11.—(1) Article 10 (reporting procedures) is amended as follows.U.K.
(2) In paragraph 1, for “Agency” substitute “ national regulatory authority ”.
(3) In paragraph 2, for the words from “using” to the end, substitute “ in such manner as the national regulatory authority may direct ”.
(4) In paragraph 3—
(a)in the first sentence, for the words from the beginning to “industry standards” substitute—
“Market participants, and third parties reporting on their behalf, must comply with any procedures, standards or electronic formats established by the national regulatory authority ”;
(b)omit the second sentence.
Commencement Information
I1Sch. 2 para. 11 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)