{"change_dates":[],"dossier":{"amendments":[],"changes":{"2016-06-10T02:14:13":[{"data":[{"body":"EP/CSL","date":"2016-05-17T00:00:00","type":"Initial period for examining delegated act 3 month(s)"},{"body":"EC","commission":[],"date":"2016-05-18T00:00:00","docs":[{"title":"C(2016)02859","type":"Non-legislative basic document published","url":"http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/actes_delegues/2016/02859/COM_ADL(2016)02859_EN.pdf"}],"type":"Non-legislative basic document published"},{"body":"EP","committees":[{"body":"EP","committee":"ECON","committee_full":"Economic and Monetary Affairs","responsible":true}],"date":"2016-05-25T00:00:00","type":"Committee referral announced in Parliament, 1st reading/single reading"},{"body":"EP","committees":[{"body":"EP","committee":"ECON","committee_full":"Economic and Monetary Affairs","responsible":true}],"date":"2016-05-30T00:00:00","type":"Vote in committee, 1st reading/single reading"},{"body":"EP","date":"2016-06-06T00:00:00","type":"Decision by committee, without report"},{"body":"EP","date":"2016-06-09T00:00:00","docs":[{"title":"T8-0273/2016","type":"Decision by Parliament, 1st reading/single reading","url":"http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P8-TA-2016-0273"}],"type":"Decision by Parliament, 1st reading/single reading"}],"path":["activities"],"type":"added"},{"data":[],"path":["other"],"type":"added"},{"data":[{"body":"EP","committee":"ECON","committee_full":"Economic and Monetary Affairs","responsible":true}],"path":["committees"],"type":"added"},{"data":{},"path":["links"],"type":"added"},{"data":{"Modified legal basis":"Rules of Procedure of the European Parliament EP 150","dossier_of_the_committee":"ECON/8/06549","legal_basis":["Rules of Procedure of the European Parliament EP 010-p6"],"reference":"2016/2735(DEA)","stage_reached":"Awaiting Council decision on delegated act","subject":["2.50.03 Securities and financial markets, stock exchange, CIUTS, investments"],"subtype":"Examination of delegated act","summary":["Supplementing"],"title":"Appropriate arrangements, systems and procedures for disclosing market participants conducting market soundings","type":"DEA - Delegated acts procedure"},"path":["procedure"],"type":"added"}],"2016-06-17T01:47:36":[{"data":["
The European Parliament decided to raise no\nobjections to the Commission delegated regulation of 17 May\n2016 supplementing Regulation (EU) No 596/2014 of the European\nParliament and of the Council with regard to regulatory technical\nstandards for the appropriate arrangements, systems and procedures\nfor disclosing market participants conducting market\nsoundings.
\nTo recall, Article 11(9) of Regulation\n(EU) No 596/2014 (the Market Abuse Regulation)\nempowers ESMA to develop draft regulatory technical standards to\ndetermine appropriate arrangements, procedures and record-keeping\nrequirements for persons to comply with the requirements laid down\nthat Article.
\nArticle 11(9) of the Market Abuse Regulation empowers\nthe Commission to adopt those regulatory technical standards in\naccordance with Regulation\n(EU) No 1095/2010 of the European Parliament and of the Council\n(the ESMA Regulation).
\nIn order to satisfy the latter empowerment, the\nCommission adopted on 17 May 2016 a delegated regulation\ncontaining important details on the procedures to be followed by\nmarket participants when carrying out market soundings.
\nThe delegated regulation may only enter into force at\nthe end of the scrutiny period of the Parliament and the\nCouncil if no objection has been\nexpressed either by the Parliament or the Council, or if, before\nthe expiry of that period, both the Parliament and the Council have\ninformed the Commission that they will not object.
\nThe scrutiny period provided by the ESMA Regulation is\nthree months from the date of notification of the regulatory\ntechnical standard, unless the standards adopted by the Commission\nare the same as the draft standards adopted by ESMA, in which case\nthe scrutiny period would be one month.
\nSome changes having been introduced into the draft\nregulatory technical standards adopted by ESMA, the delegated\nregulation cannot be considered to be the same as the draft\nregulatory technical standard adopted by ESMA. Therefore, the\nthree-month period for objection applies, and will expire on 17\nAugust 2016.
\nMembers considered that the smooth and timely\nimplementation of the market abuse framework by 3 July 2016\nrequires that the market participants and competent authorities\nmake the necessary arrangements and put the appropriate systems in\nplace as soon as possible, and in any event by 3 July 2016, and\nthis should be done in accordance with the delegated regulation.\nAccordingly, the delegated regulation should therefore enter\ninto force by 3 July 2016 at the latest, before the expiry of the\nscrutiny period on 17 August 2016.
\nFurthermore, Members considered that the provisions of\nthe delegated regulation in substance are consistent with the\nobjectives of Parliament as expressed in the Market Abuse\nRegulation, and in particular with the Parliaments intention\nto provide competent authorities with a full set of records of all\ninformation revealed in the course of a market sounding.
\nAccordingly, Parliament declared that it has no\nobjections to the delegated regulation.
\nThe European Parliament decided to raise no\nobjections to the Commission delegated regulation of 17 May\n2016 supplementing Regulation (EU) No 596/2014 of the European\nParliament and of the Council with regard to regulatory technical\nstandards for the appropriate arrangements, systems and procedures\nfor disclosing market participants conducting market\nsoundings.
\nTo recall, Article 11(9) of Regulation\n(EU) No 596/2014 (the Market Abuse Regulation)\nempowers ESMA to develop draft regulatory technical standards to\ndetermine appropriate arrangements, procedures and record-keeping\nrequirements for persons to comply with the requirements laid down\nthat Article.
\nArticle 11(9) of the Market Abuse Regulation empowers\nthe Commission to adopt those regulatory technical standards in\naccordance with Regulation\n(EU) No 1095/2010 of the European Parliament and of the Council\n(the ESMA Regulation).
\nIn order to satisfy the latter empowerment, the\nCommission adopted on 17 May 2016 a delegated regulation\ncontaining important details on the procedures to be followed by\nmarket participants when carrying out market soundings.
\nThe delegated regulation may only enter into force at\nthe end of the scrutiny period of the Parliament and the\nCouncil if no objection has been\nexpressed either by the Parliament or the Council, or if, before\nthe expiry of that period, both the Parliament and the Council have\ninformed the Commission that they will not object.
\nThe scrutiny period provided by the ESMA Regulation is\nthree months from the date of notification of the regulatory\ntechnical standard, unless the standards adopted by the Commission\nare the same as the draft standards adopted by ESMA, in which case\nthe scrutiny period would be one month.
\nSome changes having been introduced into the draft\nregulatory technical standards adopted by ESMA, the delegated\nregulation cannot be considered to be the same as the draft\nregulatory technical standard adopted by ESMA. Therefore, the\nthree-month period for objection applies, and will expire on 17\nAugust 2016.
\nMembers considered that the smooth and timely\nimplementation of the market abuse framework by 3 July 2016\nrequires that the market participants and competent authorities\nmake the necessary arrangements and put the appropriate systems in\nplace as soon as possible, and in any event by 3 July 2016, and\nthis should be done in accordance with the delegated regulation.\nAccordingly, the delegated regulation should therefore enter\ninto force by 3 July 2016 at the latest, before the expiry of the\nscrutiny period on 17 August 2016.
\nFurthermore, Members considered that the provisions of\nthe delegated regulation in substance are consistent with the\nobjectives of Parliament as expressed in the Market Abuse\nRegulation, and in particular with the Parliaments intention\nto provide competent authorities with a full set of records of all\ninformation revealed in the course of a market sounding.
\nAccordingly, Parliament declared that it has no\nobjections to the delegated regulation.
\n