ABBL_response_-_ESMA_TS_MICA_-_Final.pdf

Here are the key points:

• The document is a response to the European Securities and Markets Authority (ESMA) draft Regulatory Technical Standard (RTS) on the assessment of acquisitions of qualifying holdings in the financial sector.
• The respondent supports the proportionate approach to requesting information from proposed indirect acquirers, differentiating between those identified via control criteria and multiplication criteria.
• They also agree with the list of information under Article 8 as being complete and comprehensive for assessing the financing of an acquisition.
• The respondent agrees with the identified cases where reduced information requirements apply and related requirements and safeguards.

The key points do not include specific references to articles or paragraphs in the draft RTS, but rather summarize the main opinions and agreements expressed in the response.