{"release":{"id":"c89ff15ec1240a456b40735def079beeda55a0c372be7f3da154287997367ecf","published":"2026-11-02T04:02:35Z","pinned":false},"limits":{"coverage":{"history":"from:2022-01-01","held_since":"2022-01-01","gaps":[],"covered":["MiFIR L1"],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"c89ff15ec1240a456b40735def079beeda55a0c372be7f3da154287997367ecf","release_published":"2026-11-02T04:02:35Z","checked_at":"2026-10-26","checked_against":"EUR-Lex"},"truncation":null,"failures":[],"incomplete":[]},"page":{"path":"/mifir/articles/39","url":"https://www.headlesslaw.com/mifir/articles/39","title":"Article 39 — Market monitoring","family":"l1_generated","work_id":"mifir","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":"Consolidated version of 23 November 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monitoring","text":"","marks":[],"revision":1,"text_hash":"e3b0c44298fc1c149afbf4c8996fb92427ae41e4649b934ca495991b7852b855","reason":null},{"locator":"mifir/art/39/para/1","kind":"paragraph","status":"in_force","label":"1.","heading":null,"text":"In accordance with Article 9(2) of Regulation (EU) No 1095/2010, ESMA shall monitor the market for financial instruments which are marketed, distributed or sold in the Union.","marks":[],"revision":1,"text_hash":"f6562e9571dabf2e3deef913d68d00f4ee146606981650e1fdda3f4f62496ad3","reason":null},{"locator":"mifir/art/39/para/2","kind":"paragraph","status":"in_force","label":"2.","heading":null,"text":"In accordance with Article 9(2) of Regulation (EU) No 1093/2010, EBA shall monitor the market for structured deposits which are marketed, distributed or sold in the Union.","marks":[],"revision":1,"text_hash":"da94a2227a86f67b8c20a85f41f59b1eaf7a4681f32d2c1374f1e90520d87494","reason":null},{"locator":"mifir/art/39/para/3","kind":"paragraph","status":"in_force","label":"3.","heading":null,"text":"Competent authorities shall monitor the market for financial instruments and structured deposits which are marketed, distributed or sold in or from their Member State.","marks":[],"revision":1,"text_hash":"388601e8b9cd58593fdbe65f586f6392760d777fc4314259bc9c569ae5752345","reason":null}],"markdown":"---\ntitle: \"Article 39 — Market monitoring\"\ntype: regulation\nlegal_status: in_force\nsource: \"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02014R0600-20251123\"\nsource_retrieved: 2026-09-30\nshortTitle: \"Article 39 — Market monitoring\"\ninstrument_type: level1_regulation\nauthority: Commission\nbinding: true\nbinding_character: binding\nmica_level2: false\nlegal_basis: \"Regulation (EU) No 600/2014\"\ninstrument: mifir\ncelex: \"32014R0600\"\nregulation: MiFIR\nregulation-full: \"Regulation (EU) No 600/2014\"\narticle: 39\nstatus: in_force\nobject_id: eu.mifir.legal_text.article.39\ntext_version: \"Consolidated version of 23 November 2025\"\nsource_url: \"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02014R0600-20251123\"\ncheck_status: matched\nverified: true\nlast_checked: 2026-10-26\n---\n\n*In force · Consolidated version of 23 November 2025 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02014R0600-20251123)*\n\n1. <a id=\"p-1\"></a>In accordance with Article 9(2) of Regulation (EU) No 1095/2010, ESMA shall monitor the market for financial instruments which are marketed, distributed or sold in the Union.\n2. <a id=\"p-2\"></a>In accordance with Article 9(2) of Regulation (EU) No 1093/2010, EBA shall monitor the market for structured deposits which are marketed, distributed or sold in the Union.\n3. <a id=\"p-3\"></a>Competent authorities shall monitor the market for financial instruments and structured deposits which are marketed, distributed or sold in or from their Member State.\n\n***\n\n[Title VII — Supervisory measures on product intervention and positions](../titles/vii.md) · [← Article 38o](38o.md) · [Article 39a →](39a.md)\n"}