+Article 74 6.

Article 74 6.

ESMA shall, after consulting the members of the ESCB, submit a report by 17 January 2025 to the Commission regarding the appropriateness of applying additional regulatory tools to improve settlement efficiency in the Union.

That report shall cover at least the shaping of transaction sizes, the partial settlement of failing trades and the use of auto-lend/borrow programmes.

Thereafter, ESMA, after consulting the members of the ESCB, shall report every three years on any potential additional tools to improve settlement efficiency in the Union. In cases where no new tools have been identified, ESMA shall inform the Commission thereof and shall not be required to provide a report.

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Titolo Regolamentazione

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1.2 Requisiti identificati

1.3 Standard correlati

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Requisiti
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3. Standard correlati

Standard
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