{
  "url": "https://openlegislation.uk/eu-regulation-2012-648/article-56",
  "json_url": "https://openlegislation.uk/eu-regulation-2012-648/article-56.json",
  "legislation": "eur/2012/648",
  "legislation_title": "Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2012-648",
  "path": "article/56",
  "kind": "article",
  "number": "56",
  "heading": "Application for registration",
  "text": "1 . For the purposes of Article 55(1), a trade repository shall submit either of the following to the FCA:\n( a ) an application for registration;\n( b ) an application for an extension of the registration where the trade repository is already registered under Chapter III of Regulation (EU) 2015/2365.\n2. The FCA shall assess whether the application is complete within 20 working days of receipt of the application.\nWhere the application is not complete, the FCA shall set a deadline by which the trade repository is to provide additional information.\nAfter assessing an application as complete, the FCA shall notify the trade repository accordingly.\n3 . The FCA may make technical standards specifying the form and content of applications under paragraph 1.\n4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Substituted by Regulation (EU) 2019/834 of the European Parliament and of the Council of 20 May 2019 amending Regulation (EU) No 648/2012 as regards the clearing obligation, the suspension of the clearing obligation, the reporting requirements, the risk-mitigation techniques for OTC derivative contracts not cleared by a central counterparty, the registration and supervision of trade repositories and the requirements for trade repositories (Text with EEA relevance)."
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Art. 56(1) substituted (31.12.2020) by The Trade Repositories (Amendment and Transitional Provision) (EU Exit) Regulations 2018 (S.I. 2018/1318), regs. 1(3), 2(3)(a) (with regs. 14-19) (as amended by S.I. 2020/56, regs. 1, 9 and with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in Art. 56(2) substituted (31.12.2020) by The Trade Repositories (Amendment and Transitional Provision) (EU Exit) Regulations 2018 (S.I. 2018/1318), regs. 1(3), 2(3)(b)(i) (with regs. 14-19) (as amended by S.I. 2020/56, regs. 1, 9 and with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in Art. 56(2) substituted (31.12.2020) by The Trade Repositories (Amendment and Transitional Provision) (EU Exit) Regulations 2018 (S.I. 2018/1318), regs. 1(3), 2(3)(b)(ii) (with regs. 14-19) (as amended by S.I. 2020/56, regs. 1, 9 and with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Art. 56(3) substituted (31.12.2020) by The Trade Repositories (Amendment and Transitional Provision) (EU Exit) Regulations 2018 (S.I. 2018/1318), regs. 1(3), 2(3)(c) (with regs. 14-19) (as amended by S.I. 2020/56, regs. 1, 9 and with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Art. 56(4) omitted (31.12.2020) by virtue of The Trade Repositories (Amendment and Transitional Provision) (EU Exit) Regulations 2018 (S.I. 2018/1318), regs. 1(3), 2(3)(d) (with regs. 14-19) (as amended by S.I. 2020/56, regs. 1, 9 and with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2012/648/article/56",
    "retrieved_at": "2026-11-01T14:49:18.722951+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}