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In this act Article 10 of 14

Article 10 — Notification when intending to establish an accepted market practice

Financial servicesLevel 2RTSMARIn forceOfficial source

10(1)

1.Competent authorities shall notify, in accordance with Article 13(3) of Regulation (EU) No 596/2014, their intention to establish an AMP by post or e-mail to ESMA and to the other competent authorities simultaneously, using a pre-identified list of contact points to be set-up and regularly maintained by competent authorities and ESMA.

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10(2)

2.The notification referred to in paragraph 1 shall include the following elements:

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10(2)(a)
(a)a statement of the intention to establish an AMP, including the expected date of establishment;
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10(2)(b)
(b)the identification of the notifying competent authority and the contact details of the contact person(s) within that competent authority (name, professional telephone number and e-mail address, title);
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10(2)(c)
(c)a detailed description of the market practice including:
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10(2)(c)(i)
(i)the identification of the types of financial instrument and trading venues on which the AMP will be performed;
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10(2)(c)(ii)
(ii)the types of persons who can perform the AMP;
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10(2)(c)(iii)
(iii)the type of beneficiaries;
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10(2)(c)(iv)
(iv)the indication of whether the market practice can be performed for a determined period of time and of any situations or conditions leading to a temporary interruption, suspension or termination of the practice;
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10(2)(d)
(d)the reason for which the practice could constitute market manipulation under Article 12 of Regulation (EU) No 596/2014;
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10(2)(e)
(e)the details of the assessment made according to Article 13(2) of Regulation (EU) No 596/2014.
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10(3)

3.The notification referred to in paragraph 1 shall include the table for assessing a proposed market practice using the template in the Annex.

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