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Regulation (EU) No 655/2014 Article 53

Regulation (EU) No 655/2014 Article 53

Monitoring and review

Article 53

1.   By 18 January 2022, the Commission shall submit to the European Parliament, to the Council and to the European Economic and Social Committee a report on the application of this Regulation, including an evaluation as to whether: (a) financial instruments should be included in the scope of this Regulation, and (b) amounts credited to the debtor’s account after the implementation of the Preservation Order could be made subject to preservation under the Order. The report shall be accompanied, if appropriate, by a proposal to amend this Regulation and an assessment of the impact of the amendments to be introduced. 2.   For the purposes of paragraph 1, the Member States shall collect and make available to the Commission upon request information on: (a) the number of applications for a Preservation Order and the number of cases in which the Order was issued; (b) the number of applications for a remedy pursuant to Articles 33 and 34 and, if possible, the number of cases in which the remedy was granted; and (c) the number of appeals lodged pursuant to Article 37 and, if possible, the number of cases in which such an appeal was successful.

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 53 of Regulation (EU) No 655/2014 (LawPlayer, data as of 2026-07-04)

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