Regulation (EU) 2017/2402 Article 12

Examination of the application

Article 12

1. ESMA shall, within 40 working days of the notification referred to in Article 10(6), examine the application for registration, or for an extension of registration, based on the compliance of the securitisation repository with this Chapter and shall adopt a fully reasoned decision accepting or refusing registration or an extension of registration. 2. A decision issued by ESMA pursuant to paragraph 1 shall take effect on the fifth working day following that of its adoption.

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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 12 of Regulation (EU) 2017/2402 (LawPlayer, data as of 2026-07-04)

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