(1)

Commission Implementing Regulation (EU) No 1248/2012 (2) lays down a uniform format for applications for registration of trade repositories. The use of the uniform format provided in that Regulation has proved to be efficient for trade repositories to provide information to the European Securities and Markets Authority regarding the application for registration of a trade repository. As the information to be provided in the application for the extension of registration as trade repository is similar to the equivalent information to be provided when applying for a registration as trade repository, the same uniform format is suitable for both applications.

(2)

In accordance with Commission Delegated Regulation (EU) No 150/2013 (3), where an applicant trade repository considers that a requirement of that Regulation is not applicable to it, it must clearly indicate that requirement in its application and provide an explanation why such requirement does not apply. Those requirements and explanations should be clearly identified in the application for registration or for extension of registration as trade repositories. References to the delegated act with regards to regulatory technical standards specifying the details of the application for registration of trade repositories in Implementing Regulation (EU) No 1248/2012 should therefore be replaced by references to Delegated Regulation (EU) No 150/2013.

(3)

Implementing Regulation (EU) No 1248/2012 should therefore be amended accordingly.

(4)

This Regulation is based on the draft implementing technical standards submitted to the Commission by the European Securities and Markets Authority. The European Securities and Markets Authority has conducted open public consultations on the draft implementing technical standards on which this Regulation is based, analysed the potential related costs and benefits and requested the advice of the Securities and Markets Stakeholder Group established in accordance with Article 37 of Regulation (EU) No 1095/2010 of the European Parliament and of the Council (4),

1.

Article 1 is replaced by the following:

(*1)  Commission Delegated Regulation (EU) No 150/2013 of 19 December 2012 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council on OTC derivatives, central counterparties and trade repositories with regard to regulatory technical standards specifying the details of the application for registration as a trade repository (OJ L 52, 23.2.2013, p. 25)."

(*2)  Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (OJ L 302, 17.11.2009, p. 32).’;"

(2)

The Annex is amended in accordance with the Annex to this Regulation.