1. Introductory Text

2. CHAPTER I GENERAL ORGANISATIONAL REQUIREMENTS

   1. Article 1. General organisational requirements(Article 17(1) of Directive 2014/65/EU)

   2. Article 2. Role of the compliance function(Article 17(1) of Directive 2014/65/EU)

   3. Article 3. Staffing(Article 17(1) of Directive 2014/65/EU)

   4. Article 4. IT outsourcing and procurement(Article 17(1) of Directive 2014/65/EU)

3. CHAPTER II RESILIENCE OF TRADING SYSTEMS

   1. SECTION I Testing and deployment of trading algorithms systems and strategies

      1. Article 5. General methodology(Article 17(1) of Directive 2014/65/EU)

      2. Article 6. Conformance testing(Article 17(1) of Directive 2014/65/EU)

      3. Article 7. Testing environments(Article 17(1) of Directive 2014/65/EU)

      4. Article 8. Controlled deployment of algorithms(Article 17(1) of Directive 2014/65/EU)

   2. SECTION 2 Post-deployment management

      1. Article 9. Annual self-assessment and validation(Article 17(1) of Directive 2014/65/EU)

      2. Article 10. Stress testing(Article 17(1) of Directive 2014/65/EU)

      3. Article 11. Management of material changes(Article 17(1) of Directive 2014/65/EU)

   3. SECTION 3 Means to ensure resilience

      1. Article 12. Kill functionality(Article 17(1) of Directive 2014/65/EU)

      2. Article 13. Automated surveillance system to detect market manipulation(Article 17(1) of Directive 2014/65/EU)

      3. Article 14. Business continuity arrangements(Article 17(1) of Directive 2014/65/EU)

      4. Article 15. Pre-trade controls on order entry(Article 17(1) of Directive 2014/65/EU)

      5. Article 16. Real-time monitoring(Article 17(1) of Directive 2014/65/EU)

      6. Article 17. Post-trade controls(Article 17(1) of Directive 2014/65/EU)

      7. Article 18. Security and limits to access(Article 17(1) of Directive 2014/65/EU)

4. CHAPTER III DIRECT ELECTRONIC ACCESS

   1. Article 19. General provisions for DEA(Article 17(5) of Directive 2014/65/EU)

   2. Article 20. Controls of DEA providers(Article 17(5) of Directive 2014/65/EU)

   3. Article 21. Specifications for the systems of DEA providers(Article 17(5) of Directive 2014/65/EU)

   4. Article 22. Due diligence assessment of prospective DEA clients(Article 17(5) of Directive 2014/65/EU)

   5. Article 23. Periodic review of DEA clients(Article 17(5) of Directive 2014/65/EU)

5. CHAPTER IV INVESTMENT FIRMS ACTING AS GENERAL CLEARING MEMBERS

   1. Article 24. Systems and controls of investment firms acting as general clearing members(Article 17(6) of Directive 2014/65/EU)

   2. Article 25. Due diligence assessments of prospective clearing clients(Article 17(6) of Directive 2014/65/EU)

   3. Article 26. Position limits(Article 17(6) of Directive 2014/65/EU)

   4. Article 27. Disclosure of information about the services provided(Article 17(6) of Directive 2014/65/EU)

6. CHAPTER V HIGH-FREQUENCY ALGORITHMIC TRADING TECHNIQUE AND FINAL PROVISIONS

   1. Article 28. Content and format of order records(Article 17(2) of Directive 2014/65/EU)

   2. Article 29. Entry into force and application(Article 17(2) of Directive 2014/65/EU)

7. Signature

8. 1. ANNEX I

      Criteria to be considered in the investment firm's self-assessment as referred to in Article 9(1)

      1. When considering the nature of its business, an investment firm...

   2. ANNEX II

      Content and format of order records as referred to in Article 28