(24)The following Article is inserted:‘Article 58aBinding mediationThe competent authorities may refer to ESMA situations where a request relating to one of the following has been rejected or has not been acted upon within a reasonable time:
(a)to carry out a supervisory activity, an on-the-spot verification, or an investigation, as provided for in Article 57; or
(b)to exchange information as provided for in Article 58.In the situations referred to in the first paragraph, ESMA may act in accordance with Article 19 of Regulation (EU) No 1095/2010, without prejudice to the possibilities for refusing to act on a request for information foreseen in Article 59a and to the possibility of ESMA acting in accordance with Article 17 of Regulation (EU) No 1095/2010.’.