The Council of the EU has issued a corrigendum to Directive 2014/65/EU (MiFID II), correcting an obvious error in the Slovenian language version of the text as published in the Official Journal on 12 June 2014. The correction replaces the term “naročilo z omejitvijo” with “limitirano naročilo” in all grammatical cases and numbers, with the sentence grammatically adjusted accordingly. This is a technical correction under Procedure 2(b), per Council document R/2521/75, and the corrected text has been sent to the European Parliament. Member States have eight days to submit observations, which must be sent to dql.rectificatifs@consilium.europa.eu (DQL RECTIFICATIFS, Legal Service).
The corrigendum, dated 3 August 2026, is a routine administrative step in the EU's legislative process, ensuring that the Slovenian version of MiFID II uses the standard terminology for limit orders. The correction does not alter the substance of the directive, which has been in force since 2014 and governs markets in financial instruments across the EU. The directive, originally adopted on 15 May 2014, established a comprehensive regulatory framework for investment firms, trading venues, and market transparency, and has been amended several times since.
This corrigendum is part of the ongoing maintenance of EU legislation, where linguistic errors in official texts are corrected to ensure legal certainty and uniform application across all official languages. The procedure allows Member States to review the correction within a short window, after which the corrected text is considered final. The impact of this correction is minimal, affecting only the Slovenian language version of the directive, and it does not change the rights or obligations of market participants, national authorities, or consumers. The main stakeholders—EU financial institutions, national regulators, and investors—will see no practical change in their operations, as the correction is purely linguistic.
The Council's action highlights the importance of precise legal drafting in multilingual EU law, where even minor terminology differences can lead to interpretation issues. The use of the standard term “limitirano naročilo” aligns the Slovenian text with common usage in financial markets, reducing potential confusion for Slovenian-speaking market participants. While this is a minor procedural matter, it underscores the EU's commitment to maintaining the accuracy and clarity of its legal texts across all official languages.