(1) The FCA must inform ESMA of the details of any position limit it has established under regulation 16.
(2) The FCA must inform ESMA of the details of any position management controls that have been imposed on a trading venue which trades commodity derivatives by the operator of that trading venue if -
(a) the operator of the trading venue is an investment firm, credit institution, or recognised investment exchange;
(b) the FCA is the competent authority of the operator of the trading venue; and
(c) the operator of the trading venue has informed the FCA it has imposed those position management controls.
(3) In paragraph (2) "position management controls" means the position management controls referred to in Article 57.8 of the markets in financial instruments directive.