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Text as of 28 Jun 2021 · Consolidated version of 1 January 2014 · Same wording as today’s text.Today’s text

Article 61 — Request for information

Financial servicesLevel 1RegulationEMIRIn forceVerifiedOfficial source

61(1)

1.ESMA may by simple request or by decision require trade repositories and related third parties to whom the trade repositories have outsourced operational functions or activities to provide all information that is necessary in order to carry out its duties under this Regulation.

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61(2)

2.When sending a simple request for information under paragraph 1, ESMA shall:

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61(2)(a)
(a)refer to this Article as the legal basis of the request;
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61(2)(b)
(b)state the purpose of the request;
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61(2)(c)
(c)specify what information is required;
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61(2)(d)
(d)set a time limit within which the information is to be provided;
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61(2)(e)
(e)inform the person from whom the information is requested that he is not obliged to provide the information but that in case of a voluntary reply to the request the information provided must not be incorrect and misleading; and
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61(2)(f)
(f)indicate the fine provided for in Article 65 in conjunction with point (a) of Section IV of Annex I where the answers to questions asked are incorrect or misleading.
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61(3)

3.When requiring to supply information under paragraph 1 by decision, ESMA shall:

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61(3)(a)
(a)refer to this Article as the legal basis of the request;
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61(3)(b)
(b)state the purpose of the request;
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61(3)(c)
(c)specify what information is required;
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61(3)(d)
(d)set a time limit within which the information is to be provided;
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61(3)(e)
(e)indicate the periodic penalty payments provided for in Article 66 where the production of the required information is incomplete;
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61(3)(f)
(f)indicate the fine provided for in Article 65 in conjunction with point (a) of Section IV of Annex I, where the answers to questions asked are incorrect or misleading; and
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61(3)(g)
(g)indicate the right to appeal the decision before ESMA’s Board of Appeal and to have the decision reviewed by the Court of Justice of the European Union (‘Court of Justice’) in accordance with Articles 60 and 61 of Regulation (EU) No 1095/2010.
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61(4)

4.The persons referred to in paragraph 1 or their representatives and, in the case of legal persons or associations having no legal personality, the persons authorised to represent them by law or by their constitution shall supply the information requested. Lawyers duly authorised to act may supply the information on behalf of their clients. The latter shall remain fully responsible if the information supplied is incomplete, incorrect or misleading.

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61(5)

5.ESMA shall, without delay, send a copy of the simple request or of its decision to the competent authority of the Member State where the persons referred to in paragraph 1 concerned by the request for information are domiciled or established.

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