Amendment to Directive 2007/36/EC
Article 5
In Directive 2007/36/EC, the following chapter is inserted: ‘ Chapter IIb European single access point Article 14c Accessibility of information on the European single access point 1. From 10 January 2030, Member States shall ensure that, when making public any information referred to in Article 3g(1), Article 3h(1) and (2), Article 3j(1) and (2), Article 9a(7), Article 9b(5), Article 9c(2) and (7), and Article 14(2) of this Directive, institutional investors, asset managers, proxy advisors and companies submit that information at the same time to the collection body referred to in paragraph 3 of this Article for the purpose of making it accessible on the European single access point (ESAP) established under Regulation (EU) 2023/2859 of the European Parliament and of the Council ( *5 ) . Member States shall ensure that the information complies with the following requirements: (a) be submitted in a data extractable format as defined in Article 2, point (3), of Regulation (EU) 2023/2859 or, where required by Union law, in a machine-readable format, as defined in Article 2, point (4), of that Regulation; (b) be accompanied by the following metadata: (i) all the names of the institutional investor, asset manager, proxy advisor or company to which the information relates; (ii) the legal entity identifier of the institutional investor, asset manager, proxy advisor or company, as specified pursuant to Article 7(4), point (b), of Regulation (EU) 2023/2859; (iii) the size by category of the institutional investor, asset manager, proxy advisor or of the company, as specified pursuant to Article 7(4), point (d), of that Regulation; (iv) the industry sector(s) of the economic activities of the company, as specified pursuant to Article 7(4), point (e), of that Regulation; (v) the type of information, as classified pursuant to Article 7(4), point (c), of that Regulation; (vi) an indication of whether the information contains personal data. 2. For the purposes of paragraph 1, point (b)(ii), Member States shall require institutional investors, asset managers, proxy advisors and companies to obtain a legal entity identifier. 3. By 9 January 2030, for the purpose of making the information referred to in paragraph 1 of this Article accessible on ESAP, Member States shall designate at least one collection body as defined in Article 2, point (2), of Regulation (EU) 2023/2859 and notify ESMA thereof. 4. For the purpose of ensuring the efficient collection and management of information submitted in accordance with paragraph 1, ESMA shall develop draft implementing technical standards to specify the following: (a) any other metadata to accompany the information; (b) the structuring of data in the information; (c) for which information a machine-readable format is required and, in such cases, which machine-readable format is to be used. For the purposes of point (c), ESMA shall assess the advantages and disadvantages of different machine-readable formats and conduct appropriate field tests. ESMA shall submit those draft implementing technical standards to the Commission. Power is conferred on the Commission to adopt the implementing technical standards referred to in the first subparagraph of this paragraph in accordance with Article 15 of Regulation (EU) No 1095/2010. 5. Where necessary, ESMA shall adopt guidelines to ensure that the metadata submitted in accordance with paragraph 4, first subparagraph, point (a), are correct.