Article 10 Quality of the information

ESMA shall perform automated validations to verify whether all information provided to ESAP by the collection bodies complies with the requirements laid down in Article 5(1), point (c).

ESMA shall implement appropriate technical processes to automatically notify a collection body in cases where the information provided does not comply with the requirements laid down in Article 5(1), point (c). In cases of non-compliance with those requirements, entities shall bear the responsibility for the information. The collection body shall notify the entity in cases where the information has been rejected and the reasons for that rejection in accordance with Article 5(4).

ESMA may perform additional data quality, integrity and proof of origin checks. On the basis of the results of those checks, ESMA may notify the collection bodies of deficiencies identified and suspend making information accessible on ESAP.