{"release":{"id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","published":"2026-11-01T16:41:30Z","pinned":false},"limits":{"coverage":{"history":"current_only","held_since":"2026-10-26","gaps":[],"covered":["2021/1833 — Delegated act — When an activity is ancillary to the main business [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":"/mifid-ii/level-2/delegated-acts/2021-1833-commission-delegated-regulation-eu-2021-1833-of-14-july/articles/6","url":"https://www.headlesslaw.com/mifid-ii/level-2/delegated-acts/2021-1833-commission-delegated-regulation-eu-2021-1833-of-14-july/articles/6","title":"Article 6 — Procedure for 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20.10.2021","check":{"against":"EUR-Lex","on":"2026-10-26"},"check_result":"matched","official_url":"https://eur-lex.europa.eu/eli/reg_del/2021/1833/oj/eng","valid_from":"2021-11-09","valid_until":null,"content_id":"af145664ad857d19","versions":["2021-11-09"],"version_url":"https://www.headlesslaw.com/mifid-ii/level-2/delegated-acts/2021-1833-commission-delegated-regulation-eu-2021-1833-of-14-july/articles/6/versions/2026-10-26","revision_url":"https://www.headlesslaw.com/mifid-ii/level-2/delegated-acts/2021-1833-commission-delegated-regulation-eu-2021-1833-of-14-july/articles/6/versions/2026-10-26/rev/af145664ad857d19","versions_url":"https://www.headlesslaw.com/mifid-ii/level-2/delegated-acts/2021-1833-commission-delegated-regulation-eu-2021-1833-of-14-july/articles/6/versions","relations_url":"https://www.headlesslaw.com/mifid-ii/level-2/delegated-acts/2021-1833-commission-delegated-regulation-eu-2021-1833-of-14-july/articles/6/relations","act_url":"https://www.headlesslaw.com/mifid-ii/level-2/delegated-acts/2021-1833-commission-delegated-regulation-eu-2021-1833-of-14-july#art-6","source_line":"Commission Delegated Regulation (EU) 2021/1833 · binding · OJ L 372, 20.10.2021 · dated 14 Jul 2021 [in force]","attribution":{"prepared_by":"European Commission","published_by":"Publications Office of the EU","published_in":"Official Journal of the European Union","document_type":"delegated_regulation","legal_nature":"binding_adopted","addressees":"not stated in the document","dates":{"document_date":"2021-07-14","entry_into_force":"2021-11-09","locators":{"document_date":"CELLAR 32021R1833 work_date_document","entry_into_force":"CELLAR 32021R1833 resource_legal_date_entry-into-force (earliest)"}},"adoption":null},"context":{"act":{"work_id":"spaces/mifid-ii/level-2/delegated-acts/2021-1833-commission-delegated-regulation-eu-2021-1833-of-14-july","path":"/mifid-ii/level-2/delegated-acts/2021-1833-commission-delegated-regulation-eu-2021-1833-of-14-july","name":"Commission Delegated Regulation (EU) 2021/1833","number":"2021/1833","celex":"32021R1833","title_official":"COMMISSION DELEGATED REGULATION (EU) 2021/1833 of 14 July 2021 supplementing Directive 2014/65/EU of the European Parliament and of the Council by specifying the criteria for establishing when an activity is to be considered to be ancillary to the main business at group level (Text with EEA relevance)","document_date":"2021-07-14"},"position":{"kind":"article","key":"6","index":6,"articles":9,"annexes":1},"prev":{"path":"/mifid-ii/level-2/delegated-acts/2021-1833-commission-delegated-regulation-eu-2021-1833-of-14-july/articles/5","key":"5","title":"Article 5 — Capital Employed Test"},"next":{"path":"/mifid-ii/level-2/delegated-acts/2021-1833-commission-delegated-regulation-eu-2021-1833-of-14-july/articles/7","key":"7","title":"Article 7 — Transactions qualifying as reducing risks"},"act_anchor":"#art-6"}},"provenance":{"official_url":"https://eur-lex.europa.eu/eli/reg_del/2021/1833/oj/eng","check":{"result":"matched","checked_at":"2026-10-26","against":"EUR-Lex"},"repo_path":"spaces/mifid-ii/level-2/delegated-acts/2021-1833-commission-delegated-regulation-eu-2021-1833-of-14-july.md","unit_text_sha256":"862d8102253b9deb9173a4a3f8de4dae544331bfdf6fb27ff979fadb222c2a44","note":"the unit is a byte-exact part of the act page, whose check record covers it"},"unit":{"locator":"spaces/mifid-ii/level-2/delegated-acts/2021-1833-commission-delegated-regulation-eu-2021-1833-of-14-july/art-6","kind":"article","key":"6","heading":"Article 6 — Procedure for calculation","text":"## <a id=\"art-6\"></a>Article 6 — Procedure for calculation\n\n1. <a id=\"art-6-p-1\"></a>The calculation of the De-Minimis Threshold Test referred to in Article 3 shall be determined by reference to three annual calculation periods that precede the date of calculation, where the simple average of the resulting annual values shall be compared with the threshold referred to in Article 2, paragraph 1, point (a). The calculation of the size of the trading activities and capital employed referred to in Articles 4 and 5 shall be based on a simple average of the daily trading activities or estimated capital allocated to such trading activities, during three annual calculation periods that precede the date of calculation. The calculations shall be carried out annually in the first quarter of the calendar year that follows an annual calculation period, where the simple average of the resulting annual values shall be compared with the respective thresholds referred to in Article 2, paragraph 1, points (b) and (c).\n1. <a id=\"art-6-p-2\"></a>For the purpose of paragraph 1, an annual calculation period means a period which starts on 1 January of a given year and ends on 31 December of that year.\n1. <a id=\"art-6-p-3\"></a>For the purpose of paragraph 1, the calculation of the size of trading activities or estimated capital allocated to trading activities taking place in 2022 shall take into account the three preceding annual calculation periods, starting on 1 January 2019, 1 January 2020 and 1 January 2021, and the calculation taking place in 2023 shall take into account the three preceding annual calculation periods, starting on 1 January 2020, 1 January 2021 and 1 January 2022.\n1. <a id=\"art-6-p-4\"></a>By derogation from paragraph 3, the reference period for the calculation of daily trading activities or estimated capital allocated to such trading activities shall comprise only the most recent annual calculation period where both the following conditions are met:\n\n    <a id=\"art-6-p-4-a\"></a>**(a)** daily trading activities or estimated capital allocated to such trading activities declines by more than 10 %, when comparing the earliest of the three preceding annual calculation periods with the most recent annual calculation period; and\n\n    <a id=\"art-6-p-4-b\"></a>**(b)** daily trading activities or estimated capital allocated to such trading activities in the most recent of the three annual calculation periods is lower than in the two preceding calculation periods.\n\n","marks":[],"text_hash":"862d8102253b9deb9173a4a3f8de4dae544331bfdf6fb27ff979fadb222c2a44","revision":1}}