Retained EU Law SI 2017/590 United Kingdom

Commission Delegated Regulation (EU) 2017/590 of 28 July 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the reporting of transactions to competent authorities (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 Firm8

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.art005 Identification of the investment firm executing a transaction Regulated
  • Include valid Legal Entity Identifier in transaction reportsFinancial Services Firm
s.art008 Identification of person or computer algorithm responsible for the investment decision Regulated
  • Identify who or what made the investment decision in transaction reportsFinancial Services Firm
s.art009 Identification of person or computer algorithm responsible for execution of a transaction Regulated
  • Identify the person or algorithm responsible for executing a transaction in your reportsFinancial Services Firm
s.art011 Designation to identify a short sale Regulated
  • Report short sale transactions to the competent authorityFinancial Services Firm
s.art012 Reporting of an execution for a combination of financial instruments Regulated
  • Report each financial instrument separately and link with a unique identifierFinancial Services Firm
s.art013 Conditions upon which legal entity identifiers are to be developed, attributed and maintained Regulated
  • Obtain client's LEI before providing transaction-reportable servicesFinancial Services Firm
s.art014 Reporting transactions executed by branches Regulated
  • Report branch-executed transactions to the home regulatorFinancial Services Firm
s.art015 Methods and arrangements for reporting financial transactions Regulated
  • Implement and maintain proper systems and controls for reporting financial transactionsFinancial Services Firm
10 other provisions — procedural and definitional
uri:annex/ii uri:annex/ii
s.art001 Data standards and formats for transaction reporting
s.art002 Meaning of transaction
s.art003 Meaning of execution of a transaction
s.art004 Transmission of an order
s.art006 Designation to identify natural persons
s.art007 Details of the identity of the client and identifier and details for the decision maker
s.art010 Designation to identify an applicable waiver
s.art016 Determination of the most relevant market in terms of liquidity
s.art017 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.