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Text as of 1 Jan 2022 · Consolidated version of 1 January 2022 · The wording differs from today’s text.Today’s text

Article 16 — Obligations of competent authorities

Financial servicesLevel 1RegulationMiFIRIn forceOfficial source

16(1)

1.The competent authorities shall check the following:

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16(1)(a)
(a)that investment firms regularly update bid and offer prices published in accordance with Article 14 and maintain prices which reflect the prevailing market conditions;
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16(1)(b)
(b)that investment firms comply with the conditions for price improvement laid down in Article 15(2).
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