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Regulation (EU) No 655/2014 of the European Parliament and of the Council of 15 May 2014 establishing a European Account Preservation Order procedure to facilitate cross-border debt recovery in civil and commercial matters article 53 CELEX: 02014R0655-20250501 Monitoring and review
1. By 18 January 2022, the Commission shall submit to the European Parliament, to the Council and to the European Economic and Social Committee a report on the application of this Regulation, including an evaluation as to whether: (a) financial instruments should be included in the scope of this Regulation, and (b) amounts credited to the debtor’s account after the implementation of the Preservation Order could be made subject to preservation under the Order.
The report shall be accompanied, if appropriate, by a proposal to amend this Regulation and an assessment of the impact of the amendments to be introduced. 2. For the purposes of paragraph 1, the Member States shall collect and make available to the Commission upon request information on: (a) the number of applications for a Preservation Order and the number of cases in which the Order was issued; (b) the number of applications for a remedy pursuant to Articles 33 and 34 and, if possible, the number of cases in which the remedy was granted; and (c) the number of appeals lodged pursuant to Article 37 and, if possible, the number of cases in which such an appeal was successful. |