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Delegated Regulation (EU) 2022/1302 · binding · OJ L 197, 26.7.2022 · dated 20 Apr 2022 [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":"2022-04-20","entry_into_force":"2022-08-15","locators":{"document_date":"CELLAR 32022R1302 work_date_document","entry_into_force":"CELLAR 32022R1302 resource_legal_date_entry-into-force (earliest)"}},"adoption":null},"context":{"act":{"work_id":"spaces/mifid-ii/level-2/rts/2022-1302-commission-delegated-regulation-eu-2022-1302-of-20-april","path":"/mifid-ii/level-2/rts/2022-1302-commission-delegated-regulation-eu-2022-1302-of-20-april","name":"Commission Delegated Regulation (EU) 2022/1302","number":"2022/1302","celex":"32022R1302","title_official":"COMMISSION DELEGATED REGULATION (EU) 2022/1302 of 20 April 2022 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards for the application of position limits to commodity derivatives and procedures for applying for exemption from position limits (Text with EEA relevance)","document_date":"2022-04-20"},"position":{"kind":"article","key":"16","index":16,"articles":23,"annexes":1},"prev":{"path":"/mifid-ii/level-2/rts/2022-1302-commission-delegated-regulation-eu-2022-1302-of-20-april/articles/15","key":"15","title":"Article 15 — Methodology for determining the baseline figure in respect of certain commodity derivatives"},"next":{"path":"/mifid-ii/level-2/rts/2022-1302-commission-delegated-regulation-eu-2022-1302-of-20-april/articles/17","key":"17","title":"Article 17 — New and less liquid agricultural commodity derivatives"},"act_anchor":"#art-16"}},"provenance":{"official_url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02022R1302-20260208","check":{"result":"matched","checked_at":"2026-10-26","against":"EUR-Lex"},"repo_path":"spaces/mifid-ii/level-2/rts/2022-1302-commission-delegated-regulation-eu-2022-1302-of-20-april.md","unit_text_sha256":"b61ae3d3a512a1cf3bc2b4142752baad2dea57fe264e8bf985c041b5147bfb5f","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/2022-1302-commission-delegated-regulation-eu-2022-1302-of-20-april/art-16","kind":"article","key":"16","heading":"Article 16 — Assessment of factors","text":"## <a id=\"art-16\"></a>Article 16 — Assessment of factors\n\nCompetent authorities shall set the spot month and other months’ position limits for an agricultural commodity derivative or a critical or significant commodity derivative by taking the baseline figure determined in accordance with Articles 11, 13 and 15 and adjusting it according to the potential impact of the factors referred to in Articles 18 to 21 on the integrity of the market for that derivative and for its underlying commodity to either of the following limits:\\\n**(a)** between 5 % and 35 %;\n**(b)** between 2,5 % and 35 %, for any derivative contract with an underlying that qualifies as food intended for human consumption with a total combined open interest in spot month and other months’ contracts exceeding 50 000 lots over a consecutive 3-month period.\n\n","marks":[],"text_hash":"b61ae3d3a512a1cf3bc2b4142752baad2dea57fe264e8bf985c041b5147bfb5f","revision":1}}