(22)ESMA has conducted open public consultations on the draft regulatory technical standards on which this Regulation is based, analysed the potential related costs and benefits as part of the consultation paper and requested the advice of the Securities and Markets Stakeholder Group established in accordance with Article 37 of Regulation (EU) No 1095/2010 of the European Parliament and of the Councilnote. Furthermore, in developing its recommendations ESMA engaged with the Market Infrastructure and Payments Committee of the European System of Central Banks (ESCB), in accordance with Article 10 of Regulation (EU) No 1095/2010,
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