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Text as of 1 Jan 2020 · Original act (Official Journal of 27 July 2012) · Same wording as today’s text.Today’s text

Article 59 — Notification of ESMA decisions relating to registration

Financial servicesLevel 1RegulationEMIRIn forceVerifiedOfficial source

59(1)

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.

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ESMA shall, without undue delay, notify the relevant competent authority referred to in Article 57(1) of its decision.

59(2)

2.ESMA shall communicate any decision taken in accordance with paragraph 1 to the Commission.

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59(3)

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.

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