Notification when intending to establish an accepted market practice
Article 10
1. Competent authorities shall notify, in accordance with Article 13(3) of Regulation (EU) No 596/2014, their intention to establish an AMP by post or e-mail to ESMA and to the other competent authorities simultaneously, using a pre-identified list of contact points to be set-up and regularly maintained by competent authorities and ESMA. 2. The notification referred to in paragraph 1 shall include the following elements: (a) a statement of the intention to establish an AMP, including the expected date of establishment; (b) the identification of the notifying competent authority and the contact details of the contact person(s) within that competent authority (name, professional telephone number and e-mail address, title); (c) a detailed description of the market practice including: (i) the identification of the types of financial instrument and trading venues on which the AMP will be performed; (ii) the types of persons who can perform the AMP; (iii) the type of beneficiaries; (iv) the indication of whether the market practice can be performed for a determined period of time and of any situations or conditions leading to a temporary interruption, suspension or termination of the practice; (d) the reason for which the practice could constitute market manipulation under Article 12 of Regulation (EU) No 596/2014; (e) the details of the assessment made according to Article 13(2) of Regulation (EU) No 596/2014. 3. The notification referred to in paragraph 1 shall include the table for assessing a proposed market practice using the template in the Annex.