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Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories Text with EEA relevance article 59 CELEX: 02012R0648-20250117 Notification of ESMA decisions relating to registration
1. Where ESMA adopts a registration decision or a decision refusing or withdrawing registration, it shall notify the trade repository within five working days with a fully reasoned explanation of its decision.
ESMA shall, without undue delay, notify the relevant competent authority referred to in Article 57(1) of its decision. 2. ESMA shall communicate any decision taken in accordance with paragraph 1 to the Commission. 3. ESMA shall publish on its website a list of trade repositories registered in accordance with this Regulation. That list shall be updated within five working days following the adoption of a decision under paragraph 1. |