{"release":{"id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","published":"2026-11-01T16:41:30Z","pinned":false},"limits":{"coverage":{"history":"current_only","held_since":"2026-10-26","gaps":[],"covered":["2016/824 — ITS — Description of the functioning of multilateral trading facilities [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/its/2016-824-the-content-and-format-of-the-description-of-the/articles/4","url":"https://www.headlesslaw.com/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the/articles/4","title":"Article 4 — Information to be provided on MTFs already in 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Implementing Regulation (EU) 2016/824 · binding · OJ L 137, 26.5.2016 · dated 25 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":"2016-05-25","entry_into_force":"2016-06-15","locators":{"document_date":"CELLAR 32016R0824 work_date_document","entry_into_force":"CELLAR 32016R0824 resource_legal_date_entry-into-force (earliest)"}},"adoption":null},"context":{"act":{"work_id":"spaces/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the","path":"/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the","name":"Commission Implementing Regulation (EU) 2016/824","number":"2016/824","celex":"32016R0824","title_official":"COMMISSION IMPLEMENTING REGULATION (EU) 2016/824 of 25 May 2016 laying down implementing technical standards with regard to the content and format of the description of the functioning of multilateral trading facilities and organised trading facilities and the notification to the European Securities and Markets Authority according to Directive 2014/65/EU of the European Parliament and of the Council on markets in financial instruments (Text with EEA relevance)","document_date":"2016-05-25"},"position":{"kind":"article","key":"4","index":4,"articles":11,"annexes":1},"prev":{"path":"/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the/articles/3","key":"3","title":"Article 3 — Additional information to be provided on MTFs"},"next":{"path":"/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the/articles/5","key":"5","title":"Article 5 — Additional information to be provided on MTFs for registration as an SME growth market"},"act_anchor":"#art-4"}},"provenance":{"official_url":"https://eur-lex.europa.eu/eli/reg_impl/2016/824/oj/eng","check":{"result":"matched","checked_at":"2026-10-26","against":"EUR-Lex"},"repo_path":"spaces/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the.md","unit_text_sha256":"7bb8829549e73ef490cfd1ade73dfd4295cf4146bc2724cb97f03800e121af81","note":"the unit is a byte-exact part of the act page, whose check record covers it"},"unit":{"locator":"spaces/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the/art-4","kind":"article","key":"4","heading":"Article 4 — Information to be provided on MTFs already in operation","text":"## <a id=\"art-4\"></a>Article 4 — Information to be provided on MTFs already in operation\n\nIn the case of an investment firm or market operator authorised to operate an MTF under Article 5 of Directive 2004/39/EC of the European Parliament and of the Council which is operating at the date of application of this Regulation, that firm or operator shall provide the information referred to under Articles 2 and 3 of this Regulation where it is required:\\\n**(a)** to correct, update or clarify information previously submitted by the relevant operator to its competent authority;\n**(b)** to demonstrate compliance with obligations under Directive 2014/65/EU and Regulation (EU) No 600/2014 that did not apply to the MTF prior to the application of this Regulation.\n\n","marks":[],"text_hash":"7bb8829549e73ef490cfd1ade73dfd4295cf4146bc2724cb97f03800e121af81","revision":1}}