On 7 May 2025, the European Commission (Commission) adopted a Commission Delegated Regulation (EU) amending Commission Delegated Regulation (EU) 2022/803 as regards rules of procedure for the exercise of the power to impose fines or periodic penalty payments by the European Securities Markets Authority (ESMA) with respect to consolidated tape providers (CTPs).

Background

Commission Delegated Regulation (EU) 2022/803 is based on Article 38k(10) of the Markets in Financial Instruments Regulation. It set out rules of procedure for the exercise of the power to impose fines or periodic penalty payments by ESMA regarding two specific types of data reporting service providers (DRSPs), namely approved publication arrangements and approved reporting mechanisms.

Changes

Article 1 of the Delegated Regulation amends Commission Delegated Regulation (EU) 2022/803 to ensure that its scope covers all types of DRSPs subject to ESMA’s supervision, including CTPs.

Next steps

The Delegated Regulation enters into force on the twentieth day following that of its publication in the Official Journal of the European Union.