ESMA withdraws registration of NEX Abide Trade Repository AB

31 July 2020

Metadata
Provider: 
ESMAESMA
URL: 
https://www.esma.europa.eu/press-news/esma-news/esma-withdraws-registration-nex-abide-trade-repository-abhttps://www.esma.europa.eu/press-news/esma-news/esma-withdraws-registration-nex-abide-trade-repository-ab
Retrieved on: 
Saturday, August 1, 2020
Information
Tags: 
Financial regulation, Financial markets, Corporate law, Given names, Trade Repository, European Market Infrastructure Regulation, European Union, Government agencies, Esma, European Securities and Markets Authority
Summary
Key Points: 
  • 31 July 2020

    Post Trading

    Trade Repositories

    The European Securities and Markets Authority (ESMA), the EU's Securities Markets Authority, has today withdrawn the trade repository (TR) registration of NEX Abide Trade Repository AB (NATR).

  • The withdrawal decision follows the official notification to ESMA by NATR of its intention to renounce its registration as a TR under the conditions set out in Article 71(1)(a) of EMIR.
  • Point (a) of Article 71(1) of EMIR provides that without prejudice to Article 73, ESMA shall withdraw the registration of a trade repository where the trade repository expressly renounces the registration or has provided no services for the preceding six months.
  • ESMA has updated itslist of authorised trade repositoriesin the EU.
Copyright: 
2020 ESMA. All Rights Reserved.