(1)Article 2(1), point (36a), of Regulation (EU) No 600/2014 defines data reporting services providers (DRSPs) as approved publication arrangements (APAs), approved reporting mechanisms (ARMs), and consolidated tape providers (CTPs). Although those types of entities are engaged in different data reporting activities, Regulation (EU) No 600/2014 and Commission Delegated Regulation (EU) 2017/571note provided for a similar authorisation procedure. Regulation (EU) 2024/791 of the European Parliament and of the Councilnote amended Regulation (EU) No 600/2014 to introduce a distinction between the authorisation procedure for APAs and ARMs, on the one hand, and the authorisation procedure for CTPs, on the other hand. Regulation (EU) 2024/791 also amended organisational requirements for CTPs. Moreover, as of 2025, DRSPs are required to comply with Regulation (EU) 2022/2554 of the European Parliament and of the Councilnote. To reflect those changes, Delegated Regulation (EU) 2017/571 should be repealed and replaced by a new Regulation.
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