On 27 February 2026, there was published in the Official Journal of the EU (OJ) Commission Delegated Regulation (EU) 2026/482 of 24 November 2025 amending Delegated Regulation (EU) 2017/567 as regards the determination of what constitutes a liquid market for equity instruments, the obligation to provide market data on a reasonable commercial basis, the size specific to the instrument for the purposes of obligations for systematic internalisers, and the definition of and disclosure for post-trade risk reduction services.
The Delegated Regulation enters into force on the third day following its publication in the OJ, with Article 1, point (4), applying from 23 August 2026.
Our earlier blog on the Delegated Regulation can be found here.