412. Article 56(3) of EMIR has been updated to include a reference to a provision mirroring the one in Article 5(7)(c) SFTR with regards to the extension of registration under EMIR for the TRs registered under SFTR. In that context ESMA is empowered to define the details of the simplified application for the extension of the registration.

413. It is worth noting that the process and timelines for new registration and for an extension of registration are the same.

414. To ensure consistency with the requirements under SFTR and alignment of the regulatory objectives to streamline the registration process for entities that are already registered by ESMA, in the following paragraphs are included the references to the relevant provisions for which additional information should be provided. It is worth noting that, where the applicant TR for extension of registration has experienced changes compared with the latest information provided under SFTR, it should submit it without undue delay.

a. Article 1, except paragraph k) of Article 1(2);

b. Article 2;

c. Article 5;

d. Article 7, except paragraph d of Article 7(2);

e. Article 8(b);

f. Article 9(1) and 9(d);

g. Article 11;