{"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/8","url":"https://www.headlesslaw.com/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the/articles/8","title":"Article 8 — Material changes","family":"l2_unit_view","work_id":"spaces/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the","view_of":"/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the","status":"in_force","force_status":"in_force","date_state":"current","requested_date":null,"as_of":"2026-11-02","applies_from":null,"application":null,"version_label":"Commission Implementing Regulation (EU) 2016/824, OJ L 137, 26.5.2016","check":{"against":"EUR-Lex","on":"2026-10-26"},"check_result":"matched","official_url":"https://eur-lex.europa.eu/eli/reg_impl/2016/824/oj/eng","valid_from":"2016-06-15","valid_until":null,"content_id":"2269713b8204f34e","versions":["2016-06-15"],"version_url":"https://www.headlesslaw.com/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the/articles/8/versions/2026-10-26","revision_url":"https://www.headlesslaw.com/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the/articles/8/versions/2026-10-26/rev/2269713b8204f34e","versions_url":"https://www.headlesslaw.com/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the/articles/8/versions","relations_url":"https://www.headlesslaw.com/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the/articles/8/relations","act_url":"https://www.headlesslaw.com/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the#art-8","source_line":"Commission 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":"8","index":8,"articles":11,"annexes":1},"prev":{"path":"/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the/articles/7","key":"7","title":"Article 7 — Asset class specific information"},"next":{"path":"/mifid-ii/level-2/its/2016-824-the-content-and-format-of-the-description-of-the/articles/9","key":"9","title":"Article 9 — Format for providing the description"},"act_anchor":"#art-8"}},"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":"f834a8227457894c60ce44ca17a01dd79edfee0f97f176cee3772731b930ef2b","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-8","kind":"article","key":"8","heading":"Article 8 — Material changes","text":"## Article 8 — Material changes\n\n1. A relevant operator shall provide its competent authority with a description of any material changes to the information previously submitted in accordance with this Regulation which would be relevant to an assessment of that operator's compliance with Directive 2014/65/EU and Regulation (EU) No 600/2014.\n1. Where a relevant operator sends new information to its competent authority to correct, update or clarify information previously submitted in accordance with this Regulation, it does not need to include information which is of a purely minor or technical nature that would not be relevant to an assessment of its compliance with Directive 2014/65/EU or Regulation (EU) No 600/2014.\n1. An investment firm or market operator authorised to operate an MTF under Directive 2004/39/EC which is operating at the date of application of this Regulation shall, in addition to paragraph 1 of this Article, provide its competent authority with a description of any material changes to the information previously submitted to the competent authority in respect of that MTF under that Directive.\n\n","marks":[],"text_hash":"f834a8227457894c60ce44ca17a01dd79edfee0f97f176cee3772731b930ef2b","revision":1}}