PART 3AMENDMENT AND REVOCATION OF RETAINED DIRECT EU LEGISLATION

CHAPTER 1AMENDMENT OF THE EMIR REGULATION

Review and evaluation32.

(1)

Article 21 is amended as follows.

(2)

In paragraph 1, for the words from the beginning to “authorities” substitute “ The competent authority ”.

(3)

In paragraph 3 and 5, for “competent authorities” substitute “ competent authority ”.

F1(3A)

In paragraph 3—

(a)

in the second subparagraph omit the words from “Upon ESMA’s request,” to the end;

(b)

omit the third subparagraph.

(4)

Omit paragraphs 4 and 6.