Updated 21/12/2024
In force

Version from: 12/08/2022
Amendments (7)
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Article 81 - Transparency and data availability

Attention! This article will be amended on 24/12/2024. Please consult Regulation 2024/2987 to review the changes that will be made to the article.

Article 81

Transparency and data availability

1.  
A trade repository shall regularly, and in an easily accessible way, publish aggregate positions by class of derivatives on the contracts reported to it.
2.  
A trade repository shall collect and maintain data and shall ensure that the entities referred to in paragraph 3 have direct and immediate access to the details of derivatives contracts they need to fulfil their respective responsibilities and mandates.
3.  

A trade repository shall make the necessary information available to the following entities to enable them to fulfil their respective responsibilities and mandates:

(a) 

ESMA;

(b) 

EBA;

(c) 

EIOPA;

(d) 

the ESRB;

(e) 

the competent authority supervising CCPs accessing the trade repositories;

(f) 

the competent authority supervising the trading venues of the reported contracts;

(g) 

the relevant members of the ESCB, including the ECB in carrying out its tasks within a single supervisory mechanism under Council Regulation (EU) No 1024/2013 ( 20 );

(h) 

the relevant authorities of a third country that has entered into an international agreement with the Union as referred to in Article 75;

(i) 

supervisory authorities designated under Article 4 of Directive 2004/25/EC of the European Parliament and of the Council ( 21 );

(j) 

the relevant Union securities and market authorities whose respective supervisory responsibilities and mandates cover contracts, markets, participants and underlyings which fall within the scope of this Regulation;

(k) 

the relevant authorities of a third country that have entered into a cooperation arrangement with ESMA, as referred to in Article 76;

(l) 

the Agency for the Cooperation of Energy Regulators established by Regulation (EC) No 713/2009 of the European Parliament and of the Council ( 22 );

(m) 

the resolution authorities designated under Article 3 of Directive 2014/59/EU of the European Parliament and the Council ( 23 );

(n) 

the Single Resolution Board established by Regulation (EU) No 806/2014;

(o) 

competent authorities or national competent authorities within the meaning of Regulations (EU) No 1024/2013 and (EU) No 909/2014 and of Directives 2003/41/EC, 2009/65/EC, 2011/61/EU, 2013/36/EU and, 2014/65/EU, and supervisory authorities within the meaning of Directive 2009/138/EC;

(p) 

the competent authorities designated in accordance with Article 10(5) of this Regulation;

(q) 

the relevant authorities of a third country in respect of which an implementing act pursuant to Article 76a has been adopted;

(r) 

the resolution authorities designated under Article 3 of Regulation (EU) 2021/23.

A trade repository shall transmit data to competent authorities in accordance with the requirements under Article 26 of Regulation (EU) No 600/2014 ( 24 ).

4.  
ESMA shall share the information necessary for the exercise of their duties with other relevant Union authorities.
5.  

In order to ensure the consistent application of this Article, ESMA shall, after consulting the members of the ESCB, develop draft regulatory technical standards specifying the following:

(a) 

the information to be published or made available in accordance with paragraphs 1 and 3;

(b) 

the frequency of publication of the information referred to in paragraph 1;

(c) 

the operational standards required to aggregate and compare data across trade repositories and for the entities referred to in paragraph 3 to access that information;

(d) 

the terms and conditions, the arrangements and the required documentation under which trade repositories grant access to the entities referred to in paragraph 3.

ESMA shall submit those draft regulatory technical standards to the Commission by 18 June 2020.

In developing those draft regulatory technical standards, ESMA shall ensure that the publication of the information referred to paragraph 1 does not reveal the identity of any party to any contract.

Power is delegated to the Commission to supplement this Regulation by adopting the regulatory technical standards referred to in the first subparagraph in accordance with Articles 10 to 14 of Regulation (EU) No 1095/2010.


( 20 ) Council Regulation (EU) No 1024/2013 of 15 October 2013 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions (OJ L 287, 29.10.2013, p. 63).

( 21 ) Directive 2004/25/EC of the European Parliament and of the Council of 21 April 2004 on takeover bids (OJ L 142, 30.4.2004, p. 12).

( 22 ) Regulation (EC) No 713/2009 of the European Parliament and of the Council of 13 July 2009 establishing an Agency for the Cooperation of Energy Regulators (OJ L 211, 14.8.2009, p. 1).

( 23 ) Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council (OJ L 173, 12.6.2014, p. 190).

( 24 ) Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Regulation (EU) No 648/2012 (OJ L 173, 12.6.2014, p. 84).