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🔗 Back to Summary. 🇫🇷 French Version: 2017R0585_FR.7. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 6 – Methods and arrangements for supplying reference data ⬅️ | ➡️ Article 8 – Entry into force and application
Article 7 - Arrangements for efficient exchange and publication of reference data
1.
Competent authorities shall transmit complete and accurate reference data to ESMA each day no later than 23.59 CET using the secure electronic communication channel established for that purpose between competent authorities and ESMA.
2.
On the day following receipt of reference data in accordance with paragraph 1, ESMA shall consolidate the data received from each competent authority.
3.
ESMA shall make the consolidated data available to all competent authorities by 8.00 CET on the day following its receipt using the secure electronic communication channels referred to in paragraph 1.
4.
Competent authorities shall use the consolidated data in respect of a given day to validate the transaction reports in respect of transactions executed on that given day and reported pursuant to 2014.
5.
Each competent authority shall use the consolidated data for a given day to exchange transaction reports submitted on that given day in accordance with the second subparagraph of 2014.
6.
ESMA shall publish the reference data in an electronic, downloadable and machine-readable form.