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🔗 Back to Summary. 🇫🇷 French Version: 2016R0908_FR.10. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 9 – Structural characteristics of the market ⬅️ | ➡️ Article 11 – ESMA opinion
Références LVL1 <=> LVL2
Level 1 reference(s): 2014R0596_EN.13 > 3, 2014R0596_EN.13 > 2, 2014R0596_EN.12
Article 10 - Notification when intending to establish an accepted market practice
1.
Competent authorities shall notify, in accordance with 2014, their intention to establish an AMP by post or e-mail to ESMA and to the other competent authorities simultaneously, using a pre-identified list of contact points to be set-up and regularly maintained by competent authorities and ESMA.
2.
The notification referred to in paragraph 1 shall include the following elements:
(a)
a statement of the intention to establish an AMP, including the expected date of establishment;
(b)
the identification of the notifying competent authority and the contact details of the contact person(s) within that competent authority (name, professional telephone number and e-mail address, title);
(c)
a detailed description of the market practice including:
(i)
the identification of the types of financial instrument and trading venues on which the AMP will be performed;
(ii)
the types of persons who can perform the AMP;
(iii)
the type of beneficiaries;
(iv)
the indication of whether the market practice can be performed for a determined period of time and of any situations or conditions leading to a temporary interruption, suspension or termination of the practice;
(d)
the reason for which the practice could constitute market manipulation under 2014;
(e)
the details of the assessment made according to 2014.
3.
The notification referred to in paragraph 1 shall include the table for assessing a proposed market practice using the template in the Annex.