Skip to the text
Text as of 4 Dec 2024 · Consolidated version of 23 November 2025 · Same wording as today’s text.Today’s text

Article 54 — Transitional provisions

Financial servicesLevel 1RegulationMiFIRIn forceOfficial source

54(1)

1.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.

Copy link
54(2)

2.[Deleted by Regulation (EU) 2024/791 of 28 February 2024.]

Copy link
54(3)

3.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.

Copy link