Since the objectives of this Regulation, namely enhancing the transparency of certain activities in financial markets such as the use of SFTs and reuse of collateral in order to enable the monitoring and identification of the corresponding risks, cannot be sufficiently achieved by the Member States but can rather, by reason of the scale and effects of this Regulation, be better achieved at Union level, the Union may adopt measures, in accordance with the principle of subsidiarity as set out in Article 5 of the Treaty on European Union.
Ós rud é nach féidir leis na Ballstáit cuspóirí an Rialacháin seo, eadhon trédhearcacht ghníomhaíochtaí áirithe sna margaí airgeadais amhail úsáid IMUanna agus athúsáid comhthaobhachta d’fhonn faireachán a dhéanamh ar na rioscaí comhfhreagracha agus iad a shainaithint a fheabhsú, a bhaint amach go leordhóthanach ach gur fearr, de bharr fairsinge agus éifeachtaí an Rialacháin seo, is féidir iad a bhaint amach ar leibhéal an Aontais, féadfaidh an tAontas bearta a ghlacadh i gcomhréir le prionsabal na coimhdeachta a leagtar amach in Airteagal 5 den Chonradh ar an Aontas Eorpach.