CHAPTER 1 - Transparency for equity instruments (Article 3-7)Article 3 - Pre-trade transparency requirements for trading venues in respect of shares, depositary receipts, ETFs, certificates and other similar financial instrumentsQ&AArticle 4 - Waivers for equity instrumentsITS/RTSQ&AArticle 5 - Volume Cap MechanismITS/RTSQ&AArticle 6 - Post-trade transparency requirements for trading venues in respect of shares, depositary receipts, ETFs, certificates and other similar financial instrumentsQ&AArticle 7 - Authorisation of deferred publicationITS/RTSQ&A
CHAPTER 2 - Transparency for non-equity instruments (Article 8-11)Article 8 - Pre-trade transparency requirements for trading venues in respect of bonds, structured finance products, emission allowances and derivativesQ&AArticle 9 - Waivers for non-equity instrumentsITS/RTSQ&AArticle 10 - Post-trade transparency requirements for trading venues in respect of bonds, structured finance products, emission allowances and derivativesQ&AArticle 11 - Authorisation of deferred publicationITS/RTSQ&A
CHAPTER 3 - Obligation to offer trade data on a separate and reasonable commercial basis (Article 12-13)Article 12 - Obligation to make pre-trade and post-trade data available separatelyITS/RTSQ&AArticle 13 - Obligation to make pre-trade and post-trade data available on a reasonable commercial basisITS/RTSQ&AGL
CHAPTER 1 - Authorisation of data reporting services providers (Article 27a-27f)Article 27aArticle 27b - Requirement for authorisationArticle 27c - Authorisation of data reporting services providersArticle 27d - Procedures for granting and refusing applications for authorisationArticle 27e - Withdrawal of authorisationArticle 27f - Requirements for the management body of a data reporting services providerGL
CHAPTER 2 - Conditions for APAs, CTPs and ARMs (Article 27g-27i)Article 27g - Organisational requirements for APAsGLArticle 27h - Organisational requirements for CTPsGLArticle 27i - Organisational requirements for ARMsGL
CHAPTER 1 - Competences and procedures (Article 38a-38g)Article 38a - Exercise of ESMA’s powersArticle 38b - Request for informationArticle 38c - General investigationsArticle 38d - On-site inspectionsArticle 38e - Exchange of informationArticle 38f - Professional secrecyArticle 38g - Supervisory measures by ESMA
CHAPTER 2 - Administrative sanctions and other administrative measures (Article 38h-38o)Article 38h - FinesArticle 38i - Periodic penalty paymentsArticle 38j - Disclosure, nature, enforcement and allocation of fines and periodic penalty paymentsArticle 38k - Procedural rules for taking supervisory measures and imposing finesITS/RTSArticle 38l - Hearing of the persons concernedArticle 38m - Review by the Court of JusticeArticle 38n - Authorisation and supervisory feesITS/RTSArticle 38o - Delegation of tasks by ESMA to competent authorities
CHAPTER 1 - Product monitoring and intervention (Article 39-43)Article 39 - Market monitoringArticle 40 - ESMA temporary intervention powersITS/RTSQ&AArticle 41 - EBA temporary intervention powersITS/RTSArticle 42 - Product intervention by competent authoritiesITS/RTSQ&AArticle 43 - Coordination by ESMA and EBA
CHAPTER 2 - Positions (Article 44-45)Article 44 - Coordination of national position management measures and position limits by ESMAArticle 45 - Position management powers of ESMAITS/RTS