Requirement (MIFID)
Article 13 Content of the transaction report
Requirements MIFID - REGULATION (EC) No 1287/2006
Description
Description
1. The reports of transactions referred to in Article 25(3) and
(5) of Directive 2004/39/EC shall contain the information
specified in Table 1 of Annex I to this Regulation which is
relevant to the type of financial instrument in question and
which the competent authority declares is not already in its
possession or is not available to it by other means.
2. For the purposes of the identification of a counterparty to
the transaction which is a regulated market, an MTF or other
central counterparty, as specified in Table 1 of Annex I, each
competent authority shall make publicly available a list of
identification codes of the regulated markets and MTFs for
which, in each case, it is the competent authority of the home
Member State, and of any entities which act as central
counterparties for such regulated markets and MTFs.
3. Member States may require reports made in accordance with
Article 25(3) and (5) of Directive 2004/39/EC to contain
information related to the transactions in question which is
additional to that specified in Table 1 of Annex I where that
information is necessary to enable the competent authority to
monitor the activities of investment firms to ensure that they act
honestly, fairly and professionally and in a manner that promotes
the integrity of the market, and provided that one of the
following criteria is met:
(a) the financial instrument which is the subject of the report
has characteristics which are specific to an instrument of
that kind and which are not covered by the information
items specified in that table;
(b) trading methods which are specific to the trading venue
where the transaction took place involve features which are
not covered by the information items specified in that table.
4. Member States may also require a report of a transaction
made in accordance with Article 25(3) and (5) of Directive 2004/
39/EC to identify the clients on whose behalf the investment firm
has executed that transaction.
Comment
Applies to Article 25(3) and (5) of Directive 2004/39/EC