{"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/54","url":"https://www.headlesslaw.com/mifir/articles/54","title":"Article 54 — Transitional provisions","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 2025","check":{"against":"EUR-Lex","on":"2026-10-26"},"check_result":"matched","official_url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02014R0600-20251123","valid_from":"2024-03-28","valid_until":null,"revision":1,"content_id":"69d3161916941926","change_date":null,"nearest_versions":["2022-01-01","2024-03-28"],"first_text_date":"2014-05-15","correction_applies":false,"versions":["2022-01-01","2024-03-28"],"version_url":"https://www.headlesslaw.com/mifir/articles/54/versions/2024-03-28","revision_url":"https://www.headlesslaw.com/mifir/articles/54/versions/2024-03-28/rev/69d3161916941926","versions_url":"https://www.headlesslaw.com/mifir/articles/54/versions","relations_url":"https://www.headlesslaw.com/mifir/articles/54/relations","source_line":null,"attribution":null},"provenance":{"official_url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02014R0600-20251123","check":{"result":"matched","checked_at":"2026-10-26","against":"EUR-Lex"},"repo_path":"spaces/mifir/articles/54.md","body_sha256":"1964fbf8799d6f7b9e5ea916b43a99892b857f1ecd25260eb8854e6153ec59cf"},"units":[{"locator":"mifir/art/54","kind":"article","status":"in_force","label":null,"heading":"Transitional provisions","text":"","marks":[],"revision":1,"text_hash":"e3b0c44298fc1c149afbf4c8996fb92427ae41e4649b934ca495991b7852b855","reason":null},{"locator":"mifir/art/54/para/1","kind":"paragraph","status":"in_force","label":"1.","heading":null,"text":"Third‐country firms may continue to provide services and activities in Member States, in accordance with national regimes, until three years after the adoption by the Commission of a decision in relation to the relevant third country in accordance with Article 47. Services and activities not covered by such a decision may continue to be provided in accordance with national regime.","marks":[],"revision":1,"text_hash":"06c423e9d1be2bd67611ae25dd498edd4f9ce60d9f9145777e56315db5b991ad","reason":null},{"locator":"mifir/art/54/para/2","kind":"paragraph","status":"deleted","label":"2.","heading":null,"text":"","marks":[],"revision":1,"text_hash":"e3b0c44298fc1c149afbf4c8996fb92427ae41e4649b934ca495991b7852b855","reason":null},{"locator":"mifir/art/54/para/3","kind":"paragraph","status":"in_force","label":"3.","heading":null,"text":"The provisions of the delegated acts adopted pursuant to Regulation (EU) No 600/2014 as applicable before 28 March 2024 shall continue to apply until the date of application of the delegated acts adopted pursuant to Regulation (EU) No 600/2014 as applicable from that date.","marks":[],"revision":1,"text_hash":"44bccc0b21e714998bd6a5e1ed0e6896e7df2389fe327bd30251c6a9929ffc0a","reason":null}],"markdown":"---\ntitle: \"Article 54 — Transitional provisions\"\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 54 — Transitional provisions\"\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: 54\nstatus: in_force\nobject_id: eu.mifir.legal_text.article.54\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>Third‐country firms may continue to provide services and activities in Member States, in accordance with national regimes, until three years after the adoption by the Commission of a decision in relation to the relevant third country in accordance with [Article 47](47.md). Services and activities not covered by such a decision may continue to be provided in accordance with national regime.\n2. <a id=\"p-2\"></a>[Deleted by [Regulation (EU) 2024/791](https://eur-lex.europa.eu/eli/reg/2024/791/oj) of 28 February 2024.]\n3. <a id=\"p-3\"></a>The provisions of the delegated acts adopted pursuant to Regulation (EU) No 600/2014 as applicable before 28 March 2024 shall continue to apply until the date of application of the delegated acts adopted pursuant to Regulation (EU) No 600/2014 as applicable from that date.\n\n***\n\n[Title X — Final provisions](../titles/x.md) · [← Article 53](53.md) · [Article 54a →](54a.md)\n"}