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Published]","attribution":{"prepared_by":"ESMA","published_by":"ESMA","published_in":"ESMA Q&A tool","document_type":"qa_answer","legal_nature":"not_legislation","addressees":"not stated in the document","dates":{"published_on":"2017-10-10","question_submitted_on":"2017-10-10","locators":{"published_on":"ESMA Q&A Excel export ESMA_QA_1781, column 'Esma responses', date line","question_submitted_on":"ESMA Q&A Excel export ESMA_QA_1781, column 'Date of submission'"}},"adoption":null}},"provenance":{"official_url":"https://www.esma.europa.eu/publications-data/questions-answers/1781","check":{"result":"matched","checked_at":"2026-10-26","against":"the ESMA publication"},"repo_path":"spaces/mifir/level-3/q-and-a/esma/esma-qa-1781-record-keeping.md","body_sha256":"e92782a9bc5622a028bae3fd1b9d1583c25c191e9421d7c57e8da55d37268721"},"units":[],"markdown":"---\ntitle: \"ESMA Q&A 1781 — Q&A — Record keeping [Answer Published]\"\nshortTitle: \"ESMA Q&A 1781 — Q&A — Record keeping [Answer Published]\"\nanswer_id: ESMA_QA_1781\ntopic: \"Record keeping\"\nstatus: \"Answer Published\"\ntype: qa\ninstrument_type: qa\nauthority: ESMA\nbinding: false\nbinding_character: non_binding\nlegal_status: in_force\nregulation: \"MiFIR\"\nmifir_level3: true\nmica_level2: false\nlegal_basis: \"MiFIR\"\ndate: 10 October 2017\nsource_link: https://www.esma.europa.eu/publications-data/questions-answers/1781\nlifecycle: \"Answer Published\"\ntext_version: \"ESMA Q&A register, 10 October 2017\"\nsource_url: \"https://www.esma.europa.eu/publications-data/questions-answers/1781\"\ncheck_status: matched\nverified: true\nlast_checked: 2026-10-26\nchecked_against: \"the ESMA publication\"\nsource:\n  prepared_by: \"ESMA\"\n  published_by: \"ESMA\"\n  published_in: \"ESMA Q&A tool\"\n  evidence:\n    prepared_by: \"ESMA Answer\"\n    locator: \"ESMA Q&A entry ESMA_QA_1781: field 'ESMA Answer', no 'Answer provided by' line\"\ndocument_type: \"qa_answer\"\nlegal_nature: \"not_legislation\"\naddressees: \"not stated in the document\"\ndates:\n  published_on: \"2017-10-10\"\n  question_submitted_on: \"2017-10-10\"\n  locators:\n    published_on: \"ESMA Q&A Excel export ESMA_QA_1781, column 'Esma responses', date line\"\n    question_submitted_on: \"ESMA Q&A Excel export ESMA_QA_1781, column 'Date of submission'\"\nlifecycle_label: \"Answer Published\"\n---\n\n**Answer by ESMA, published in its Q&A tool · not legislation · published 10 Oct 2017 [Answer Published]**\n\n*Answer Published · ESMA Q&A register, 10 October 2017 · Checked against the ESMA publication on 26 Oct 2026 · [Official source](https://www.esma.europa.eu/publications-data/questions-answers/1781)*\n\n| | |\n|---|---|\n| **Full title** | ESMA Q&A 1781 — Q&A — Record keeping \\[Answer Published\\] |\n| **Prepared by** | ESMA |\n| **Published by** | ESMA, in the ESMA Q&A tool |\n| **Reference** | ESMA_QA_1781 |\n| **Document type** | Q&A |\n| **Legal nature** | Not legislation |\n| **Addressees** | Not stated in the document |\n| **Dates** | Published 10 October 2017; question submitted 10 October 2017 |\n| **Legal basis** | MiFIR |\n| **Related instruments** | None recorded |\n| **Text on this page** | Word for word — the full text of the ESMA publication |\n\n**Record keeping**\n\n### Question\n\nAre securities financing transactions (SFTs) in scope of the MiFID II requirements for order record keeping, as outlined in Article 16(6) of MiFID II and further specified in Section 8 of the MiFID II Delegated Regulation?\n\n***\n\n### Answer\n\n\\[ESMA 35-43-349 MiFID II Q&As on Investor protection, Ch. 4, question 2\\]\n\nYes. Article 16(6) of MiFID II states that firms “shall arrange for records to be kept of all services, activities and transactions undertaken by it which shall be sufficient to enable the competent authority to fulfil its supervisory tasks and to perform the enforcement actions under this Directive, Regulation (EU) No 600/2014, Directive 2014/57/EU and Regulation (EU) No 596/2014 \\[...\\]”. Article 16(6) has a general application and does not provide for exclusions of particular types of transactions. SFTs are therefore inside the scope of the MiFID II record keeping requirements.\n\n***\n\n**Source:** [ESMA original document](https://www.esma.europa.eu/publications-data/questions-answers/1781)\n"}