{"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/5","url":"https://www.headlesslaw.com/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the/articles/5","title":"Article 5 — Additional information to be provided on MTFs for registration as an SME growth 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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":"5","index":5,"articles":11,"annexes":1},"prev":{"path":"/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the/articles/4","key":"4","title":"Article 4 — Information to be provided on MTFs already in operation"},"next":{"path":"/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the/articles/6","key":"6","title":"Article 6 — Additional information to be provided on OTFs"},"act_anchor":"#art-5"}},"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":"6ccfd794aa96ba5f5a2e7a89e261748bdff0f579bafd2922b6fccc7e299dfb8f","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-5","kind":"article","key":"5","heading":"Article 5 — Additional information to be provided on MTFs for registration as an SME growth market","text":"## <a id=\"art-5\"></a>Article 5 — Additional information to be provided on MTFs for registration as an SME growth market\n\nIn the case of a relevant operator which is applying for registration of an MTF as an SME growth market, that operator shall ensure that the 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