On 20 January 2022, there was published in the Official Journal of the EU, Commission Delegated Regulation 2022/76 of 22 September 2021 supplementing the Investment Firms Regulation (IFR) with regard to regulatory technical standards (RTS) specifying adjustments to the K-factor ‘daily trading flow’ coefficients. The RTS reflect a mandate under Article 15(5)(c) of the IFR. The Delegated Regulation enters into force on 9 February 2022.