+Article 52 14a.

Article 52 14a.

Three years after the first authorisation of a consolidated tape, the Commission shall, after consulting ESMA and the expert stakeholder group established pursuant to Article 22b(2), submit a report to the European Parliament and to the Council on the following:

(a) 

the asset classes covered by a consolidated tape;

(b) 

the timeliness and the quality of the data transmitted to the CTP;

(c) 

the timeliness of the dissemination, and the quality, of the core market data and regulatory data;

(d) 

the role of core market data and regulatory data in reducing implementation shortfall;

(e) 

the number of users of the consolidated tape per asset class;

(f) 

the effect of core market data and regulatory data on remedying information asymmetries between various capital market participants;

(g) 

the appropriateness of the transmission protocols used for the transmission of data to the CTP;

(h) 

the appropriateness and functioning of the revenue redistribution scheme, in particular as regards data contributors that are small trading venues;

(i) 

the effects of the core market data and regulatory data on investments in SMEs.

1. Visão geral

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1.1 Referências

1.2 Requisitos identificados

1.3 Normas relacionadas

2. Requisitos identificados

Requisitos

3. Normas relacionadas

Normas