Article 45U.K.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.