Article 40
Competent authorities
1.
For the purposes of this Regulation, ESMA shall be the competent authority for:
(a)
administrators of critical benchmarks as referred to in points (a) and (c) of Article 20(1);
(b)
administrators of the benchmarks referred to in Article 32.
2.
Each Member State shall designate the relevant competent authority responsible for carrying out the duties under this Regulation and shall inform the Commission and ESMA thereof.
3.
A Member State that designates more than one competent authority in accordance with paragraph 2 shall clearly determine the respective roles of those competent authorities and shall designate a single authority to be responsible for coordinating the cooperation and the exchange of information with the Commission, ESMA and other Member States’ competent authorities.
4.
ESMA shall publish on its website a list of the competent authorities designated in accordance with paragraphs 2 and 3.