Article 4b 4.

comply with the pre-agreed rules of the PTRR exercise, including methods and algorithms in prescheduled cycles, and act in a reasonable, transparent and non-discriminatory manner;

ensure that entities participating in a PTRR exercise have no influence over the result of the PTRR exercise;

undertake regular compression exercises where PTRR exercises result in new PTRR transactions;

keep complete and accurate records of all transactions executed pursuant to a PTRR exercise, including:

upon request make available, without undue delay, the records referred to in point (d) to the relevant competent authority and to ESMA; and

monitor the transactions resulting from the PTRR exercise in order to ensure, to the extent possible, that the PTRR exercise does not result in any misuse or circumvention of the clearing obligation.