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🔗 Back to Summary. 🇫🇷 French Version: 2012R0236_FR.45. Open the PDF. Direct link to EUR-LEX.

Article 44 – Committee procedure ⬅️ | ➡️ Article 46 – Transitional provision

Article 45 - Review and report

By 30 June 2013, the Commission shall, in light of discussions with the competent authorities and ESMA, report to the European Parliament and the Council on:

(a)

the appropriateness of the notification and disclosure thresholds under Articles 5, 6, 7 and 8;

(b)

the impact of the individual disclosure requirements under Article 6, in particular with regard to the efficiency and volatility of financial markets;

(c)

the appropriateness of direct, centralised reporting to ESMA;

(d)

the operation of the restrictions and requirements in Chapters II and III;

(e)

the appropriateness of the restrictions on the uncovered sovereign credit default swaps and the appropriateness of any other restrictions or conditions on short selling or credit default swaps.