Commission Implementing Regulation (EU) 2025/1157 of 12 June 2025 laying down implementing technical standards for the application of Regulation (EU) No 600/2014

Article 1

ESMA and the national competent authorities shall designate a contact point for handling all information received from applicants seeking authorisation as an APA or ARM. The contact details of the designated contact point shall be made public and regularly updated on the website of ESMA and of the national competent authorities.

Article 2

1. An applicant for authorisation as an APA or ARM shall provide ESMA, or, where relevant, its national competent authority with all information referred to in Article 27d of Regulation (EU) No 600/2014 by filling in the application form set out in Annex I to this Regulation.

2. An applicant for authorisation as an APA or ARM shall provide ESMA, or, where relevant, its national competent authority with information on all members of its management body by filling in the notification form set out in Annex II.

3. An applicant for authorisation as an APA or ARM shall clearly identify in its application for authorisation which specific requirement set out in Articles 27a to 27i of Regulation (EU) No 600/2014 the applicant refers to and in which document attached to its application that information is provided.

4. An applicant for authorisation as an APA or ARM shall indicate in its application for authorisation whether any specific requirement set out in Articles 27a to 27i of Regulation (EU) No 600/2014 or Commission Delegated Regulation (EU) 2025/1143 (7) is not applicable to the data reporting service that the applicant is applying for.

5. ESMA and the national competent authorities shall indicate on their websites whether duly copleted application forms, notifications and any related additional information are to be submitted electronically.

Article 3

Within 10 working days from the receipt of the application for authorisation, ESMA, or, where relevant, the national competent authority shall send electronically an acknowledgement of receipt to the applicant for authorisation as an APA or ARM, including the contact details of the contact point designated pursuant to Article 1.

Article 4

At the request of ESMA, or, where relevant, the national competent authority, an applicant for authorisation as an APA or ARM shall provide that authority with additional information that ESMA, or, where relevant, the national competent authority needs to proceed with the assessment of the application for authorisation within five working days following the receipt of that request.

Article 5

An APA or ARM shall provide ESMA, or, where relevant, its national competent authority with information on any change to the membership of its management body by filling in the notification form set out in Annex III.

Article 6

ESMA, or, where relevant, the national competent authority shall electronically inform an applicant for authorisation as an APA or ARM of its decision to grant or to refuse such authorisation within five working days following the adoption of a reasoned decision as referred to in Article 27d(3) of Regulation (EU) No 600/2014.

Article 7

ESMA shall designate a contact point for handling all information received from applicants seeking authorisation to operate a consolidated tape, which it shall make public and update regularly on its website.

Article 8

1. An applicant for authorisation as a CTP shall provide ESMA with all information referred to in Article 27db(1) of Regulation (EU) No 600/2014 by filling in the application form set out in Annex IV.

2. An applicant for authorisation as a CTP shall provide ESMA with information on all members of its management body by filling in the notification form set out in Annex V.

3. An applicant for authorisation as a CTP shall clearly identify in its application for authorisation which specific requirement set out in Articles 27a to 27i of Regulation (EU) No 600/2014 it refers to and in which document attached to its application that information is provided.

4. An applicant for authorisation as a CTP shall indicate in its application for authorisation whether any specific requirement set out in Articles 27a to 27i of Regulation (EU) No 600/2014 or Delegated Regulation (EU) 2025/1143 is not applicable to the CTP service that the applicant is applying for.

5. ESMA shall indicate on its website whether duly completed application forms, notifications and any related additional information are to be submitted electronically.

Article 9

Within 10 working days from the receipt of the application for authorisation, ESMA shall send electronically an acknowledgement of receipt to the applicant for authorisation as a CTP, including the contact details of the contact point designated pursuant to Article 7.

Article 10

At the request of ESMA, an applicant for authorisation as a CTP shall provide that authority with additional information that ESMA needs to proceed with the assessment of the application for authorisation within five working days following the receipt of ESMA’s request.

Article 11

A CTP shall provide ESMA with information on any change to the membership of its management body by filling in the notification form set out in Annex VI.

Article 12

ESMA shall electronically inform an applicant for authorisation as a CTP of its decision to grant or to refuse such authorisation within five working days following the adoption of a reasoned decision as referred to in Article 27db(3) of Regulation (EU) No 600/2014.

Article 13

Implementing Regulation (EU) 2017/1110 is repealed.

References to the repealed Regulation shall be construed as references to this Regulation.

Article 14

This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.