+Artikolu 20 2.

Artikolu 20 2.

L-Istati Membri għandhom jippermettu lil ditta ta’ investiment jew operatur tas-suq li jopera OTF li jwettqu ►C4 negozjar matched principal ◄ f’bonds, prodotti strutturati ta’ finanza, allowances tal-emissjonijiet u ċerti derivattivi biss fejn il-klijent ikun approva l-proċess.

Ditta ta’ investiment jew operatur tas-suq li jopera OTF m’għandux juża ►C4 negozjar matched principal ◄ biex jeżegwixxi ordnijiet tal-klijenti f’OTF f’derivattivi li jappartjenu għal klassi ta’ derivattivi li tkun ġiet iddikjarata soġġetta għall-obbligu ta’ kklerjar bi qbil mal-Artikolu 5 tar-Regolament (UE) Nru 648/2012.

Ditta ta’ investiment jew operatur tas-suq li jopera OTF għandu jistabbilixxi arranġamenti li jiżguraw konformita’ mad-definizzjoni ta’ negozjar b’matched principal fil-punt (38) tal-Artikolu 4(1).

1. Ħarsa ġenerali

Titlu	Regolamentazzjoni

1.1 Referenzi

1.2 Rekwiżiti identifikati

1.3 Standards relatati

2. Rekwiżiti identifikati

Rekwiżiti
Sors	Rekwiżit

3. Standards relatati

Standards
Sors	Rekwiżit

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