Last Updated on June 3, 2025 by Arnaud Collignon
Corrigendum to Commission Delegated Regulation (EU) No. 2017/653
The Commission Delegated Regulation (EU) No. 2017/653, originally adopted on March 8, 2017, has undergone a significant corrigendum. This document outlines the amendments made to enhance clarity and ensure compliance with the regulatory framework.
Key Amendments
- Clarification of Definitions: The corrigendum provides clearer definitions of terms used within the regulation, ensuring that all stakeholders have a mutual understanding.
- Adjustment of Provisions: Certain provisions have been adjusted to align with the latest regulatory standards and practices.
- Implementation Dates: The corrigendum specifies updated implementation dates for various requirements, allowing for better planning and compliance.
Importance of Compliance
Adhering to the amended regulation is crucial for all entities involved in the financial sector. Non-compliance can lead to significant penalties and reputational damage. Therefore, it is essential to review the changes and adjust internal policies accordingly.
Next Steps for Stakeholders
Stakeholders are encouraged to:
- Review the full corrigendum to understand the implications of the changes.
- Update internal compliance frameworks to reflect the new requirements.
- Engage with legal and compliance teams to ensure all aspects of the regulation are addressed.
Further Information
For more details, please refer to the official documents:
- Corrigendum to Commission Delegated Regulation (EU) No. 2017/653
- Original Regulation (EU) No. 2017/653
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