definitions/mifir/otc-derivative.md) - [package order](https://www.headlesslaw.com/definitions/mifir/package-order.md) - [package transaction](https://www.headlesslaw.com/definitions/mifir/package-transaction.md) - [portfolio compression](https://www.headlesslaw.com/definitions/mifir/portfolio-compression.md) - [professional client](https://www.headlesslaw.com/definitions/mifir/professional-client.md) - [regulated market](https://www.headlesslaw.com/definitions/mifir/regulated-market.md) - [regulatory data](https://www.headlesslaw.com/definitions/mifir/regulatory-data.md) - [senior management](https://www.headlesslaw.com/definitions/mifir/senior-management.md) - [SME growth market](https://www.headlesslaw.com/definitions/mifir/sme-growth-market.md) - [sovereign debt](https://www.headlesslaw.com/definitions/mifir/sovereign-debt.md) - [structured deposit](https://www.headlesslaw.com/definitions/mifir/structured-deposit.md) - [structured finance products](https://www.headlesslaw.com/definitions/mifir/structured-finance-products.md) - [systematic internaliser](https://www.headlesslaw.com/definitions/mifir/systematic-internaliser.md) - [third-country financial institution](https://www.headlesslaw.com/definitions/mifir/third-country-financial-institution.md) - [third-country firm](https://www.headlesslaw.com/definitions/mifir/third-country-firm.md) - [trading venue](https://www.headlesslaw.com/definitions/mifir/trading-venue.md) - [transferable securities](https://www.headlesslaw.com/definitions/mifir/transferable-securities.md) - [wholesale energy product](https://www.headlesslaw.com/definitions/mifir/wholesale-energy-product.md) - [NIS2 Definitions](https://www.headlesslaw.com/definitions/nis2.md): Definitions from Directive (EU) 2022/2555, Article 6. - [cloud computing service](https://www.headlesslaw.com/definitions/nis2/cloud-computing-service.md) - [content delivery network](https://www.headlesslaw.com/definitions/nis2/content-delivery-network.md) - [cyber threat](https://www.headlesslaw.com/definitions/nis2/cyber-threat.md) - [cybersecurity](https://www.headlesslaw.com/definitions/nis2/cybersecurity.md) - [data centre service](https://www.headlesslaw.com/definitions/nis2/data-centre-service.md) - [digital service](https://www.headlesslaw.com/definitions/nis2/digital-service.md) - [DNS service provider](https://www.headlesslaw.com/definitions/nis2/dns-service-provider.md) - [domain name system or DNS](https://www.headlesslaw.com/definitions/nis2/domain-name-system-or-dns.md) - [electronic communications service](https://www.headlesslaw.com/definitions/nis2/electronic-communications-service.md) - [entity](https://www.headlesslaw.com/definitions/nis2/entity.md) - [entity providing domain name registration services](https://www.headlesslaw.com/definitions/nis2/entity-providing-domain-name-registration-services.md) - [ICT process](https://www.headlesslaw.com/definitions/nis2/ict-process.md) - [ICT product](https://www.headlesslaw.com/definitions/nis2/ict-product.md) - [ICT service](https://www.headlesslaw.com/definitions/nis2/ict-service.md) - [incident](https://www.headlesslaw.com/definitions/nis2/incident.md) - [incident handling](https://www.headlesslaw.com/definitions/nis2/incident-handling.md) - [internet exchange point](https://www.headlesslaw.com/definitions/nis2/internet-exchange-point.md) - [large-scale cybersecurity incident](https://www.headlesslaw.com/definitions/nis2/large-scale-cybersecurity-incident.md) - [managed security service provider](https://www.headlesslaw.com/definitions/nis2/managed-security-service-provider.md) - [managed service provider](https://www.headlesslaw.com/definitions/nis2/managed-service-provider.md) - [national cybersecurity strategy](https://www.headlesslaw.com/definitions/nis2/national-cybersecurity-strategy.md) - [near miss](https://www.headlesslaw.com/definitions/nis2/near-miss.md) - [network and information system](https://www.headlesslaw.com/definitions/nis2/network-and-information-system.md) - [online marketplace](https://www.headlesslaw.com/definitions/nis2/online-marketplace.md) - [online search engine](https://www.headlesslaw.com/definitions/nis2/online-search-engine.md) - [public administration entity](https://www.headlesslaw.com/definitions/nis2/public-administration-entity.md) - [public electronic communications network](https://www.headlesslaw.com/definitions/nis2/public-electronic-communications-network.md) - [qualified trust service](https://www.headlesslaw.com/definitions/nis2/qualified-trust-service.md) - [qualified trust service provider](https://www.headlesslaw.com/definitions/nis2/qualified-trust-service-provider.md) - [representative](https://www.headlesslaw.com/definitions/nis2/representative.md) - [research organisation](https://www.headlesslaw.com/definitions/nis2/research-organisation.md) - [risk](https://www.headlesslaw.com/definitions/nis2/risk.md) - [security of network and information systems](https://www.headlesslaw.com/definitions/nis2/security-of-network-and-information-systems.md) - [significant cyber threat](https://www.headlesslaw.com/definitions/nis2/significant-cyber-threat.md) - [social networking services platform](https://www.headlesslaw.com/definitions/nis2/social-networking-services-platform.md) - [standard](https://www.headlesslaw.com/definitions/nis2/standard.md) - [technical specification](https://www.headlesslaw.com/definitions/nis2/technical-specification.md) - [top-level domain name registry or TLD name registry](https://www.headlesslaw.com/definitions/nis2/top-level-domain-name-registry-or-tld-name-registry.md) - [trust service](https://www.headlesslaw.com/definitions/nis2/trust-service.md) - [trust service provider](https://www.headlesslaw.com/definitions/nis2/trust-service-provider.md) - [vulnerability](https://www.headlesslaw.com/definitions/nis2/vulnerability.md) - [PSD2 Definitions](https://www.headlesslaw.com/definitions/psd2.md): Definitions from Directive (EU) 2015/2366, Article 4. - [account information service](https://www.headlesslaw.com/definitions/psd2/account-information-service.md) - [account information service provider](https://www.headlesslaw.com/definitions/psd2/account-information-service-provider.md) - [account servicing payment service provider](https://www.headlesslaw.com/definitions/psd2/account-servicing-payment-service-provider.md) - [acquiring of payment transactions](https://www.headlesslaw.com/definitions/psd2/acquiring-of-payment-transactions.md) - [agent](https://www.headlesslaw.com/definitions/psd2/agent.md) - [authentication](https://www.headlesslaw.com/definitions/psd2/authentication.md) - [branch](https://www.headlesslaw.com/definitions/psd2/branch.md) - [business day](https://www.headlesslaw.com/definitions/psd2/business-day.md) - [co-badging](https://www.headlesslaw.com/definitions/psd2/co-badging.md) - [consumer](https://www.headlesslaw.com/definitions/psd2/consumer.md) - [credit transfer](https://www.headlesslaw.com/definitions/psd2/credit-transfer.md) - [digital content](https://www.headlesslaw.com/definitions/psd2/digital-content.md) - [direct debit](https://www.headlesslaw.com/definitions/psd2/direct-debit.md) - [durable medium](https://www.headlesslaw.com/definitions/psd2/durable-medium.md) - [electronic communications network](https://www.headlesslaw.com/definitions/psd2/electronic-communications-network.md) - [electronic communications service](https://www.headlesslaw.com/definitions/psd2/electronic-communications-service.md) - [framework contract](https://www.headlesslaw.com/definitions/psd2/framework-contract.md) - [funds](https://www.headlesslaw.com/definitions/psd2/funds.md) - [group](https://www.headlesslaw.com/definitions/psd2/group.md) - [home Member State](https://www.headlesslaw.com/definitions/psd2/home-member-state.md) - [host Member State](https://www.headlesslaw.com/definitions/psd2/host-member-state.md) - [issuing of payment instruments](https://www.headlesslaw.com/definitions/psd2/issuing-of-payment-instruments.md) - [means of distance communication](https://www.headlesslaw.com/definitions/psd2/means-of-distance-communication.md) - [microenterprise](https://www.headlesslaw.com/definitions/psd2/microenterprise.md) - [money remittance](https://www.headlesslaw.com/definitions/psd2/money-remittance.md) - [own funds](https://www.headlesslaw.com/definitions/psd2/own-funds.md) - [payee](https://www.headlesslaw.com/definitions/psd2/payee.md) - [payer](https://www.headlesslaw.com/definitions/psd2/payer.md) - [payment account](https://www.headlesslaw.com/definitions/psd2/payment-account.md) - [payment brand](https://www.headlesslaw.com/definitions/psd2/payment-brand.md) - [payment initiation service](https://www.headlesslaw.com/definitions/psd2/payment-initiation-service.md) - [payment initiation service provider](https://www.headlesslaw.com/definitions/psd2/payment-initiation-service-provider.md) - [payment institution](https://www.headlesslaw.com/definitions/psd2/payment-institution.md) - [payment instrument](https://www.headlesslaw.com/definitions/psd2/payment-instrument.md) - [payment order](https://www.headlesslaw.com/definitions/psd2/payment-order.md) - [payment service](https://www.headlesslaw.com/definitions/psd2/payment-services.md) - [payment service provider](https://www.headlesslaw.com/definitions/psd2/payment-service-provider.md) - [payment service user](https://www.headlesslaw.com/definitions/psd2/payment-service-user.md) - [payment system](https://www.headlesslaw.com/definitions/psd2/payment-system.md) - [payment transaction](https://www.headlesslaw.com/definitions/psd2/payment-transaction.md) - [personalised security credentials](https://www.headlesslaw.com/definitions/psd2/personalised-security-credentials.md) - [reference exchange rate](https://www.headlesslaw.com/definitions/psd2/reference-exchange-rate.md) - [reference interest rate](https://www.headlesslaw.com/definitions/psd2/reference-interest-rate.md) - [remote payment transaction](https://www.headlesslaw.com/definitions/psd2/remote-payment-transaction.md) - [sensitive payment data](https://www.headlesslaw.com/definitions/psd2/sensitive-payment-data.md) - [strong customer authentication](https://www.headlesslaw.com/definitions/psd2/strong-customer-authentication.md) - [unique identifier](https://www.headlesslaw.com/definitions/psd2/unique-identifier.md) - [value date](https://www.headlesslaw.com/definitions/psd2/value-date.md) - [ToFR Definitions](https://www.headlesslaw.com/definitions/tofr.md): Definitions extracted from ToFR Article 3 and maintained as generated reference pages. - [batch file transfer](https://www.headlesslaw.com/definitions/tofr/batch-file-transfer.md) - [beneficiary](https://www.headlesslaw.com/definitions/tofr/beneficiary.md) - [crypto-asset](https://www.headlesslaw.com/definitions/tofr/crypto-asset.md) - [crypto-asset account](https://www.headlesslaw.com/definitions/tofr/crypto-asset-account.md) - [crypto-asset automated teller machines](https://www.headlesslaw.com/definitions/tofr/crypto-asset-automated-teller-machines.md) - [crypto-asset service provider](https://www.headlesslaw.com/definitions/tofr/crypto-asset-service-provider.md) - [distributed ledger address](https://www.headlesslaw.com/definitions/tofr/distributed-ledger-address.md) - [distributed ledger technology](https://www.headlesslaw.com/definitions/tofr/distributed-ledger-technology.md) - [funds](https://www.headlesslaw.com/definitions/tofr/funds.md) - [intermediary crypto-asset service provider](https://www.headlesslaw.com/definitions/tofr/intermediary-crypto-asset-service-provider.md) - [intermediary payment service provider](https://www.headlesslaw.com/definitions/tofr/intermediary-payment-service-provider.md) - [legal entity identifier](https://www.headlesslaw.com/definitions/tofr/legal-entity-identifier.md) - [money laundering](https://www.headlesslaw.com/definitions/tofr/money-laundering.md) - [originator](https://www.headlesslaw.com/definitions/tofr/originator.md) - [payee](https://www.headlesslaw.com/definitions/tofr/payee.md) - [payer](https://www.headlesslaw.com/definitions/tofr/payer.md) - [payment account](https://www.headlesslaw.com/definitions/tofr/payment-account.md) - [payment service provider](https://www.headlesslaw.com/definitions/tofr/payment-service-provider.md) - [person-to-person transfer of crypto-assets](https://www.headlesslaw.com/definitions/tofr/person-to-person-transfer-of-crypto-assets.md) - [self-hosted address](https://www.headlesslaw.com/definitions/tofr/self-hosted-address.md) - [terrorist financing](https://www.headlesslaw.com/definitions/tofr/terrorist-financing.md) - [transfer of crypto-assets](https://www.headlesslaw.com/definitions/tofr/transfer-of-crypto-assets.md) - [transfer of funds](https://www.headlesslaw.com/definitions/tofr/transfer-of-funds.md) - [unique transaction identifier](https://www.headlesslaw.com/definitions/tofr/unique-transaction-identifier.md) - [UCITS Definitions](https://www.headlesslaw.com/definitions/ucits.md): Definitions imported from Directive 2009/65/EC where they support MiCA references. - [management company](https://www.headlesslaw.com/definitions/ucits/management-company.md) ## Home - [Welcome to headlesslaw](https://www.headlesslaw.com/readme.md): EU regulation as published in the Official Journal: one page per article, with the Level 2 and Level 3 instruments that implement it. - [What's new](https://www.headlesslaw.com/whats-new.md) - [Verification](https://www.headlesslaw.com/verification.md): Which pages have been compared word for word with their official source, and when. - [MCP server](https://www.headlesslaw.com/mcp.md): The site's Model Context Protocol endpoint: its address, how to add it, what it serves.