Retained EU Law SI 2017/580 United Kingdom

Commission Delegated Regulation (EU) 2017/580 of 24 June 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the maintenance of relevant data relating to orders in financial instruments (Text with EEA relevance)

Read it on legislation.gov.uk (opens in a new tab)
Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Financial Services Firm11

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Financial Services Firm — also bound by 167 other Acts

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.art001 Scope, standards and format of relevant order data Regulated
  • Keep order details available for your regulator and provide them on requestFinancial Services Firm
s.art002 Identification of the relevant parties Regulated
  • Maintain records of all order parties and their rolesFinancial Services Firm
s.art004 Date and time recording Regulated
  • Record order event dates/times using business clocksFinancial Services Firm
s.art005 Validity period and order restrictions Regulated
  • Keep records of order validity periods and restrictionsFinancial Services Firm
s.art006 Priority and sequence numbers Regulated
  • Maintain records of order priority time stamps and sequence numbersFinancial Services Firm
s.art007 Identification codes for orders in financial instruments Regulated
  • Assign unique order identification codes for every orderFinancial Services Firm
s.art008 Events affecting the orders in financial instruments Regulated
  • Maintain records of order event details for new ordersFinancial Services Firm
s.art009 Type of order in financial instruments Regulated
  • Record order types and classify each order as limit or stopFinancial Services Firm
s.art010 Prices relating to orders Regulated
  • Maintain records of all price details for each orderFinancial Services Firm
s.art012 Trading venue transaction identification code Regulated
  • Assign unique transaction ID for each executed tradeFinancial Services Firm
s.art013 Trading phases and indicative auction price and volume Regulated
  • Maintain records of trading phases and indicative auction pricesFinancial Services Firm
3 other provisions — procedural and definitional
s.art003 Trading capacity of members or participants of the trading venue and liquidity provision activity
s.art011 Order instructions
s.art014 Entry into force and application

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.