Article 26 — Obligation to report transactions — compare
Showing 30 of 30Release 2 Nov 2026Details
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- MiFIR: every English consolidation from 1 Jan 2022. Older wording is not held and is not replaced by any other text. Not covered: national guidance, court decisions.
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- Release c89ff15e published 2 Nov 2026, 05:02 CET. This article checked word for word against EUR-Lex on 26 Oct 2026.
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- 1 January 2022 · Consolidated version of 1 January 2022 · Checked against EUR-Lex on 26 Oct 2026 · Official source
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- 2 November 2026 · Consolidated version of 28 March 2024 · Checked against EUR-Lex on 1 Nov 2026 · Official source
The competent authorities shall, in accordance with Article 85 of Directive 2014/65/EU, establish the necessary arrangements in order to ensure that the competent authority of the most relevant market in terms of liquidity for those financial instrumentsfollowing competent authorities also receivesreceive that information.:
The competent authoritiesauthority referred to in the first subparagraph shall without undue delay make available to ESMA any information reported in accordance with this Article.
The obligation shall apply to transactions in financial instruments referred to in points (a) to (c) irrespective of whether or not such transactions are carried out on the trading venue.
3.The reports shall, in particular, include details of the names and numbers of the financial instruments bought or sold, the quantity, the dates and times of execution, the effective dates, the transaction prices, a designation to identify the clientsparties on whose behalf the investment firm has executed that transaction, a designation to identify the persons and the computer algorithms within the investment firm responsible for the investment decision and the execution of the transaction, a designation to identify the applicable waiver under whichentity subject to the trade has taken placereporting obligation, and means of identifying the investment firms concerned, and a designation to identify. Reports on a short sale as defined in Article 2(1)(b) of Regulation (EU) No 236/2012 in respect of any shares and sovereign debt withintransaction made at the scope of Articles 12, 13 and 17 of that Regulation. For transactions not carried out on a trading venue, the reports shall include a designation identifying the types of transactions in accordance withtransaction identification code generated and disseminated by the measures to be adopted pursuanttrading venue to Article 20(3)(a)both buying and Article 21(5)(a). For commodity derivatives, the reports shall indicate whetherselling members of the transaction reduces risk in an objectively measurable way in accordance with Article 57 of Directive 2014/65/EUtrading venue.
For transactions not carried out on a trading venue, the reports shall include a designation identifying the types of transactions in accordance with the regulatory technical standards adopted pursuant to Article 20(3), point (a), and Article 21(5), point (a), of this Regulation. For commodity derivatives, the reports shall indicate whether the transaction reduces risk in an objectively measurable way in accordance with Article 57 of Directive 2014/65/EU.
5.The operator of a trading venue shall report details of transactions in financial instruments traded on its platform which are executed through its systems by a firm which is any member, participant or user not subject to this Regulation in accordance with paragraphs 1 and 3.
8.When, in accordance with Article 35(8) of Directive 2014/65/EU, reports provided for under this Article are transmittedAn investment firm shall report transactions executed wholly or partly through its branch to the competent authority of the hosthome Member State, it of the investment firm. The branch of a third country firm shall transmit that information submit its transaction reports to the competent authorities of the home Member State of the investmentauthority which authorised the branch. Where a third-country firm, unless the competent authorities of the home has set up branches in more than one Member State, those branches shall determine the competent authority that is decide that they do not want to receive that informationall the transaction reports.
When, in accordance with Article 35(8) of Directive 2014/65/EU, reports provided for under this Article are transmitted to the competent authority of the host Member State, it shall transmit that information to the competent authorities of the home Member State of the investment firm, unless the competent authorities of the home Member State decide that they do not want to receive that information.
When developing those draft regulatory technical standards, ESMA shall submit take into account international developments and standards agreed at Union or international level, and the consistency of those draft regulatory technical standards towith the Commission by 3 July reporting requirements laid down in Regulations (EU) No 648/2012 and (EU) 2015/2365.
Power is delegated toESMA shall submit the Commission to adopt thedraft regulatory technical standards referred to in the first subparagraph in accordance with Articles 10 to 14 of Regulation (EU) No 1095/2010the Commission by 29 September 2025.
Power is delegated to the Commission to supplement this Regulation by adopting the regulatory technical standards referred to in the first subparagraph in accordance with Articles 10 to 14 of Regulation (EU) No 1095/2010.
11.By 29 March 2028, ESMA shall submit to the Commission a report assessing the feasibility of more integration in transaction reporting and streamlining of data flows pursuant to this Article to:
When preparing the report, ESMA shall, where relevant, work in close cooperation with the other bodies of the European System of Financial Supervision and the European Central Bank.