Article 3 — Review and reporting of accountability levels

1.Trading venues shall, on an annual basis, evaluate the adequacy and effectiveness of the accountability levels established pursuant to Article 2(1).

2.A trading venue shall communicate to its competent authority the methodology used for setting the accountability levels referred to in Article 2(1).

3.A trading venue shall inform its competent authority on an annual basis of the number of instances where accountability levels have been exceeded, of any requests for additional information made in accordance with Article 2(3) and of any actions taken in accordance with Article 2(4).