Where ESMA adopts a decision as referred to in Article 12 or withdraws the registration as referred to in Article 15(1), it shall notify the securitisation repository within five working days with a fully reasoned explanation for its decision.
I gcás ina nglacfaidh ÚEUM cinneadh amhail dá dtagraítear in Airteagal 12 nó ina dtarraingeoidh sé siar an clárú amhail dá dtagraítear in Airteagal 15(1), tabharfaidh sé fógra ina thaobh don stór urrúsúcháin laistigh de 5 lá oibre, ina mbeidh míniú lánréasúnaithe ar a chinneadh.