Version detected , Modified +31 −29§
no amending act named
dates added to the text: 2014-06-28 · dates removed: 2015-01-02
Explanation, written by a model and checked against the cited text
The deadline in paragraph 1 for the joint EBA and ESMA report changed from 2 January 2015 to 28 June 2014.
Paragraph 3's wording on the Commission's review and report was adjusted with commas set off around "and report on", with no change to the 31 December 2016 date.
Cited: Art. 515, v1 (external, EUR-Lex) · Art. 515, v2 (external, EUR-Lex)
v1 is the previous version, v2 this one.
Text from EUR-Lex, before and after
Previous version 32013R0575 → this version, detected 13 August 2026 02013R0575-20130628
Article 515
Monitoring and evaluation
1. By 28 June 2014, EBA, together with ESMA, shall by 2 January 2015 report on the functioning of this Regulation with the related obligations under Regulation (EU) No 648/2012 and in particular with regard to institutions operating a central counterparty, in order to avoid duplication of requirements for derivative transactions and thereby avoid increased regulatory risk and increased costs for monitoring by competent authorities.
2. EBA shall monitor and evaluate the operation of the provisions for own funds requirements for exposures to a central counterparty as set out in Section 9 of Chapter 6 of Title II of Part Three. By 1 January 2015 EBA shall report to the Commission on the impact and effectiveness of such provisions.
3. By 31 December 2016 2016, the Commission shall review review, and report on on, the reconciliation of this Regulation with the related obligations under Regulation (EU) No 648/2012, the own funds requirements as set out in Section 9 of Chapter 6 of Title II of Part Three and shall submit that report to the European Parliament and the Council, and, if appropriate, a legislative proposal.