1 Amendments of Johan VAN OVERTVELDT related to 2022/0074(COD)
Amendment 198 #
Proposal for a regulation
Article 1 – paragraph 1 – point 24 a (new)
Article 1 – paragraph 1 – point 24 a (new)
Regulation (EU) No 909/2014
Article 74 a (new)
Article 74 a (new)
(24 a) The following Article is inserted: "Article 74a Accessibility of information on the European Single Access Point (ESAP) 1. In order to support the provision of accurate, timely and complete information on penalties under Article 7 of Regulation (EU) 909/2014, information necessary for the calculation of cash penalty amounts shall be centralised in the European Single Access Point [ESAP] established under the Regulation of the European Parliament and of the Council establishing a European single access point providing centralised access to publicly available information of relevance to financial services, capital markets and sustainability [ESAP Regulation]. 2. From 1 January 2027, when making public any information pursuant to Article 7(14) of this Regulation, the reporting entities shall submit that information to the relevant collection body referred to in paragraph 3 of this Article at the same time for accessibility on the ESAP. 3. From 1 January 2026, for the purposes of making accessible on ESAP the information referred to in Article 12(2) and Article 62, the collection body as defined in Article 2, point (2), of the ESAP Regulation shall be ESMA. 4. For the purposes of ensuring an efficient collection and administration of data submitted in accordance with paragraph 1, ESMA shall develop draft implementing technical standards to specify the list of financial instruments that fall within the scope of this Regulation and category of each such instrument. Before developing the draft implementing technical standards, ESMA shall carry out a cost-benefit analysis. For the purposes of point (c), ESMA shall assess the advantages and disadvantages of different machine-readable formats and conduct appropriate field tests for that purpose. ESMA shall submit those draft implementing technical standards to the Commission. Power is conferred on the Commission to adopt the implementing technical standards in accordance with Article 15 of Regulation (EU) No 1095/2010. "