+Artikolu 1 5b.

Artikolu 1 5b.

Is-sistemi multilaterali kollha għandhom joperaw jew f’konformità mad-dispożizzjonijiet tat-Titolu II tad-Direttiva 2014/65/UE li jikkonċerna l-MTFs jew l-OTFs inkella f’konformità mad-dispożizzjonijiet tat-Titolu III ta’ dik id-Direttiva li jikkonċerna s-swieq regolati.

L-internalizzaturi sistematiċi għandhom joperaw f’konformità mat-Titolu III ta’ dan ir-Regolament.

Mingħajr preġudizzju għall-Artikoli 23 u 28, id-ditti tal-investiment kollha li jikkonkludu tranżazzjonijiet fi strumenti finanzjarji li ma jiġux konklużi fuq sistemi multilaterali jew fuq internalizzaturi sistematiċi għandhom jikkonformaw mal-Artikoli 20 u 21.

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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