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Delegated Regulation (EU) 2017/585 · binding · OJ L 87, 31.3.2017 · dated 14 Jul 2016 [in force]","attribution":{"prepared_by":"European Commission","published_by":"Publications Office of the EU","published_in":"Official Journal of the European Union","document_type":"delegated_regulation","legal_nature":"binding_adopted","addressees":"not stated in the document","dates":{"document_date":"2016-07-14","entry_into_force":"2017-04-20","locators":{"document_date":"CELLAR 32017R0585 work_date_document","entry_into_force":"CELLAR 32017R0585 resource_legal_date_entry-into-force (earliest)"}},"adoption":null},"context":{"act":{"work_id":"spaces/mifir/level-2/rts/2017-585-the-data-standards-and-formats-for-financial-instrument","path":"/mifir/level-2/rts/2017-585-the-data-standards-and-formats-for-financial-instrument","name":"Commission Delegated Regulation (EU) 2017/585","number":"2017/585","celex":"32017R0585","title_official":"COMMISSION DELEGATED REGULATION (EU) 2017/585 of 14 July 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the data standards and formats for financial instrument reference data and technical measures in relation to arrangements to be made by the European Securities and Markets Authority and competent authorities (Text with EEA relevance)","document_date":"2016-07-14"},"position":{"kind":"article","key":"4","index":4,"articles":8,"annexes":1},"prev":{"path":"/mifir/level-2/rts/2017-585-the-data-standards-and-formats-for-financial-instrument/articles/3","key":"3","title":"Article 3 — Identification of financial instruments and legal entities"},"next":{"path":"/mifir/level-2/rts/2017-585-the-data-standards-and-formats-for-financial-instrument/articles/5","key":"5","title":"Article 5 — Arrangements to ensure the quality of the reference data"},"act_anchor":"#art-4"}},"provenance":{"official_url":"https://eur-lex.europa.eu/eli/reg_del/2017/585/oj/eng","check":{"result":"matched","checked_at":"2026-10-26","against":"EUR-Lex"},"repo_path":"spaces/mifir/level-2/rts/2017-585-the-data-standards-and-formats-for-financial-instrument.md","unit_text_sha256":"c484e25b652930748e0b533ddab02095d561f8a1007ffda43c884639b1631e6e","note":"the unit is a byte-exact part of the act page, whose check record covers it"},"unit":{"locator":"spaces/mifir/level-2/rts/2017-585-the-data-standards-and-formats-for-financial-instrument/art-4","kind":"article","key":"4","heading":"Article 4 — Arrangements to ensure effective receipt of reference data","text":"## <a id=\"art-4\"></a>Article 4 — Arrangements to ensure effective receipt of reference data\n\n1. <a id=\"art-4-p-1\"></a>Competent authorities shall monitor and assess the completeness of the reference data they receive from a trading venue or systematic internaliser, and the compliance of that data with the standards and formats specified in Table 3 of the Annex.\n1. <a id=\"art-4-p-2\"></a>Following receipt of reference data in respect of each day on which trading venues and systematic internalisers are open for trading, competent authorities shall notify trading venues and systematic internalisers of any incompleteness in that data and of any failure to deliver reference data by the deadlines set out in Article 2.\n1. <a id=\"art-4-p-3\"></a>ESMA shall monitor and assess the completeness of reference data it receives from competent authorities, and compliance of the data with the standards and formats specified in Table 3 of the Annex.\n1. <a id=\"art-4-p-4\"></a>Following receipt of reference data from competent authorities, ESMA shall notify them of any incompleteness in that data and of any failure to deliver reference data by the deadlines set out in Article 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