EU · MiFIR · TITLE III TRANSPARENCY FOR SYSTEMATIC INTERNALISERS AND INVESTMENT FIRMS TRADING OTC AND TICK SIZE REGIME FOR SYSTEMATIC INTERNALISERS
Article 19 MiFIRMonitoring by ESMA
Deleted by Regulation (EU) 2024/791; last in consolidated text 02014R0600-20240109.
Read the official text on EUR-Lex(opens in a new tab)Repealed. Required competent authorities and ESMA to monitor how systematic internalisers applied the non-equity quoting obligations in Article 18 (quote sizes and whether quotes reflected market conditions), with an ESMA report due by January 2019, and empowered the Commission to specify instrument sizes and the reasonable commercial basis for quotes.
Amendments and application dates
| Amending act | Change | Applies from |
|---|---|---|
| Regulation (EU) 2024/791 | Provision removed | 28 Mar 2024 |
Level 2: delegated and implementing acts
- Delegated actIn forceLegal basis
AI summaryMiFIR delegated regulation covering the criteria for a liquid market in shares, depositary receipts, ETFs and certificates, market data on a reasonable commercial basis, systematic internalisers' quoting and execution obligations, portfolio compression, and the conditions for ESMA, EBA and competent authorities' product intervention and position management powers. Amended by Delegated Regulation 2026/482 after the 2024 MiFIR review.
Commentary
No law-firm commentary is linked to this provision yet.
219 more documents relate to MiFIR as a whole without naming an article.
UK counterpart
- Article 19 UK MiFIR · Monitoring by the competent authority
Revoked from 31 Mar 2025 by Financial Services and Markets Act 2023.
No UK counterpartExplicit referenceUK article revoked from 31 Mar 2025 by Financial Services and Markets Act 2023; any restatement in FCA rules is not linked yet. The EU article is also deleted.
Version history
- From 1 Jul 2016 to 28 Mar 2024
- From 2 Jul 2014 to 1 Jul 2016
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.