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In this act Article 2 of 17

Article 2 — Recovery of supervisory costs in full

Financial servicesLevel 2Delegated RegulationEMIRIn forceOfficial source

The fees charged to trade repositories shall cover:

2(a)
(a)all direct and indirect costs relating to the registration and supervision of trade repositories by ESMA in accordance with Regulation (EU) No 648/2012, including those costs resulting from the recognition of trade repositories;
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2(b)
(b)all costs for the reimbursement of direct and indirect costs of competent authorities that have carried out work pursuant to Regulation (EU) No 648/2012, in particular as a result of any delegation of tasks in accordance with Article 74 of Regulation (EU) No 648/2012.
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