Article 27e — Withdrawal of authorisation — compare

Showing 1 of 1Release 2 Nov 2026Details

Coverage: 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.
Freshness: Release c89ff15e published 2 Nov 2026, 05:02 CET. This article checked word for word against EUR-Lex on 26 Oct 2026.
Shown: Showing 1 of 1
Failures: None.
Incomplete: No.

From: 1 January 2022 · Consolidated version of 1 January 2022 · Checked against EUR-Lex on 26 Oct 2026 · Official source
To: 2 November 2026 · Consolidated version of 28 March 2024 · Checked against EUR-Lex on 26 Oct 2026 · Official source

1.ESMA, or the national competent authority where relevant, may withdraw the authorisation of a data reporting services provider where the latter:

27e(1)(a)

(a)does not make use of the authorisation within 12 months, expressly renounces the authorisation or has provided no services for the preceding six months;

27e(1)(b)

(b)obtained the authorisation by making false statements or by any other irregular means;

27e(1)(c)

(c)no longer meets the conditions under which it was authorised;

27e(1)(d)

(d)has seriously and systematically infringed this Regulation.

27e(2)

2.ESMA shall, where relevant, without undue delay, notify the national competent authority in the Member State where the data reporting services provider is established of a decision to withdraw the authorisation of a data reporting services provider.

27e(3)

3.A data reporting services provider from which authorisation is to be withdrawn shall ensure orderly substitution, including the transfer of data to other data reporting services providers, the provision of due notice to its clients and the redirection of reporting flows to other data reporting services providers before the withdrawal.