emendrix

Art. 13

Market Abuse Regulation · 32014R0596 · every event for this act · on EUR-Lex

3 changes recorded across 3 events, newest first.

in force 2026-06-05 MODIFIED±0

Amended by Regulation (EU) 2024/2809 32024R2809

applies from: unknown

Sources disagree — the amending act's instructions found this change; the text comparison finds no difference in the provision's text and the EU's own amendment metadata does not list it. All are shown; none is overruled.

No explanation shipped — the structural diff did not see this change, so it carries no text; another signal named the unit and the disagreement ships as `disputed`.

text before / after

No text on either side: this unit was named by a signal that carries no text, and only the structural diff carries any.

in force 2024-12-04 MODIFIED

Amended by Regulation (EU) 2024/2809 32024R2809

applies from: unchanged

In point (d) of Article 13(12), the requirement that the market operator or investment firm operating the SME growth market also agrees to the liquidity contract's terms and conditions has been removed, leaving only the acknowledgment in writing that a copy of the contract was received.

Cited: Art. 13, v1 · Art. 13, v2

text before / after, on the event page →

in force 2021-01-01 MODIFIED

Amended by Regulation (EU) 2019/2115 32019R2115

applies from: unknown (the text changed beyond its dates, so no date that moved can be read as the application date)

dates added to the text: 2016-02-26, 2020-09-01

The revised article adds a new paragraph 12 permitting an issuer of financial instruments admitted to trading on an SME growth market to enter into a liquidity contract for its shares, subject to conditions covering compliance with paragraph 2 criteria and a related delegated regulation, use of a Union template, authorisation and registration of the liquidity provider, and written acknowledgment from the market operator or investment firm, along with a duty for the issuer to be able to demonstrate ongoing compliance and to provide the contract to competent authorities on request.

It also adds a new paragraph 13 directing ESMA to develop draft regulatory technical standards for a contractual template for such liquidity contracts, to submit them to the Commission by a stated deadline, with power delegated to the Commission to adopt them under Articles 10 to 14 of Regulation (EU) No 1095/2010.

Paragraphs 1 through 11 remain otherwise unchanged from the earlier version of the article.

Cited: Art. 13, v2 · Art. 13, v1

text before / after, on the event page →