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Version status: Amended | Document consolidation status: Updated to reflect all known changes
Version date: 17 June 2019 - onwards
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Article 56 Application for registration

1. For the purposes of Article 55(1), a trade repository shall submit either of the following to ESMA:

(a) an application for registration;

(b) an application for an extension of the registration where the trade repository is already registered under Chapter III of Regulation (EU) 2015/2365.

2. ESMA shall assess whether the application is complete within 20 working days of receipt of the application.

Where the application is not complete, ESMA shall set a deadline by which the trade repository is to provide additional information.

After assessing an application as complete, ESMA shall notify the trade repository accordingly.

3. To ensure the consistent application of this Article, ESMA shall develop draft regulatory technical standards specifying the following:

(a) the details of the application for the registration referred to in point (a) of paragraph 1;

(b) the details of the simplified application for the extension of the registration referred to in point (b) of paragraph 1.

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