1. Regulation (EU) No 2019/834 of the European Parliament and of the Council of 20 May 2019 amending Regulation (EU) No 648/2012 (EMIR REFIT) introduces several empowerments for ESMA to develop implementing and regulatory technical standards related to reporting framework under EMIR. In particular, Article 9(6) of EMIR, as amended by EMIR REFIT requires ESMA to develop implementing technical standards specifying the data standards, formats, methods and arrangements for reporting, the frequency of the reports and the date by which derivatives must be reported. Articles 56(3) and 56(4) of EMIR, as amended by EMIR REFIT provide that ESMA should develop regulatory and implementing technical standards concerning the registration and the extension of registration of the TRs. Furthermore, Article 78(10) of that regulation requires ESMA to develop regulatory technical standards specifying the procedures for reconciliation of data between the TRs and for verification by the TRs of the completeness and correctness of the data reported under Article 9. Article 81(5) of that regulation requires ESMA to develop regulatory technical standards concerning the data to be published by the TRs and data to be made available by them to the relevant authorities.