ESMA has referred the matter to the competent authority of the third country and that competent authority has not taken the appropriate measures needed to protect investors and the orderly functioning of the markets in the Union, or has failed to demonstrate that the administrator concerned complies with the requirements applicable to it in the third country;
gur chuir ÚEUM an cheist faoi bhráid údarás inniúil an tríú tír agus nár ghlac an t-údarás inniúil sin na bearta iomchuí atá ag teastáil chun infheisteoirí agus feidhmiú rianúil na margaí san Aontas a chosaint nó gur mhainnigh sé a léiriú go gcomhlíonann an riarthóir lena mbaineann na ceanglais is infheidhme maidir leis sa tríú tír;