EU · MiFID II · TITLE VI COMPETENT AUTHORITIES · CHAPTER II Cooperation between the competent authorities of the Member States and with ESMA
Article 83 MiFID IIRefusal to cooperate
A competent authority may refuse a request for cooperation in an investigation, verification or supervisory activity, or for information exchange, only where judicial proceedings have already begun, or final judgment has been given, in the requested Member State on the same actions and persons, and must explain the refusal to the requesting authority and ESMA.
Level 3: ESMA Q&As, guidelines and opinions
- Q&AAnsweredExplicit reference
AI summaryTo convert lot-based open interest thresholds (10,000 lots in Article 83(1)(b) of Delegated Regulation 2017/565, 300,000 lots in Article 57(1) MiFID II) into energy units, ESMA uses the monthly contract as one lot: 720 MWh for gas and base-load power and 264 MWh for peak-load power, with MMBTU and therm equivalents worked out.
Commentary
No law-firm commentary is linked to this provision yet.
393 more documents relate to MiFID II as a whole without naming an article.
UK counterpart
UK transposition not traced in the FCA Handbook. It may sit in FSMA, the Regulated Activities Order or SI 2017/701, which are not yet mapped.
Version history
- From 17 Sept 2014
Each entry is a consolidated version of the act on EUR-Lex in which this provision appears. The text itself is on the official site.