Recital 12

Financial servicesLevel 1RegulationMiFIRIn forceOfficial source

Trading in depositary receipts, ETFs, certificates, similar financial instruments and shares other than those admitted to trading on a regulated market takes place in largely the same fashion, and fulfils a nearly identical economic purpose, as trading in shares admitted to trading on a regulated market. Transparency provisions applicable to shares admitted to trading on regulated markets should thus be extended to those financial instruments.

About this text

In force · Regulation (EU) No 600/2014, OJ L 173, 12.6.2014 · Checked against EUR-Lex on 1 Nov 2026 · Official source

Status: In force
Coverage: MiFIR: every English consolidation from 1 Jan 2022. Older wording is not held and is not replaced by any other text. Not covered: national guidance, court decisions.
Freshness: Release a4f2a049 published 1 Nov 2026, 17:41 CET. This recital checked word for word against EUR-Lex on 1 Nov 2026.
Shown: The whole recital.
Failures: None.
Incomplete: No.

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