What changed, Commission Delegated Regulation (EU) 2022/1299 of 24 March 2022 supplementing Directive 2014/65/EU

+ ### Article 1 — General monitoring obligations
− ### art_1
− Article 1
− 
+ ### Article 2 — Accountability levels
− ### art_2
+ **1.** As part of their position management controls, trading venues offering trading in commodity derivatives shall set accountability levels in the spot month as defined in Article 2, point (3) of Commission Delegated Regulation (EU) 2022/1302 (1) and in the other months as defined in Article 2, p…
− Article 2
+ **2.** For the purpose of paragraph 1, an accountability level is the level of the net position held in a commodity derivative by an end position holder or parent undertaking that, when exceeded, may trigger a request for additional information by the trading venue in accordance with paragraph 3.
− 1. As part of their position management controls, trading venues offering trading in commodity derivatives shall set accountability levels in the spot month as defined in Article 2(3) of Commission Delegated Regulation 2022/1301 (4) and in the other months as defined in Article 2(4) of Delegated Reg…
+ **3.** When a net position held by an end position holder or a parent undertaking in a commodity derivative referred to in paragraph 1 exceeds the accountability level set for the spot month or for the other months in accordance with paragraph 1 of this Article, the trading venue shall, where deemed…
− 2. For the purpose of paragraph 1, an accountability level is the level of the net position held in a commodity derivative by an end position holder or parent undertaking that, when exceeded, may trigger a request for additional information by the trading venue in accordance with paragraph 3.
− 3. When a net position held by an end position holder or a parent undertaking in a commodity derivative referred to in paragraph 1 exceeds the accountability level set for the spot month or for the other months in accordance with paragraph 1 of this Article, the trading venue shall, where deemed app…
− 
+ ### Article 3 — Review and reporting of accountability levels
− ### art_3
+ **1.** Trading venues shall, on an annual basis, evaluate the adequacy and effectiveness of the accountability levels established pursuant to Article 2(1).
− Article 3
+ **2.** A trading venue shall communicate to its competent authority the methodology used for setting the accountability levels referred to in Article 2(1).
− 1. Trading venues shall, on an annual basis, evaluate the adequacy and effectiveness of the accountability levels established pursuant to Article 2(1).
+ **3.** A trading venue shall inform its competent authority on an annual basis of the number of instances where accountability levels have been exceeded, of any requests for additional information made in accordance with Article 2(3) and of any actions taken in accordance with Article 2(4).
− 2. A trading venue shall communicate to its competent authority the methodology used for setting the accountability levels referred to in Article 2(1).
+ ### Article 4
− 3. A trading venue shall inform its competent authority on an annual basis of the number of instances where accountability levels have been exceeded, of any requests for additional information made in accordance with Article 2(3) and of any actions taken in accordance with Article 2(4).
+ This Regulation shall enter into force on the twentieth day following that of its publication in the *Official Journal of the European Union*.
− ### art_4
− 
− Article 4
− 
− This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.