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COMMISSION NOTICE on the interpretation and implementation of the transitional provision laid down in Regulation (EU) 2024/791 of the European Parliament and of the Council amending Regulation (EU) No 600/2014 as regards enhancing data transparency, removing obstacles to the emergence of consolidated tapes, optimising the trading obligations and prohibiting receiving payment for order flow · European Union

The MiFIR review will enter into force on 28 March and apply as of that date. Several provisions in the MiFIR review need to be supplemented by Commission delegated regulations to become fully operational. For the transitional period, Article 54(3) MiFIR provides that ‘[t]he provisions of the delegated acts adopted pursuant to Regulation (EU) No 600/2014 [i.e. MiFIR] as applicable before 28 March 2024 shall continue to apply until the date of application of the delegated acts adopted pursuant to Regulation (EU) No 600/2014 [i.e. MiFIR as amended by the MiFIR review] as applicable from that date’.

← 2. THE COMMISSION’S READING OF ARTICLE 54(3) MiFIR · All articles · sec_2__para__2 →

Source: EUR-Lex (Cellar) · retrieved 2026-09-07 · Text as adopted (Official Journal); later amendments are not incorporated in this text.