<!-- headlesslaw {"release":{"id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","published":"2026-11-01T16:41:30Z","pinned":false},"limits":{"coverage":{"history":"current_only","held_since":"2026-10-26","gaps":[],"covered":["2016/959 — ITS — Market soundings systems (ITS) [in force] L2"],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","release_published":"2026-11-01T16:41:30Z","checked_at":"2026-10-26","checked_against":"EUR-Lex"},"truncation":null,"failures":[],"incomplete":[]},"page":{"path":"/mar/level-2/its/2016-959-market-soundings-systems/articles/2","url":"https://www.headlesslaw.com/mar/level-2/its/2016-959-market-soundings-systems/articles/2","title":"Article 2 — Format for the record keeping of the written minutes or notes","family":"l2_unit_view","work_id":"spaces/mar/level-2/its/2016-959-market-soundings-systems","view_of":"/mar/level-2/its/2016-959-market-soundings-systems","status":"in_force","force_status":"in_force","date_state":"current","requested_date":null,"as_of":"2026-11-01","applies_from":null,"application":null,"version_label":"Commission Implementing Regulation (EU) 2016/959, OJ L 160, 17.6.2016","check":{"against":"EUR-Lex","on":"2026-10-26"},"check_result":"matched","official_url":"https://eur-lex.europa.eu/eli/reg_impl/2016/959/oj/eng","valid_from":"2016-06-18","valid_until":null,"content_id":"9c3eac014c5359ca","versions":["2016-06-18"],"version_url":"https://www.headlesslaw.com/mar/level-2/its/2016-959-market-soundings-systems/articles/2/versions/2026-10-26","revision_url":"https://www.headlesslaw.com/mar/level-2/its/2016-959-market-soundings-systems/articles/2/versions/2026-10-26/rev/9c3eac014c5359ca","versions_url":"https://www.headlesslaw.com/mar/level-2/its/2016-959-market-soundings-systems/articles/2/versions","relations_url":"https://www.headlesslaw.com/mar/level-2/its/2016-959-market-soundings-systems/articles/2/relations","act_url":"https://www.headlesslaw.com/mar/level-2/its/2016-959-market-soundings-systems#art-2","source_line":"Commission Implementing Regulation (EU) 2016/959 · binding · OJ L 160, 17.6.2016 · dated 17 May 2016 [in force]","attribution":{"prepared_by":"European Commission","published_by":"Publications Office of the EU","published_in":"Official Journal of the European Union","document_type":"implementing_regulation","legal_nature":"binding_adopted","addressees":"not stated in the document","dates":{"document_date":"2016-05-17","entry_into_force":"2016-06-18","locators":{"document_date":"CELLAR 32016R0959 work_date_document","entry_into_force":"CELLAR 32016R0959 resource_legal_date_entry-into-force (earliest)"}},"adoption":null},"context":{"act":{"work_id":"spaces/mar/level-2/its/2016-959-market-soundings-systems","path":"/mar/level-2/its/2016-959-market-soundings-systems","name":"Commission Implementing Regulation (EU) 2016/959","number":"2016/959","celex":"32016R0959","title_official":"COMMISSION IMPLEMENTING REGULATION (EU) 2016/959 of 17 May 2016 laying down implementing technical standards for market soundings with regard to the systems and notification templates to be used by disclosing market participants and the format of the records in accordance with Regulation (EU) No 596/2014 of the European Parliament and of the Council (Text with EEA relevance)","document_date":"2016-05-17"},"position":{"kind":"article","key":"2","index":2,"articles":5,"annexes":3},"prev":{"path":"/mar/level-2/its/2016-959-market-soundings-systems/articles/1","key":"1","title":"Article 1 — Electronic format for the records"},"next":{"path":"/mar/level-2/its/2016-959-market-soundings-systems/articles/3","key":"3","title":"Article 3 — Format for the record keeping of the data regarding potential investors"},"act_anchor":"#art-2"}}} -->
# Article 2 — Format for the record keeping of the written minutes or notes

**Commission Implementing Regulation (EU) 2016/959 · binding · OJ L 160, 17.6.2016 · dated 17 May 2016 [in force]**

*In force · Commission Implementing Regulation (EU) 2016/959, OJ L 160, 17.6.2016 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/eli/reg_impl/2016/959/oj/eng)*

Disclosing market participants shall draw up the written minutes or notes referred to in Article 6(2)(d) of Delegated Regulation (EU) 2016/960 in an electronic format using:\
**(a)** the template set out in Annex I where disclosing market participants consider that the market sounding involves the disclosure of inside information;
**(b)** the template set out in Annex II where disclosing market participants consider that the market sounding does not involve the disclosure of inside information.
