{"release":{"id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","published":"2026-11-01T16:41:30Z","pinned":false},"limits":{"coverage":{"history":"current_only","held_since":"2026-10-26","gaps":[],"covered":["2017/584 — RTS — Organisational requirements of trading venues [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/rts/2017-584-organisational-requirements-of-trading-venues/articles/22","url":"https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-584-organisational-requirements-of-trading-venues/articles/22","title":"Article 22 — Specific requirements for trading venues permitting sponsored access (Article 48(7) of Directive 2014/65/EU)","family":"l2_unit_view","work_id":"spaces/mifid-ii/level-2/rts/2017-584-organisational-requirements-of-trading-venues","view_of":"/mifid-ii/level-2/rts/2017-584-organisational-requirements-of-trading-venues","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 Delegated Regulation (EU) 2017/584, OJ L 87, 31.3.2017","check":{"against":"EUR-Lex","on":"2026-10-26"},"check_result":"matched","official_url":"https://eur-lex.europa.eu/eli/reg_del/2017/584/oj/eng","valid_from":"2017-04-20","valid_until":null,"content_id":"c63a7aed45857313","versions":["2017-04-20"],"version_url":"https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-584-organisational-requirements-of-trading-venues/articles/22/versions/2026-10-26","revision_url":"https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-584-organisational-requirements-of-trading-venues/articles/22/versions/2026-10-26/rev/c63a7aed45857313","versions_url":"https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-584-organisational-requirements-of-trading-venues/articles/22/versions","relations_url":"https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-584-organisational-requirements-of-trading-venues/articles/22/relations","act_url":"https://www.headlesslaw.com/mifid-ii/level-2/rts/2017-584-organisational-requirements-of-trading-venues#art-22","source_line":"Commission Delegated Regulation (EU) 2017/584 · binding · OJ L 87, 31.3.2017 · dated 14 Jul 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":"delegated_regulation","legal_nature":"binding_adopted","addressees":"not stated in the document","dates":{"document_date":"2016-07-14","entry_into_force":"2017-04-20","locators":{"document_date":"CELLAR 32017R0584 work_date_document","entry_into_force":"CELLAR 32017R0584 resource_legal_date_entry-into-force (earliest)"}},"adoption":null},"context":{"act":{"work_id":"spaces/mifid-ii/level-2/rts/2017-584-organisational-requirements-of-trading-venues","path":"/mifid-ii/level-2/rts/2017-584-organisational-requirements-of-trading-venues","name":"Commission Delegated Regulation (EU) 2017/584","number":"2017/584","celex":"32017R0584","title_official":"COMMISSION DELEGATED REGULATION (EU) 2017/584 of 14 July 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying organisational requirements of trading venues (Text with EEA relevance)","document_date":"2016-07-14"},"position":{"kind":"article","key":"22","index":22,"articles":24,"annexes":1},"prev":{"path":"/mifid-ii/level-2/rts/2017-584-organisational-requirements-of-trading-venues/articles/21","key":"21","title":"Article 21 — Pre-determination of the conditions to provide direct electronic access (Article 48(7) of Directive 2014/65/EU)"},"next":{"path":"/mifid-ii/level-2/rts/2017-584-organisational-requirements-of-trading-venues/articles/23","key":"23","title":"Article 23 — Security and limits to access (Article 48(1) of Directive 2014/65/EU)"},"act_anchor":"#art-22"}},"provenance":{"official_url":"https://eur-lex.europa.eu/eli/reg_del/2017/584/oj/eng","check":{"result":"matched","checked_at":"2026-10-26","against":"EUR-Lex"},"repo_path":"spaces/mifid-ii/level-2/rts/2017-584-organisational-requirements-of-trading-venues.md","unit_text_sha256":"87bfcf1f737b985b51775fb8f07bda5dfdc777b603115158ec06e2e49a53af42","note":"the unit is a byte-exact part of the act page, whose check record covers it"},"unit":{"locator":"spaces/mifid-ii/level-2/rts/2017-584-organisational-requirements-of-trading-venues/art-22","kind":"article","key":"22","heading":"Article 22 — Specific requirements for trading venues permitting sponsored access (Article 48(7) of Directive 2014/65/EU)","text":"## <a id=\"art-22\"></a>Article 22 — Specific requirements for trading venues permitting sponsored access (Article 48(7) of Directive 2014/65/EU)\n\n1. <a id=\"art-22-p-1\"></a>Trading venues shall make the provision of sponsored access subject to their authorisation and shall require that firms having sponsored access are subject to at least the same controls as those referred to in Article 18(3)(b).\n1. <a id=\"art-22-p-2\"></a>Trading venues shall ensure that sponsored access providers are at all times exclusively entitled to set or modify the parameters that apply to the controls referred to in paragraph 1 over the order flow of their sponsored access clients.\n1. <a id=\"art-22-p-3\"></a>Trading venues shall be able to suspend or withdraw the provision of sponsored access to clients having infringed Directive 2014/65/EU, Regulations of the European Parliament and of the Council (EU) No 600/2014 and (EU) No 596/2014 or the trading venue's internal rules.\n\n","marks":[],"text_hash":"87bfcf1f737b985b51775fb8f07bda5dfdc777b603115158ec06e2e49a53af42","revision":1}}