<!-- headlesslaw {"release":{"id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","published":"2026-11-01T16:41:30Z","pinned":false},"limits":{"coverage":{"history":"current_only","held_since":"2026-10-26","gaps":[],"covered":["2017/988 — ITS — Standard forms for cooperation arrangements [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/2017-988-standard-forms-templates-and-procedures-for-cooperation/articles/5","url":"https://www.headlesslaw.com/mifid-ii/level-2/its/2017-988-standard-forms-templates-and-procedures-for-cooperation/articles/5","title":"Article 5 — Procedures for ongoing cooperation arrangements","family":"l2_unit_view","work_id":"spaces/mifid-ii/level-2/its/2017-988-standard-forms-templates-and-procedures-for-cooperation","view_of":"/mifid-ii/level-2/its/2017-988-standard-forms-templates-and-procedures-for-cooperation","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) 2017/988, OJ L 149, 13.6.2017","check":{"against":"EUR-Lex","on":"2026-10-26"},"check_result":"matched","official_url":"https://eur-lex.europa.eu/eli/reg_impl/2017/988/oj/eng","valid_from":"2017-07-03","valid_until":null,"content_id":"5bac1964211e6edc","versions":["2017-07-03"],"version_url":"https://www.headlesslaw.com/mifid-ii/level-2/its/2017-988-standard-forms-templates-and-procedures-for-cooperation/articles/5/versions/2026-10-26","revision_url":"https://www.headlesslaw.com/mifid-ii/level-2/its/2017-988-standard-forms-templates-and-procedures-for-cooperation/articles/5/versions/2026-10-26/rev/5bac1964211e6edc","versions_url":"https://www.headlesslaw.com/mifid-ii/level-2/its/2017-988-standard-forms-templates-and-procedures-for-cooperation/articles/5/versions","relations_url":"https://www.headlesslaw.com/mifid-ii/level-2/its/2017-988-standard-forms-templates-and-procedures-for-cooperation/articles/5/relations","act_url":"https://www.headlesslaw.com/mifid-ii/level-2/its/2017-988-standard-forms-templates-and-procedures-for-cooperation#art-5","source_line":"Commission Implementing Regulation (EU) 2017/988 · binding · OJ L 149, 13.6.2017 · dated 6 Jun 2017 [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":"2017-06-06","entry_into_force":"2017-07-03","locators":{"document_date":"CELLAR 32017R0988 work_date_document","entry_into_force":"CELLAR 32017R0988 resource_legal_date_entry-into-force (earliest)"}},"adoption":null},"context":{"act":{"work_id":"spaces/mifid-ii/level-2/its/2017-988-standard-forms-templates-and-procedures-for-cooperation","path":"/mifid-ii/level-2/its/2017-988-standard-forms-templates-and-procedures-for-cooperation","name":"Commission Implementing Regulation (EU) 2017/988","number":"2017/988","celex":"32017R0988","title_official":"COMMISSION IMPLEMENTING REGULATION (EU) 2017/988 of 6 June 2017 laying down implementing technical standards with regard to standard forms, templates and procedures for cooperation arrangements in respect of a trading venue whose operations are of substantial importance in a host Member State (Text with EEA relevance)","document_date":"2017-06-06"},"position":{"kind":"article","key":"5","index":3,"articles":14,"annexes":3},"prev":{"path":"/mifid-ii/level-2/its/2017-988-standard-forms-templates-and-procedures-for-cooperation/articles/4","key":"4","title":"Article 4 — Responding to a request for cooperation"},"next":{"path":"/mifid-ii/level-2/its/2017-988-standard-forms-templates-and-procedures-for-cooperation/articles/6","key":"6","title":"Article 6 — Procedures for consultation"},"act_anchor":"#art-5"}}} -->
# Article 5 — Procedures for ongoing cooperation arrangements

**Commission Implementing Regulation (EU) 2017/988 · binding · OJ L 149, 13.6.2017 · dated 6 Jun 2017 [in force]**

*In force · Commission Implementing Regulation (EU) 2017/988, OJ L 149, 13.6.2017 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/eli/reg_impl/2017/988/oj/eng)*

1. The Authorities shall establish procedures for regular and ad hoc meetings attended by the designated contact persons for the purpose of administering the cooperation arrangements in an effective way.
2. The Requested Authority shall notify the Requesting Authority as soon as possible about the existence of any exceptional circumstances that may prevent it from fulfilling its obligations under this agreement and about actions, if any, taken in that respect.
