UK · MiFID II Regulations 2017 · PART 3 Position limits and position management controls in commodity derivatives
Regulation 17 MiFID II Regulations 2017Exemption for non-financial entities
Revoked from 6 Jul 2026 by Financial Services and Markets Act 2023.
Read the official text on legislation.gov.uk(opens in a new tab)Summary pending.
Amendments and application dates
| Amending act | Change | Applies from |
|---|---|---|
| Financial Services and Markets Act 2023 | Provision removed | 6 Jul 2026 |
| Financial Services and Markets Act 2023 | Revocation enacted, not yet commenced | — |
Commentary
No law-firm commentary is linked to this provision yet.
EU counterpart
MiFID II provisions it transposes
- Transposed MiFID II Art 57(1). Revoked from 6 Jul 2026 by Financial Services and Markets Act 2023.
Source: HM Treasury’s transposition note (2017).
Replaced by
S.I. 2017/701 reg. 15A (FCA rules on position limits) (confidence 90%). Source: FSMA 2023 explanatory notes, paras 105-106, 1530-1531 and 1548: the requirement for the FCA to set position limits is revoked (Sch 2 para 50, from 6 Jul 2026) and responsibility passes to trading venues under a framework of FCA rules made under new reg 15A of S.I. 2017/701 (Sch 2 para 45).
Restated in FCA rules
Regulation 17 has been revoked. These Handbook provisions restate it; the link is ours, made from published evidence (hover the badge for it).
- MAR 10.2.1G Establishing, applying and resetting position limits
- MAR 10.2.1AR Application of position limits
- MAR 10.2.1BG Application of position limits
- MAR 10.2.1CR Application of position limits
- MAR 10.2.1DG Application of position limits
- MAR 10.2.1ER Application of position limits
- MAR 10.2.1FG Application of position limits
- MAR 10.2.1GG Application of position limits
- MAR 10.2.1HR Application of position limits
- MAR 10.2.1IR Application of position limits
- MAR 10.2.1JG Application of position limits
- MAR 10.2.1KG Application of position limits
- MAR 10.2.1LR Application of position limits
- MAR 10.2.1MR Application of position limits
- MAR 10.2.1NG Application of position limits
- MAR 10.2.2D Application of position limits
- MAR 10.2.2AG Application of position limits
- MAR 10.2.3AG Position limits exemptions
- MAR 10.2.6R Non-financial entity exemption application
- MAR 10.2.7R Non-financial entity exemption application
- MAR 10.2.8G Non-financial entity exemption application
- MAR 10.2.9R Non-financial entity exemption application
- MAR 10.2.10R Non-financial entity exemption application
- MAR 10.2.11R Non-financial entity exemption application
- MAR 10.2.12R Non-financial entity exemption application
- MAR 10.2.13R Non-financial entity exemption application
- MAR 10.2.14R Pass-through hedging exemption
- MAR 10.2.15R Pass-through hedging exemption
- MAR 10.2.16G Pass-through hedging exemption
- MAR 10.2.17R Pass-through hedging exemption
- MAR 10.2.18R Pass-through hedging exemption
- MAR 10.2.19R Pass-through hedging exemption
- MAR 10.2.20R Pass-through hedging exemption
- MAR 10.2.21R Pass-through hedging exemption
- MAR 10.2.22R Liquidity provider exemption
- MAR 10.2.23R Liquidity provider exemption
- MAR 10.2.24R Liquidity provider exemption
- MAR 10.2.25R Liquidity provider exemption
- MAR 10.2.26R All exemptions
- MAR 10.2.27R All exemptions
- MAR 10.2.28G All exemptions
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