Commission Delegated Regulation (EU) 2017/2294 of 28 August 2017 amending Delegated Regulation (EU) 2017/565 as regards the specification of the definition of systematic internalisers for the purposes of Directive 2014/65/EU

Amends Delegated Regulation 2017/565 to clarify that an investment firm is not a systematic internaliser when it takes part in matching arrangements with entities outside its group that are designed to carry out de facto riskless back-to-back transactions outside a trading venue, preventing networks of linked SIs from functioning as multilateral systems.