Article 82 — Binding mediation

Financial servicesLevel 1DirectiveMiFID IIIn forceOfficial source

1.The competent authorities may refer to ESMA situations where a request relating to one of the following has been rejected or has not been acted upon within a reasonable time:

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82(1)(a)

(a)to carry out a supervisory activity, an on-the-spot verification, or an investigation, as provided for in Article 80; or

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82(1)(b)

(b)to exchange information as provided for in Article 81.

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82(2)

2.In the situations referred to in paragraph 1, ESMA may act in accordance with Article 19 of Regulation (EU) No 1095/2010, without prejudice to the possibilities for refusing to act on a request for information provided for in Article 83 of this Directive and to the possibility of ESMA acting in accordance with Article 17 of Regulation (EU) No 1095/2010.

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