Europejski Urząd Nadzoru Giełd i Papierów Wartościowych (European Securities and Markets Authority - ESMA), Wstępny raport ESMA na temat danych po wprowadzeniu mechanizmu korekty rynkowej (MCM)

23 January 2023

ESMA70-446-775

Preliminary data report

On the introduction of the market correction mechanism

1 Executive Summary

Reasons for publication

On 22 December 2022, the European Council adopted Regulation (EU) 2022/2578 (the Regulation) establishing a market correction mechanism (MCM) to protect Union citizens and the economy against excessively high prices. The Regulation will enter into force on 1 February with application from the same day while the MCM only starts applying on 15 February 2023. Under Article 8(5) of the Regulation, ESMA is required to publish a preliminary data report concerning the introduction of the MCM by 23 January 2023 to be followed by an effects assessment by 1 March 2023. This report is the ESMA preliminary data report. ACER is also required to publish such a data report and ACER and ESMA have produced their respective reports in close cooperation.

Contents

Following an introduction (Section 2) where ESMA describes the MCM and the mandate received, the...