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Provision history · Benchmarks Regulation

Art. 47 · Cooperation with ESMA

Benchmarks Regulation · 32016R1011 · every version of this act · on EUR-Lex (external, EUR-Lex)

1 change recorded across 1 version, newest first.

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Version in force , Modified +61 −0

Amended by Regulation (EU) 2019/2175 32019R2175 on EUR-Lex (external, EUR-Lex)

Applies from: no date changed

Explanation, written by a model and checked against the cited text

Paragraphs 1 and 2 now specify that the competent authorities in question are those referred to in Article 40(2), a reference not present in the earlier version.

Paragraph 2 also changes the timing requirement for providing information to ESMA from 'without delay' to 'without undue delay'.

Cited: Art. 47, v2 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Text from EUR-Lex, before and after

Previous version, in force 13 February 2021 02016R1011-20210213 → this version, in force 1 January 2022 02016R1011-20220101

Article 47 Cooperation with ESMA 1. The competent authorities referred to in Article 40(2) shall cooperate with ESMA for the purposes of this Regulation, in accordance with Regulation (EU) No 1095/2010. 2. The competent authorities referred to in Article 40(2) shall, without undue delay, provide ESMA with all information necessary to carry out its duties, in accordance with Article 35 of Regulation (EU) No 1095/2010. 3. ESMA shall develop draft implementing technical standards to determine the procedures and forms for exchange of information as referred to in paragraph 2. ESMA shall submit the draft implementing technical standards referred to in the first subparagraph to the Commission by 1 April 2017. Power is conferred to the Commission to adopt the implementing technical standards referred to in the first subparagraph in accordance with Article 15 of Regulation (EU) No 1095/2010.