EU · MiFIR · TITLE III TRANSPARENCY FOR SYSTEMATIC INTERNALISERS AND INVESTMENT FIRMS TRADING OTC AND TICK SIZE REGIME FOR SYSTEMATIC INTERNALISERS

Article 22b MiFIRData quality

In force

Read the official text on EUR-Lex(opens in a new tab)

AI-generated What this provision does

Data sent to and disseminated by consolidated tape providers must meet the transparency RTS standards; the Commission set up an expert stakeholder group to advise on data quality and transmission protocols, and ESMA RTS cover transmission protocol quality, presentation of core market data, near-real-time transmission and the data needed for the tapes to operate.

Amendments and application dates

Amending act	Change	Applies from
Regulation (EU) 2024/791	Provision inserted	28 Mar 2024

Level 2: delegated and implementing acts

RTSIn forceLegal basis
Commission Delegated Regulation (EU) 2025/1155 of 12 June 2025 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards specifying the input and output data of consolidated tapes, the synchronisation of business clocks and the revenue redistribution by the consolidated tape provider for shares and ETFs, and repealing Commission Delegated Regulation (EU) 2017/574
European Commission · 3 Nov 2025 · EUR-Lex
AI summaryRTS on consolidated tapes under the 2024 MiFIR review: specifies the input data contributors must send to the bond and share/ETF CTPs and the output data CTPs disseminate, transmission quality and timestamp format, business clock synchronisation and accuracy for venues, SIs, APAs and CTPs, and the methodology for redistributing share/ETF CTP revenue. Repeals RTS 25 (2017/574); applies from 2 March 2026.

Level 3: ESMA Q&As, guidelines and opinions

Q&AAnsweredESMA rulebook
ESMA_QA_2824: Consolidated Tape Provider (CTP)
ESMA · 1 Apr 2026 · the ESMA website
AI summaryData contributors report an instrument's initial status to the CTP when the CTP starts operating (ACTV unless already suspended or halted) and when an instrument is newly admitted to trading (ACTV); this sets the baseline the CTP disseminates until a change is reported, as ESMA's examples show.
Q&AAnsweredESMA rulebook
ESMA_QA_2826: Consolidated Tape Provider (CTP)
ESMA · 1 Apr 2026 · the ESMA website
AI summaryA trading venue suffering an outage should promptly communicate it on its website and to the consolidated tape provider, in line with ESMA's opinion on outages; it then need not separately generate order matching system status data for the CTP.
Q&AAnsweredESMA rulebook
ESMA_QA_2823: Consolidated Tape Provider (CTP)
ESMA · 1 Apr 2026 · the ESMA website
AI summaryData contributors send instrument regulatory data to the consolidated tape provider only when an instrument's trading status changes (suspension, halt, resumption or removal); the CTP disseminates updates in real time and maintains a current list of all instruments admitted to trading.
Q&AAnsweredESMA rulebook
ESMA_QA_2829: Trading status for on halt/suspended instruments
ESMA · 1 Apr 2026 · the ESMA website
AI summaryBecause instrument status messages are given per ISIN, MIC and currency, MTFs and OTFs must send a status message whenever they halt or suspend an instrument, even if the primary exchange has already done so.

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

No UK counterpartExplicit reference
Inserted in the EU by Regulation (EU) 2024/791 (from 28 Mar 2024), after exit.

Version history

From 28 Mar 2024

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.