European Commission Adopts MiFIR Delegated Regulation on Derivatives and Consolidated Tape Transparency

On July 13, 2026, the European Commission adopted a delegated regulation setting out regulatory technical standards on transparency requirements for trading venues and investment firms under MiFIR, covering derivatives, package orders, and input/output data for the OTC derivatives consolidated tape. The regulation amends Delegated Regulations (EU) 2017/583, (EU) 2017/2194, and (EU) 2025/1155, reflecting revisions introduced by MiFIR II (Regulation (EU) 2024/791).

• New regulatory technical standards for derivatives transparency under MiFIR II
• Updated package order transparency requirements
• Standards set for OTC derivatives consolidated tape input/output data
• Amends and corrects prior delegated regulations 2017/583, 2017/2194, and 2025/1155