+Article 24a 6.

Article 24a 6.

The competent authority or ESMA, as applicable, shall issue a public notice stating that a significant benchmark provided by an administrator does not comply with this Regulation, and that users are to refrain from using that benchmark, where any of the following conditions is fulfilled:

(a) 

within 60 working days of the notification referred to in Article 24(2), of the designation referred to in Article 24(3) or of the designation referred to in Article 24(6), the administrator concerned has not initiated procedures to comply with paragraph 1, 2 or 3 of this Article, respectively;

(b) 

the authorisation, registration, recognition or endorsement procedures have failed;

(c) 

ESMA has withdrawn the registration of the administrator concerned in accordance with Article 31;

(d) 

ESMA has withdrawn or suspended the recognition of the administrator concerned in accordance with Article 32(8);

(e) 

the endorsement of the administrator concerned has ceased in accordance with Article 33(6);

(f) 

the competent authority has withdrawn or suspended the authorisation or registration of the administrator concerned in accordance with Article 35.

Competent authorities shall notify ESMA of all issued public notices without undue delay. ESMA shall publish all issued public notices on its website. ESMA and the competent authority shall remove the public notice without undue delay as soon as the reason for which it was issued is no longer valid.

1. Ħarsa ġenerali

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1.1 Referenzi

1.2 Rekwiżiti identifikati

1.3 Standards relatati

2. Rekwiżiti identifikati

Rekwiżiti

3. Standards relatati

Standards