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Recital 3

Recital 3

(3)Regulation (EU) 2024/2809 introduced a requirement for issuers to file with their competent authorities the exemption documents referred to in Article 1(4), first subparagraph, points (da) and (db), and Article 1(5), first subparagraph, point (ba), of Regulation (EU) 2017/1129, as amended by Regulation (EU) 2024/2809. It also introduced a requirement for ESMA to include in its yearly report prepared in accordance with Article 47(1) of Regulation (EU) 2017/1129 an analysis and statistics in relation to the extent to which such exemptions are used throughout the Union. To minimise the burden on competent authorities, they should be able to submit those documents to ESMA via the storage mechanism referred to in Article 21(6) of Regulation (EU) 2017/1129. That submission should include the metadata that enables ESMA to prepare such statistics. Delegated Regulation (EU) 2019/979 should therefore be updated to reflect those changes, including the list of metadata set out in Annex VII to that Delegated Regulation.

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