TITLE VI

COMPETENT AUTHORITIES
CHAPTER II

Cooperation between the competent authorities of the Member States and with ESMA

Binding mediation
Article 82
1
The competent authorities may refer to ESMA situations where a request relating to one of the following has been rejected or has not been acted upon within a reasonable time:
a
to carry out a supervisory activity, an on-the-spot verification, or an investigation, as provided for in Article 80; or
b
to exchange information as provided for in Article 81.
2
In the situations referred to in paragraph 1, ESMA may act in accordance with Article 19 of Regulation (EU) No 1095/2010, without prejudice to the possibilities for refusing to act on a request for information provided for in Article 83 of this Directive and to the possibility of ESMA acting in accordance with Article 17 of Regulation (EU) No 1095/2010.