{"release":{"id":"2d86bd12ba77a288053b34ea2517324b92d03c8039b7f5d156fa4002421384a1","published":"2026-11-10T16:06:46Z","pinned":false},"limits":{"coverage":{"history":"full","held_since":"2012-07-27","gaps":[],"covered":["EMIR L1"],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"2d86bd12ba77a288053b34ea2517324b92d03c8039b7f5d156fa4002421384a1","release_published":"2026-11-10T16:06:46Z","checked_at":"2026-11-09","checked_against":"EUR-Lex"},"truncation":null,"failures":[],"incomplete":[]},"page":{"path":"/emir/articles/58","url":"https://www.headlesslaw.com/emir/articles/58","title":"Article 58 — Examination of the application","family":"l1_generated","work_id":"emir","status":"in_force","force_status":"in_force","date_state":"current","requested_date":null,"as_of":"2026-11-11","applies_from":null,"application":null,"version_label":"Consolidated version of 12 August 2022","check":{"against":"EUR-Lex","on":"2026-11-09"},"check_result":"matched","official_url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02012R0648-20250117","valid_from":"2022-08-12","valid_until":null,"revision":1,"content_id":"320a2ab430daff77","change_date":null,"nearest_versions":["2012-07-27","2022-08-12"],"first_text_date":"2012-07-04","correction_applies":false,"versions":["2012-07-27","2022-08-12"],"version_url":"https://www.headlesslaw.com/emir/articles/58/versions/2022-08-12","revision_url":"https://www.headlesslaw.com/emir/articles/58/versions/2022-08-12/rev/320a2ab430daff77","versions_url":"https://www.headlesslaw.com/emir/articles/58/versions","relations_url":"https://www.headlesslaw.com/emir/articles/58/relations","source_line":null,"attribution":null},"provenance":{"official_url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02012R0648-20250117","check":{"result":"matched","checked_at":"2026-11-09","against":"EUR-Lex"},"repo_path":null,"body_sha256":"067954adca52daf0517e9f3b3b0a4e2fb989b53d6a7109597aa23b52e0f94fe4","markdown_sha256":"d3ab28b3b32a8e9e4cc777c949ee4e09e08262063a6369fc281b8e925112e534"},"units":[{"locator":"emir/art/58","kind":"article","status":"in_force","label":null,"heading":"Examination of the application","text":"","marks":[],"revision":1,"text_hash":"e3b0c44298fc1c149afbf4c8996fb92427ae41e4649b934ca495991b7852b855","reason":null},{"locator":"emir/art/58/para/1","kind":"paragraph","status":"in_force","label":"1.","heading":null,"text":"ESMA shall, within 40 working days from the notification referred to in the third subparagraph of Article 56(2), examine the application for registration based on the compliance of the trade repository with Articles 78 to 81 and shall adopt a fully reasoned registration decision or decision refusing registration.","marks":[],"revision":1,"text_hash":"cfdc71d0366e1e61b1585699e28f7f3e936c1c8e4f2d44304faf4114414eff44","reason":null},{"locator":"emir/art/58/para/2","kind":"paragraph","status":"in_force","label":"2.","heading":null,"text":"A decision issued by ESMA pursuant to paragraph 1 shall take effect on the fifth working day following its adoption.","marks":[],"revision":1,"text_hash":"abf3b249f9a619bc607707b229de7c8dab3b165e1819329f675cee0245f3860a","reason":null}],"markdown":"*In force · Consolidated version of 17 January 2025 · Verified 9 Nov 2026 · [Official source](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02012R0648-20250117)*\n\n1. <a id=\"p-1\"></a>ESMA shall, within 40 working days from the notification referred to in the third subparagraph of [Article 56(2)](56.md), examine the application for registration based on the compliance of the trade repository with [Articles 78](78.md) to 81 and shall adopt a fully reasoned registration decision or decision refusing registration.\n2. <a id=\"p-2\"></a>A decision issued by ESMA pursuant to paragraph 1 shall take effect on the fifth working day following its adoption.\n\n***\n\n[Title VI — Registration and supervision of trade repositories](../titles/vi.md) · [← Article 57](57.md) · [Article 59 →](59.md)\n"}