Open on EUR-Lex ↗

Recital 17

Recital 17

(17)Pursuant to Article 32a(4) of Regulation (EU) No 600/2014, the implementing act suspending the derivative trading obligation is to be accompanied by the evidence presented by the competent authorities requesting the suspension. The evidence provided by the competent authorities to demonstrate compliance with the conditions laid down in Article 32a(1) of Regulation (EU) No 600/2014 includes trading data that constitute proprietary business data and written exchanges that contain personal data. Therefore, it is necessary to present that evidence in a way that protects financial counterparties from undue commercial risks and safeguards personal data, while also ensuring consistency and enabling the assessment of the evidence in light of the conditions laid down in Article 32a(1) of that Regulation.

Official text · the act as publishedFrom the act as published (consolidated texts do not carry recitals or the preamble). Open full page ↗
5 queries · page built in 4 msInventory f82bbfa3